The U.S. central bank’s fight to return inflation to its 2% target may take longer than expected to complete and limit how far interest rates can be cut, Richmond Federal Reserve President Thomas Barkin said on Wednesday. In an interview with Reuters, Barkin said he supported the half-percentage-point rate cut the Fed approved last month…
READ MOREForeign investors infused nearly ₹11,000 crore in domestic equities in the first week of the month owing to resilience of the Indian market and expectations of rate cut in the US. Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they had pulled out funds to the tune of ₹34,252 crore…
READ MOREDon’t blame Japan. Don’t be overwhelmed by the US job numbers. And, learn to live with the periodic exploits of a seemingly endless cast of zealous, mercurial characters in the Middle East. These are just good reasons and strong triggers, probably transient, for large sophisticated international investors to pull back from a market that most…
READ MOREForeign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Additionally, the anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director – Manager Research at Morningstar Investment Research India, said. Going forward,…
READ MOREIndia’s ambitious goal of becoming a developed nation by 2047 integrates a vision of economic growth, sustainable development goals, ease of living, ease of doing business, infrastructure, and social welfare. India’s real estate sector plays a significant role in India’s economy and contributes to the country’s Gross Domestic Product (GDP) through various channels contributing approximately…
READ MOREWhile many other institutional investors have been raising red flags over the non-stop rise in share prices in the broader market, Joanne Goh, Senior Investment Strategist of DBS Bank, prefers small and midcaps on a risk-adjusted basis, saying that high growth potential offers opportunities for significant returns. “With the near doubling of public capex in…
READ MORERising expectations that former President Donald Trump will regain the White House in November are supercharging the so-called Trump trade, on views that his policies will lift corporate profits even while spurring worries about the country’s long-term fiscal health. The two sides of the trade have been evident in recent weeks, as investors price in…
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