Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average fell 48 points, or 0.14%. S&P 500 futures ticked 0.15% lower and Nasdaq 100 futures...
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The central bank of India issued a new memo on Monday making it clear that BTC is not banned in the country. It has not been since early AMrch last year, but the RBI felt a need to clarify yesterday as per the memo below: I doubt it was...
The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it. Yardeni, who spent decades on Wall Street running investment strategy for major firms including Prudential and Deutsche Bank, sees inflationary pressures as a temporary byproduct tied to massive...
Domestic fund managers are increasingly looking to bring an international flavour to equity portfolios they handle as they look at large swings in performances. At least six equity funds have added shares of global companies in their holdings as part of direct stock allocations in the past year or...
MUMBAI: The Reserve Bank of India on Monday said the limits for foreign portfolio investors (FPI) investment during the current fiscal in government securities (G-secs) and State Development Loans (SDLs) will remain unchanged at 6 per cent and 2 per cent respectively, of outstanding stocks of securities for 2021-22....
OSLO: Norway’s $1.3 trillion sovereign wealth fund is unlikely to offer the same high returns in coming decades as it has over the past 25 years, its chief executive Nicolai Tangen said. Monday marked the 25th anniversary of the Norwegian government‘s first cash injection to the central bank to...
1.NISSAN :-Workers at the Renault-Nissan plant in southern India will not report for work on Monday over coronavirus-related safety concerns, according to a union letter to the company seen by Reuters, and two sources familiar with the matter. Ford and Hyundai have also shut plants in the south over...
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NEW DELHI: Markets regulator Sebi on Monday gave time till September 1 for mutual funds to comply with new rules wherein they are required to share details of risk, performance and portfolio to investors only for the scheme in which they have invested. The new norms were to come...
Intel Corp (NASDAQ:INTC) is trading down 1.06% at 57.12 Intel Corp (NASDAQ:INTC)’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer...
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Ruins of the Greenwood District after the massacre of African Americans in Tulsa, Oklahoma, in June 1921. American National Red Cross photograph collection. GHI | Universal Images Group | Getty Images A century ago this week, the wealthiest U.S. Black community was burned to the ground. At the turn...
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