Country Financial News

Emerging-market borrowers are piling back into global bond markets, selling about $20 billion in dollar notes in just a few days, all too aware that the window of opportunity may snap shut as suddenly as it opened. 

Despite the somewhat dovish stance of Fed members causing a surge in risk assets last week, the US dollar index also experienced a partial uptick, reaching a peak near 106. After facing resistance at this level, the greenback stalled as investors switched to a cautious stance ahead of the upcoming US inflation data release.

By Kylie Madry

By Uditha Jayasinghe

Investing.com -- Shares in Boeing (NYSE:BA) rose in premarket U.S. trading on Monday after Bloomberg News reported that China is mulling potentially resuming purchases of the planemaker's fast-selling 737 Max jets.

Gresham’s law has historically influenced the circulation of currency and continues to impact economic behavior by addressing how individuals prioritize different forms of money.

Meitei extremist organisations which have been declared 'unlawful associations' are: > Peoples’ Liberation Army (PLA) and its political wing, the Revolutionary Peoples’ Front (RPF) > United National Liberation Front (UNLF) and its armed wing, the Manipur Peoples’ Army (MPA) > Peoples’ Revolutionary Party of Kangleipak (PREPAK) and its armed wing, the ‘Red Army’, > Kangleipak Communist Party (KCP) and its armed wing, also called the ‘Red Army’ > Kanglei Yaol Kanba Lup (KYKL) > Coordination Committee (CorCom) > Alliance for Socialist Unity Kangleipak (ASUK) All factions, wings and front organisations related to these organisations were declared "unlawful associations", the notification issued by the MHA stated on Monday. The decision to ban Meitei extremist organisations was taken to curb their “secessionist, subversive, terrorist and violent activities", the notification read.

By Tom Polansek

electronic bank realisation certificate for self-certification by exporters to promote ease of doing business for traders. An electronic Bank Realisation Certificate (eBRC) is an important document for exporters and is issued by a bank as a confirmation that the exporter has received the payment from a foreign buyer against the export of goods or services. This certificate validates repatriation of export proceeds to the country and ensure compliance with provisions of foreign exchange rules.

Also Read: China's spending on green energy is causing a global glut The Wall Street brokerage expects India's real economic growth to be 6.5% in 2023 and 6.3% in 2024 - the highest among large economies in the region, but slightly below the Indian central bank's target of 6.5% for fiscal 2024. The benchmark Nifty 50 jumped about 31% between March 2021 and October 2023, a period during which domestic investors remained net buyers each month, helping tide over sustained sales by foreign investors.

RBI) estimates growth at 6.5% for FY24. Morgan Stanley expects headline inflation to moderate to 4.9% in FY2025 from 5.4% in FY2024. "On the external balance sheet side, we expect the current account deficit to remain in a range of 1.5-1.7% of GDP in F2025-26, steady terms of trade, and strength in net service exports," it said.

student visa season, the US Embassy and Consulates in India granted a record-high number of student visas. In India, consular staff granted 95,269 visas in the F, M, and J categories.

By Paul Carsten

By Ankika Biswas

By Trevor Hunnicutt

Narendra Modi on Monday slammed the Congress in the poll-bound state of Chattisgarh and alleged that if anyone is poor in the country then the only culprit is the Congress. He further said that a countdown has started for the exit of the Congress government in the state.

Congress on Monday accused the Modi government and the BJP of crushing the dreams and aspirations of India's youth. Congress president Mallikarjun Kharge, while referring to a recent incident in Telangana where a young woman climbed up an electricity pole and tried to convey something to Prime Minister Narendra Modi at a rally, said «Young India is fed up with Modi Government's rank betrayal». Prime Minister Modi had to interrupt his speech at the rally last week after he noticed the young woman climbing a structure on which lights were fixed.

stock options trading in India this year has got the country's retail traders excited and regulators worried about the risks such speculative fervour could spawn. The boom in derivatives trading in the country's historically conservative markets, where some products such as stock futures are still too expensive, has come after stock exchanges changed some options contracts to facilitate quicker and cheaper bets and as online retail trading platforms mushroomed. Data from exchanges, which are big winners of this surge in demand, shows the daily average value of assets underlying these stock options more than doubled between March and October to $4.2 trillion.

recession, but getting inflation back to normal levels may take several years, according to the International Monetary Fund. The growth outlook in Asia looks sour as China struggles to lure foreign investment, Hong Kong growth lags behind and Indonesian exports deteriorate. In the US, inflation expectations continued to climb as consumers anticipated higher gas prices. Separate data from the Census Bureau show how inflation is still inflicting significant financial stress for many Americans. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: Europe Europe’s economy is unlikely to crash — even as a more-than yearlong bout of interest-rate increases tames inflation, according to the IMF.

Major port operator DP World has gradually restarted operations after shutting down terminals across the country since Friday due to a hack on its systems.

₹44 crore, according to media reports. Theatres look for Diwali sparkle in post-covid bounceback Helmed by Maneesh Sharma, Tiger 3 turned out to be Salman's biggest opener, beating Ali Abbas Zafar's Bharat in 2019 ( ₹42.30 crore) and Sooraj Barjatya's Prem Ratan Dhan Payo in 2015 ( ₹40.35 crore), which also released on Diwali. Salman Khan starrer film to have bumper collection of ₹40 crore on Diwali Similarly, Tiger 3 has also been a four-leaf clover Katrina Kaif.