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Addressing Investment Week's Future of Investment Festival on Wednesday (5 June), Crerar looked ahead at what life in a country and economy led by Keir Starmer and Rachel Reeves would look and be like, if Labour was to win the General Election. For some, the election pendulum may have already reached its point of no return, as the path towards a Labour victory becomes increasingly clear. Crerar urged the Labour Party to remain cautious, insisting the Tories still believe «the Labour vote remains soft, there is no great love for Keir Starmer and plenty of ‘do not knows' up for grabs».  ...

key lending rates unchanged for an eighth straight time but with a bigger split in votes. The Reserve Bank of India also indicated it has «greater elbow room» to ensure price stability in Asia's third-largest economy, which is seeing strong growth but price pains continue to worry everyone from the aam admi (common man) to Mint Street and New Delhi bosses.

Prime Minister Narendra Modi can operate effectively in a coalition government in his third term, Chris Wood of global brokerage firm Jefferies has shaved weightage of PSU stocks in his long-only India portfolio. The weightings in ICICI Bank, State Bank of India (SBI), REC and Coal India will be reduced by one percentage point each, while an investment in PolicyBazaar will be introduced with a 4% weighting, Wood wrote in his GREED & fear newsletter.

RBI monetary policy effect: Realty stocks witnessed strong buying on Friday as the Reserve Bank of India (RBI) kept the repo rate and liquidity stance unchanged during the June 2024 monetary policy review. The repo rate, which is the rate at which the RBI lends money to commercial banks, is a key determinant of interest rates in the economy.

Reserve Bank of India (RBI) follows the US Federal Reserve System, the governor has emphasized on the central bank's independence from global influences.

The Federal Open Market Committee meets next week, when it will issue a new edition of its popular (if rarely entirely accurate) Summary of Economic Projections. This columnist and other, wiser souls already have proposed ways the Federal Reserve could improve this quarterly dot-apalooza, but let me suggest one more: It would be great if the Fed would mention the exchange rate once in a while. Managing the dollar is the most important job no one in Washington is doing these days.

RBI Monetary Policy LIVE Updates: The Reserve Bank of India (RBI) Governor Shaktikanta Das is set to announce the second bi-monthly monetary policy of the financial year 2024-25 on Friday. This RBI policy will be the first one after the Lok Sabha election results 2024. The RBI Governor headed six-member Monetary Policy Committee (MPC) is expected to keep the benchmark repo rate unchanged at 6.5% for the eight consecutive time and continue with its stance of ‘withdrawal of accommodation’.

Demand for work under the government's flagship rural job guarantee scheme fell for a seventh straight month through May, indicating stronger economic conditions at the start of the new financial year.

general election having concluded with Prime Minister Narendra Modi-led NDA winning a third term, the second biggest electoral exercise got underway on Thursday as around 450 million European Union (EU) citizens began voting to choose 720 members of the European Parliament (MEPs) from 27 countries. In partnership with leading Bulgarian news agency BTA, PTI is in Sofia to capture the scale of these elections — one of the biggest democratic exercises in the world, second only to India as it signifies as many as 27 national elections. In Bulgaria, where voting will take place on Sunday, the elections have taken on an even greater significance as the country is simultaneously voting in its early National Assembly elections to elect 240 members of Parliament.

The wealth of the world’s rich is hitting record levels again, with North America leading the way, says a report out this week.

ET Wedding Leaders Awards 2024 — North, co-powered by Ghanshyam Das Kotawala and organized by Optimal Media Solutions (a division of Times Internet Limited), took place on May 30, 2024, at Eros New Delhi.

European Central Bank cut its key interest rate Thursday by a quarter point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors. The ECB cut its benchmark rate to 3.75% from a record high of 4% at a meeting of the bank’s 26-member rate-setting council in Frankfurt.

European Central Bank cut interest rates for the first time in five years on Thursday but kept investors in the dark about its next move given increasing uncertainty over inflation after a sharp slowdown in the past year.

Also Read: From Monsoon to rate cut: 5 crucial triggers for Indian stock marketOverall, in the last three sessions, the Nifty FMCG index has gained 6.40%, with 6 out of 15 constituents, including United Spirits, Godrej Consumer Products, Colgate-Palmolive, Marico, Dabur India, and Britannia Industries, touching new 52-week highs with gains ranging between 4% and 8%. The spike in FMCG stocks was fueled by the positive forecast for monsoon rainfall, which is anticipated to strengthen rural recovery.

Jack Otter and the ‘Barron’s Roundtable’ panel discuss how there were fewer jobs added than expected in April.

With the Bharatiya Janata Party-led National Democratic Alliance winning a third consecutive term, Prime Minister Narendra Modi is all set to remain the longest-serving G20 leader after Russia’s Vladimir Putin and China’s Xi Jinping for five more years. As of 6 June 2024, Modi had served 3,664 days in office since being sworn in as India's prime minister on 26 May 2014. He is already the third-longest serving G20 leader, and will extend his record.

Warren Buffett, sat down for an interview with American public broadcaster PBS. He was asked a range of questions about his investment philosophy, state of the economy and his outlook for the country. Finally, when he was quizzed about the stock markets, Buffett condensed over 70 years of his investing wisdom into a couple of pithy sentences.

Vladimir Putin has portrayed himself as a defender of global stability, leading a powerful nation that offers a robust economic, military and cultural alternative to the West. One challenge to his vision: Russia’s population has been in decline for years, and the war in Ukraine has made matters worse. At least 150,000 Russians are dead on the battlefield, according to Western estimates.

Wall Street barreled to all-time highs as its frenzy around artificial-intelligence technology keeps sending stocks higher

Since coming to power a decade ago, Prime Minister Narendra Modi has been known for big, bold and often snap decisions

The Japanese government data shows the country's birth rate fell to a new low for the eighth straight year in 2023