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Domestic markets slumped nearly 1% in a topsy-turvy trading session on Friday amid escalating tensions in West Asia and consistent FII outflows. Stocks that were in focus include names like M&M Financial, which fell 6.5%, Angel One, which declined 4.4%, and Vedanta, whose shares were down 0.49% on Friday.

interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the Reserve Bank of India’s stance to neutral on Wednesday. They are also closely watching for any dovish signals in the authority’s commentary. “We are definitely expecting a softer language from the RBI even as the possibility of a stance change remains evenly balanced,” said Pankaj Pathak, a fixed-income manager at Quantum Asset Management Co. “That can be the trigger for a down move in yields.”

Subscribe to enjoy similar stories. The Nifty may be poised for a rebound after falling nearly 5% over the last four sessions, with a key indicator showing the selling frenzy has taken the index to oversold territory. The put-call ratio (PCR), which shows how many Nifty put options relative to call options (monthly as well as weekly series) are outstanding or open, has broken a one-year low of 0.7 to hit 0.69 on Friday, as per data analytics firm IndiaCharts.

Subscribe to enjoy similar stories. New Delhi: India has the potential to sustain high economic growth in the coming years and become a developed economy by 2047 if it introduces new regulatory, legal, infrastructural and educational reforms, economist John Lipsky told Mint. Lipsky, a senior fellow at the Foreign Policy Institute of the Johns Hopkins University School of Advanced International Studies (SAIS) said the reforms initiated by India in the past few years have helped it remain the fastest growing among the G20 economies.

GTRI has suggested. It also said that to reduce industrial strikes, India must prioritize protecting workers' rights while maintaining industrial stability and there is an urgent need to take steps to help address labour disputes before they escalate into strikes. «Industrial strikes have led to factory closures and job losses in India for decades,» GTRI founder Ajay Srivastava said, adding that the strike by over 1,000 workers at Samsung's Sriperumbudur factory in Tamil Nadu since September 9 is not an isolated event. He suggested seven steps that includes enforcement of labour laws, setting up mediation systems, union-management dialogue, legal framework for labour compliance, collaboration between centre and states on the subject, and intelligence to detect disruptions.

Subscribe to enjoy similar stories. New Delhi: India will become a developed economy over the next 25 years if it sticks with the reforms pledged by policymakers, but the country has to move fast in building global supply chains before it is too late, economist Jagdish Bhagwati said in an interview.

Christopher DeVocht, a carpenter from Vancouver Island, says he started out like a lot of day traders. After work, he’d read about trading on forums. His favourite things to trade were options on Tesla Inc. stock.

By Paul Deegan and Kevin Lynch

U.S. job gains increased in September by the most in six months, and the unemployment rate fell to 4.1%, the report showed.

Aswath Damodaran, Professor, Stern School of Business, NYU, says AI is set to be a key frontier for emerging companies. If this sector grows significantly, it raises the question of whether the top five companies will remain US-based. It would be encouraging to see at least one Indian company among these leaders. Damodaran thinks Europe may struggle to produce a major player. Indian firms have a unique opportunity now, especially since China has restricted its major tech players like Tencent, JD, and Alibaba, limiting their potential to invest in AI. This creates a chance for India to capitalize on the situation, but it will require significant effort. If a prominent Indian tech company appears among the top ten global firms by market capitalization in the next decade, it would be an exciting development.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

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The prime ministers of Malaysia and Pakistan have agreed to increase bilateral trade and boost economic ties after talks in Islamabad

Indonesia with their consultations at the World Trade Organization (WTO) remaining inconclusive on Jakarta's proposal to extend safeguard duties on import of ceramic tile products. Indonesia plans to extend the duties by two years till November 2026, a move that may further hurt India's exports of the product to the island nation. The safeguard duties were first imposed in 2018 and India's exports of ceramic products to Indonesia have declined 65% between FY20 and FY24. «The result of the consultations was inconclusive. India reserves its right to request compensation as per the WTO Agreement on Safeguards,» said an official. Safeguard duties are custom tariffs that can be imposed temporarily by a WTO member to protect a specific domestic industry from an increase in imports of any product which is causing or threatening to cause harm to the industry.

Slatestone Wealth chief market strategist Kenny Polcari reacts to Bidens acting labor secretarys commentary on the jobs report and future Fed rate cuts.

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In its Ratings Round-Up for August and September, Square Mile analysts argued that the KPC vehicle «has faced ongoing underperformance relative to its benchmark, and its net asset value has sat at a persistent discount to its share price, which has continued even as global equity markets have recovered». According to data from the Association of Investment Companies, the trust is currently trading at a 6.5% discount to net asset value. BlackRock Continental European Income fund retains Square Mile rating despite manager departure The board has spent the last year looking at a range...