New Delhi, April 26 (IANS) A mix of global and domestic triggers, including the upcoming US Federal Reserve policy decision, ongoing earnings season, geopolitical tensions and crude oil price movements, are expected to guide the Indian stock market in the coming week after benchmark indices ended lower.Indian equity benchmarks, the Sensex and Nifty, closed in the red after two straight weeks of gains, weighed down by rising geopolitical tensions and cautious commentary from major IT firms.After …
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Chennai, March 30 (IANS) In a significant step to facilitate voter participation across state borders, the Tamil Nadu government has directed employers to grant paid leave not only on its own polling day but also for employees registered as voters in neighbouring states.Tamil Nadu goes to the polls on April 23, and the state has already declared it a public holiday. However, authorities have now clarified provisions for residents who live or work in Tamil Nadu but are enrolled as voters in Keral…
New Delhi, Feb 6 (IANS) The recently concluded India-EU free trade agreement (FTA) and the prospective India-US trade deal, along with several other trade agreements, will support exports over the medium-term, RBI Governor Sanjay Malhotra said on Friday.Services exports should remain resilient, he said during the RBI MPC meeting which kept the key policy rate unchanged.However, “the spillovers emanating from geopolitical tensions, volatility in international financial markets and shifting trad…
Washington, Feb 6 (IANS) The US Treasury is betting that stablecoins backed by government securities can strengthen the global role of the dollar, with Treasury Secretary Scott Bessent defending new legislation on digital assets before Congress.Testifying before the Senate Banking Committee, Bessent praised the GENIUS Act, which requires stablecoins to be backed by high-quality liquid assets such as US Treasuries.“This framework has the potential to expand dollar dominance, increase global dem…
Taipei, Feb 2 (IANS) Chinese military aircraft incursions near Taiwan have increased nearly 15-fold over the past five years, local media reported citing a report from the Department of China Affairs of Taiwan’s ruling party Democratic Progressive Party’s (DPP) . According to the report, sorties in the Taiwan Strait were not entering regularly previously, with 380 in 2020. The report revealed that the sorties have now started routine operations in the Taiwan Strait, leading daily Taipei Times …