Oil prices bounce back from 3-week lows, but economic headwinds loom
OPEC+, a grouping of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively plan to increase production from Saturday, adding about 1.5 million barrels per day to global supply.
RIL stock on a smooth runway to new high, but headwinds can emerge
Some analysts still see a few hurdles on an otherwise clear runaway.
Don’t let global headwinds blind you to the huge Asia opportunity
Despite tough global backdrop, co. across much of emerging Asia are confide...
‘Capital Goods and Durables firms facing headwinds’
The brokerage has maintained buy on Voltas, L&T and Container Corporation but trimmed target price on these stocks.
5G smartphones to capture 50% of global market by 2023: IDC
"While many of the top vendors have reduced their 2020 production plans to align with the market decline, we've seen most of the cuts focused on their 4G portfolios," said Ryan Reith, programme vice president with IDC's 'Worldwide Mobile Device Trackers'.
Gold prices a headwind for consumer, but demand to stay firm: PR Somasundaram
World Gold Council’s India MD says a lot of factors are favouring gold price rally, it is not just this news about coronavirus.
Basmati paddy prices steady despite headwinds in global trade
The raw material prices are expected to be steady for the harvesting season ahead due to better quality of the crop and hope that the export will pickup in later part of current financial year.
Opec’s output cut to have muted impact
A $10 increase in global crude oil prices shaves off India's GDP by up to 30 bps.
Shares stabilise, try to shrug off US tech rout scare
Globally traded U.S. S&P500 futures erased their Monday losses to trade 0.5% higher. Tech shares remained more fragile, however, with Nasdaq futures dipping 0.1% after having lost more than 6% late last week.
What else could go wrong for world economy before 2020 is done
The concerns are multiple. The coming northern winter may trigger another wave of the virus as the wait for a vaccine continues. Government support for furloughed workers and bank moratoriums on loan repayments are set to expire. Strains between the U.S. and China could get worse in the run-up to November’s presidential election, and undermine business confidence.
Rural push gets you only so far, to get ahead urban India has to rev up: Krishna Kumar Karwa
‘Positive GDP number likely in Q4. The second and third quarters will continue to show negative GDP numbers.’
Sensex erases 250-point loss, ends flat; Covid-19 cases, weak global cues weigh
Among blue chips, Asian Paints was the biggest Nifty gainer, up over 4 per cent, followed by 1-4 per cent gains in Bajaj Finance, Bajaj Finserv, IndusInd Bank and Maruti Suzuki.
Tata Motors eyes near ‘zero debt’ in three years: N Chandrasekaran
The Mumbai-based company carries net automotive debt of about Rs 61,900 crore as on June 30, 2020.
Equity returns rise, but no ‘V’ recovery
Morgan Stanley is overweight on consumer discretionary, industrials and financials.
Headwinds strong but reforms will continue: FM Nirmala Sitharaman
Sitharaman also justified Prime Minister Narendra Modi's remarks in a viral video, where he is seen taking a dig at those indulging in superstition.