Asian markets closed on a mixed note on Tuesday amidst anxiety ahead of crucial economic data. Hong Kong’s Hang Seng Index closed deep in the red ahead of PMI updates from China. Meanwhile, assurances of an accommodative monetary policy from the People’s Bank of China leadership supported sentiment in the […]

Bharti Airtel has quietly narrowed its adjusted gross revenue (AGR) market share gap with Reliance Jio, the country’s largest player in the game, in the last three years. Despite Jio’s aggressive entry into 4G and now into 5G, Airtel’s gap with Jio, which was 6.4 percentage points in Q1 of […]

Israel has resumed combat operations targeting Hamas in Gaza after seven days of truce expired without renewal. Reports say that even as Egyptian and Qatari mediators are continuing efforts to reach an agreement between the two sides to extend the truce, explosions and gunfire are taking place in the Palestinian […]

European stocks were little changed on Friday as Treasury yields edged up on uncertainty about the rate outlook. The euro strengthened and regional bond yields edged higher after Bundesbank President Joachim Nagel said the European Central Bank must resist any temptation to cut interest rates early. Nagel also said he […]

‘We’ve got a huge track record and success in bringing several biosimilars to the market.’ Biocon Biologics bought Viatris’ global biosimilars business last year to become one of the top five global players in the space. The Biocon subsidiary’s managing director and chief executive officer Shreehas Tambe talks about the […]

After moving mostly higher over the course of the previous session, stocks have moved back to the downside during trading on Tuesday. The major averages have all moved lower, with the tech-heavy Nasdaq showing a notable pullback. Currently, the major averages are off their lows of the session but still […]

High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year’s Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of ‘less than Rs 5 lakh’, mainly originating […]

From almost 60 per cent as of December 2019, the share of liquidations in the mode of closure of total Insolvency and Bankruptcy Code (IBC) cases came down to 44 per cent till September 2023, data by the Insolvency and Bankruptcy Board of India (IBBI) shows. Experts say the decreasing […]

European stocks are seen opening broadly higher Tuesday on growing expectations that U.S. interest rates may have peaked. That said, overall trading activity may be somewhat subdued due to the Thanksgiving Day holiday in the U.S. on Thursday and a shortened trading day on Friday. The dollar nursed losses while […]

Asian stocks traded mostly higher in early trade on Tuesday, with technology stocks leading the surge. The dollar nursed losses and benchmark U.S.10-year Treasury yields hovered near two-month lows hit last week, while gold edged higher amid expectations that U.S. interest rates may have peaked. Investors looked ahead to the […]