Risk appetite was strong after global shares ended 2023 with their biggest annual rise in four years, driven by the prospect that major central banks globally could begin easing rates this year in a major boost for consumers and businesses shackled by high borrowing costs. MSCI’s broadest index of Asia-Pacific shares outside Japan eased…
Singapore: Asian shares started the first trading day of the New Year on a steady footing on Tuesday, as investors returning after a holiday lull looked ahead to fresh trading catalysts from key economic releases later in the week. Risk appetite was strong after global shares ended 2023 with their biggest annual rise in…
While the underlying operability of these deposits is the same as regular deposits, there is a difference in the objective with which these deposits are raised by financial institutions from customers. Herein, the proceeds from the deposits are to be deployed for some of the eco-friendly projects. So, in essence, customers are offered a unique…
The wait of the youth preparing for Uttar Pradesh Civil Service Examination is over. The application process for PCS exam (UPPSC PCS 2024) has been started by UP Public Service Commission. Those who want to apply for this examination should apply as soon as possible. Let us tell you that this year the seats of…
Government bond yields are expected to remain stable in the second trading session of the New Year, as traders anticipate the first state debt sale of the quarter, introducing major supply to the market. The 10-year benchmark bond yield is projected to fluctuate within the 7.17 per cent-7.21 per cent range on Tuesday, following…
Australian automotive company Eagers Automotive on Tuesday confirmed the investigation of a cyber incident that involved unauthorised access to parts of the company’s IT systems but has not revealed who all have been affected by the data breach. “Based on investigations to date, the company is in the process of notifying a small number…
Mumbai: The Maharashtra government has requested police to ensure uninterrupted supply of petrol, diesel and LPG cylinders in the market amid the protest by truckers against a provision in the new penal law regarding hit-and-run road accident cases involving motorists. Under the Bharatiya Nyay Sanhita (BNS), which replaced the colonial era Indian Penal Code,…
The Rupee is expected to experience a slight decline on Tuesday, influenced by losses in Asian counterparts and the prospect of subdued portfolio inflows. Non-deliverable forwards suggest a marginal opening lower against the US dollar, compared to the previous close of 83.2375 on Monday. The dollar index edged higher, while Asian currencies, particularly the…
SJVN Ltd. will be in focus on Tuesday as the state-run hydro power company received approval from the Department of Investment & Public Asset Management (DIPAM), Ministry of Finance and the Government of India for its proposal to form four Joint Venture (JV) companies in India & Nepal, it said in an exchange filing. …
Sigapore: Oil prices jumped 1 per cent on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic stimulus boosted the demand outlook in the world’s top crude importer. Brent crude rose $1.03, or 1.3 per cent, to $78.07…