Early results from the 2024 US election show former President Donald Trump, the Republican candidate, gaining an initial lead over Democratic candidate and current Vice President Kamala Harris. So far, Trump has collected 168 votes, while Kamala Harris bagged 81 votes, reported AFP. A candidate must secure at least 270 of the 538 votes (Electoral…
The Indian stock market is seeing increased foreign capital outflows as the ‘sell India, buy China’ strategy gains momentum. China’s latest stimulus package, unveiled in September and October, includes reductions in reserve requirements, mortgage rate cuts, and liquidity injections. It is aimed at boosting overall economic growth and has drawn substantial investor interest due to…
The onset of the festive season didn’t bring the cheer India’s stock market investors had hoped for. They turned poorer by ₹11 trillion on record foreign investor outflows amid a sharp bounce back in Chinese stocks following recent fiscal and monetary stimulus measures, escalating tensions in West Asia, and expensive share valuations. These factors coincided…