The National Stock Exchange building in Mumbai, India. Reuters
Despite several challenges including the NBFCs-triggered liquidity crisis as well as global trade tensions and high crude oil prices, the Indian equities market emerged as one of the best performers globally in 2018-19. “The Indian indices − S&P BSE Sensex and NSE Nifty50 − both have outperformed major world indices in 2018-19,” HDFC Securities’ Retail Research Head Deepak Jasani told IANS.
Positive global cues owing to an easing of US-China trade tension pushed the Sensex and Nifty nearly 0.50 per cent higher on Friday led by gains in metals and IT index. The BSE Sensex closed 177.51 points or 0.46 per cent higher at 38,862.23 points while the Nifty finished 67.95 points or 0.59 per cent up. “Nifty ended on a positive note with broad-based gains post two days of consolidation
Playing in his debut match, Mumbai Indians’ West Indies’ quick Alzarri Joseph registered the best-ever IPL bowling figures of 6/12 off 3.4 overs to fire Mumbai Indians to a 40-run win over Sunrisers Hyderabad in a match of modest scores at the Rajiv Gandhi International Stadium in Hyderabad on Saturday.
In a format like the Indian Premier League, momentum plays an important role. While a team on a roll can make the impossible look regular, teams which haven’t managed to hit the right note can snatch defeat from the jaws of victory.
Japanese businesses with links to Britain say they have no immediate plans to flee the country as its government seeks to hammer out terms of its exit from the European Union, a Reuters poll found. Many said they would take a «wait-and-see» stance toward Brexit.
Real estate sector in Dubai has always been a key source of remarkably contributing to the economy. Property developers and real estate agents are behind the success of the emirate’s booming property market, making all out efforts to supply units to meet the growing demand in the wake of high influx of expats.
The new North American free trade pact would modestly boost the US economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the US International Trade Commission showed.
The Sharjah FDI Office (Invest in Sharjah), the entity responsible for intensifying Sharjah Government’s efforts to promote the emirate’s business and investment opportunities in key international markets, in collaboration with the Chinese Business Council,