While the 3 day Jackson Hole symposium will start on 25th August and conclude on 27th August, the big item on the agenda will be the speech by Jerome Powell. His speech is slated to be delivered on the last day of the 3-day gathering. Jackson Hole is

The global energy market is in a state of flux. Europe is gradually getting engulfed in one of its worst energy crisis in recent times. In addition, Saudi Arabia has cautioned that the OPEC may cut supplies in its latest meeting to align the demand a

Some interesting aspects of the changing face of the Indian bond market came out during a speech delivered by the RBI deputy governor, Rabi Sankar. He was addressing the Bombay Chamber of Commerce & Industry. A key point made by Ray at the event

Even as the government chases a rather modest disinvestment target of Rs65,000 crore for the fiscal year FY23, there are plans afoot to sell its stake in IDBI Bank. It may be recollected that the government had planned to showcase IDBI Bank as a case

After a gap of almost 15 months, the RBI finally lifted the ban on American Express on the issue of fresh cards and onboarding of fresh customers. Amex has been under a ban since May 2021 for violation of data storage norms laid out by the government

It is said that if you laid all the economists from one end of the world to the other, they would still not reach a conclusion. This was in a lighter vein to underline how economists generally talk in terms of assumptions and ceteris paribus conditio

Corporatization of Indian media was already happening at a rapid pace. It started 25 years back with Uday Kotak buying out Business Standard but has gathered pace in recent times as media companies struggle for funds. TV18 was taken over by Reliance.

Nifty once again opened with a gap down and recovered for the second successive day from the day's low on Wednesday. It tested the previous day's high and decisively closed above the 13EMA. A day before, the rollovers improved to 56.45. Like the

Shares of this media company have increased by 237 year to date and locked in the upper circuit on August 24. Billionaire Gautam Adani made a hostile takeover attempt for NDTV on Tuesday, first by indirectly acquiring a 29.18 share in the broadc

The surge in the share price of RBL Bank has been triggered by the approval of the fundraising plan by its Board. As the private banker announced on August 22 that its Board of Directors has approved fundraising of up to Rs 3,000 crore through the

Bandhan Bank, KSB, and ABB India have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in terms

Even so, near-term weakness in domestic steel prices cannot be ruled out absent a material improvement in global demand. China, the world's largest consumer of metals, has seen its demand shaken by policy-induced lockdowns and real estate slowdown