How Will Assembly Polls Impact Markets?

‘The outcome of the state polls may lead to some strategy-related permutations and combinations and the markets may extrapolate it to the likely outcome in the general elections.’ The assembly elections across five states — Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana and Mizoram — that begin on November 7 and are […]

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$653 Mln To Improve 41 US Ports To Strengthen Supply Chains

41 U.S. ports will be improved under the Port Infrastructure Development Program (PIDP) to strengthen the nation’s supply chains. The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $653 million funding to help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant […]

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Asian Shares Rally After Fed Meeting

Asian stocks posted strong gains on Thursday, while the dollar weakened and bond yields eased after comments from Fed Chair Jerome Powell suggested that the U.S. central bank is hitting pause again on its rate-hiking campaign. After leaving interest rates unchanged at a two-decade high for the second straight policy […]

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Asian Shares Follow Wall Street Higher

Asian stocks rose sharply on Thursday as a hawkish interest-rate hold by the Federal Reserve fueled hopes that the U.S. central bank is done with rate hikes. The Fed acknowledged the U.S. economy‘s surprising strength, but also nodded to the tighter financial conditions faced by businesses and households – alleviating […]

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