Germany’s ZEW investor confidence index rose sharply in October as financial market experts expectations improved on hopes of further easing in inflation and stability in interest rates, while the current assessment indicator set a new three-year low signaling that the biggest euro area economy is in recession. The economic sentiment […]

The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India’s largest flight schools, across all five of its training bases in the country. This action was taken after five accidents involving the institute’s planes in the past six months. The DGCA […]

India’s inclusion in JP Morgan’s bond index can channel billions of dollars into India. How will the government securities market handle it? On September 20, 2013, Raghuram Rajan, the Reserve Bank of India Governor at the time, was in a conference call with the media. The Central Bank had announced […]

Asian stocks fell in cautious trading on Monday amid fears that the Israel-Hamas war could spark a wider conflict in the oil-rich region. Israeli Prime Minister Benjamin Netanyahu’s office today denied reports of a ceasefire in Gaza that would enable aid to enter and foreigners to flee to Egypt, 10 […]

European stocks are likely to open on a positive note Monday despite escalating Israel-Gaza tensions and reports suggesting that the U.S. is considering tightening curbs to restrict China’s access to advanced semiconductors and chipmaking gear. Israeli Prime Minister Benjamin Netanyahu on Sunday vowed to “demolish Hamas” as his military got […]

Reflecting the mostly negative cues from global markets on Friday, Asian stock markets are trading in the red on Monday, as traders remain cautious on renewed concerns about the outlook for interest rates after US data showed hotter-than-expected consumer price inflation and a slump in consumer sentiment. They also kept […]

President Joe Biden has sought urgent budget funding for Israel and Ukraine to strengthen their security needs. “I’m going to send to Congress an urgent budget request to fund America’s national security needs, to support our critical partners, including Israel and Ukraine,” Biden said in an address to the nation […]

Polaris Industries Inc. is recalling certain Model Year 2023 and 2024 recreational off-road vehicles or ROVs, according to the U.S. Consumer Product Safety Commission. The recall involves Model Year 2023 RZR PRO XP and PRO XP 4 and Model Year 2024 RZR XP and XP 4 vehicles. About 2,500 units […]

Shortages in skilled tradespeople, such as plumbers, carpenters, and electricians, are set to cost the UK £12bn a year in missed economic growth by 2030, according to research. The UK is currently facing a shortage of 166,000 tradespeople, with vacancy levels for many trades close to record highs. This shortfall […]

The Reserve Bank India’s (RBI’s) decision to ban the onboarding of new accounts on the “bob World” mobile digital platform led to a selloff in the Bank of Baroda (BoB) stock. The stock of the public sector bank dropped by around 3 per cent. The central bank cited “material supervisory […]