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Government News
I have shares of Coal India bought at ₹406. What is the long-term outlook? Vashista Chilkuri Coal India (₹388): The stock has been consolidating between ₹350 and ₹410 since the beginning of this year within its broader downtrend. Resistance is at ₹420. The stock has to breach this resistance to indicate a trend reversal and turn bullish again….
Reuters Russian President Vladimir Putin has called for “direct talks” with Ukraine, saying they should “start without delay, as early as 15 May”. “We seek serious talks… to remove the root causes of the conflict and start moving towards a lasting, strong peace”, he said on Saturday, in a rare televised late-night address from the…
These are the key events on day 1,171 of Russia’s war on Ukraine. Here is where things stand on Saturday, May 10: Fighting Russia and Ukraine accused one another of violating a May 8-10 ceasefire that had been unilaterally declared by Russian President Vladimir Putin to coincide with commemorative events marking the 80th anniversary of…
Gold ($3,325/ounce) was up 2.6 per cent whereas silver ($32.70/ounce) gained 2.2 per cent last week. Similarly, in the domestic market, gold futures (₹96,518/10 gm) appreciated 4.2 per cent and silver futures (₹96,729/kg) went up by 2.8 per cent. MCX-Gold (₹96,518) Gold futures (June) rebounded last week, thereby making a higher low. However, it failed…
Anne Okumu & Brian Khisa BBC News, Gaborone Lesego Chombo/Instagram Lesego Chombo’s enthusiasm for life is as infectious as her achievements are impressive: she has won the Miss Botswana 2022 and Miss World Africa 2024 crowns, is a working lawyer, has set up her own charitable foundation – and made history in November, becoming Botswana’s…
Islamabad, Pakistan – India and Pakistan fired missiles at each other’s military bases on Saturday morning, the latest escalation in their rapid drift towards an all-out war. Pakistan accused India of carrying out attacks inside its territory for the fourth consecutive night, launching ballistic missile strikes on at least three air bases. Islamabad said that…
Crude oil prices witnessed considerable recovery last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($63.90/barrel) gained 4.2 per cent. Whereas the crude oil futures on the MCX (₹5,212/barrel) was up 5.5 per cent. Brent futures ($63.90) Brent crude oil futures bounced off $58.50 last week. Thus, the contract has ricocheted twice off this…
Iraq replaces Jesus Casas as head coach with former Australia boss Graham Arnold ahead of crunch World Cup qualifiers. Former Australia manager Graham Arnold has been confirmed as the new head coach of Iraq by the country’s football federation ahead of next month’s World Cup qualifiers against South Korea and Jordan. Arnold’s appointment was announced…
EXPLAINER US is looking to fast-track investments by UAE, Saudi Arabia and Qatar, Bloomberg News said. United States President Donald Trump’s administration has reportedly discussed the possibility of expediting investments by the United Arab Emirates, Saudi Arabia and Qatar before his trip to the region next week. The early-stage talks were reported first by Bloomberg…
The dollar index has been moving up gradually over the last three weeks. The index fell initially last week but then managed to recover well in the second half of the week. The US Federal Reserve meeting outcome largely turned out to be a non-event for the currency market. The Fed left the rates unchanged…
