Economic data to watch: July 28 – August 1

In the week ahead, investors will be focusing on Wednesday’s revised reading on U.S. second quarter growth, while Friday’s non-farm payrolls report will also be in focus. Wednesday’s Fed statement will also be closely watched for any…

Markets’ 8-day gaining streak ends

Indian markets fell from their record highs on Friday, on profit booking in key financial and metal stocks. The BSE exchange's 30-share benchmark Sensex ended at 26,127, down 145 points or 0.6% from its previous close. The National Stock…

Markets continue winning streak;

Markets maintained winning streak for the eight straight session to end at record closing highs with metal shares rallying the most on the back of upbeat economic data from China. Further, the Cabinet approval for 49% foreign investment in…

Cabinet approves 49% FDI in insurance

Government today decided to increase foreign direct investment ceiling in the insurance sector from 26% to 49% but ensured the management and control of the insurance joint ventures rests with Indians. As per the FDI policy, control…