market

Crude oil futures trade lower as China stimulus measure fails to boost market 

At 9.57 am on Tuesday, January Brent oil futures were at $71.77, down by 0.08 per cent, and December crude oil futures on WTI (West Texas Intermediate) were at $67.97, down by 0.10 per cent




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Weak global cues, strong dollar drag markets lower

Sensex sheds 820 points, Nifty down 257 points




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Stock Market Live Updates 13 November 2024: Gift Nifty signals gap-down opening as market faces earnings and inflation pressures

Sensex, Nifty, Share Prices LIVE: Gift Nifty indicates a likely 100-point gap-down opening for Nifty at 23,870 on Wednesday as global markets remain weak. Analysts cite concerns over an earnings slowdown and persistently high inflation; Jefferies India downgraded full-year earnings for 63% of the 121 large companies it covers due to economic slowing. India’s retail inflation surged to a 14-month high of 6.21% in October, with steep rises in food and metal prices potentially influencing the RBI’s December policy stance. A continued hold on rates seems likely, but analysts at AngelOne note a shallower rate-cut cycle ahead for India, mirroring the US trend. Options data signals resistance around 24,500 due to heavy call writing and support near 23,500, with a bearish put-call ratio drop to 0.52. India VIX rose to 14.60 (+2.40%), suggesting caution; however, lower volatility generally supports bullish sentiment, according to SAMCO’s Dhupesh Dhameja.




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Swiggy’s stock market debut: Will it deliver listing gains?

With large IPOs like LIC and Hyundai India faltering, Swiggy’s listing today is expected to be muted, as analysts remain cautious amid subdued retail demand and challenging market conditions




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BYD Atto 3 unveiled in Indian market




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Investors lose Rs 7.15 lakh cr as markets slump

Investors' wealth eroded by a whopping Rs 7.15 lakh crore during the morning trade on Friday as equity markets tumbled, driven by sharp fall in IndusInd Bank shares and unabated foreign fund outflows.




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Investors poorer by Rs 5.29 lakh cr as markets slump

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points.




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Losses in blue-chip stocks drag markets down

Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank and State Bank of India. Benchmark BSE Sensex declined by 55.47 points or 0.07 per cent to settle at 79,486.32. During the day, it tanked 424.42 points or 0.53 per cent to 79,117.37.




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Factors that will guide the markets this week

A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.




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Are The Markets Headed For A Bubble?

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'




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'In Equity Markets, One Has To Be...'

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'




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China tops MSCI Emerging Market IMI index

China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. At the end of October, China's weight in the key EM gauge stood at 24.72 per cent, up from 21.58 per cent at the end of August. India's weight during this period has slipped to 20.42 per cent from 22.27 per cent.




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Markets slump 1%; Sensex tumbled 821 points

From the 30-share Sensex pack, NTPC, Asian Paints, HDFC Bank, State Bank of India, Tata Motors, JSW Steel, Maruti and Power Grid were among the major laggards. On the other hand, Sun Pharma, Infosys and ICICI Bank were the gainers.




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Investors poorer by Rs 5.29 lakh cr as markets slump

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.




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Onam: Handmade pappadams have many takers in spite of machine-made options flooding the market in Thiruvananthapuram

Pappadams are a must for the grand Onam feast and units selling handmade pappadams in Thiruvananthapuram have a steady clientele



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World Environment Day: Biodegradable tableware manufactured from agricultural waste is making inroads into the market

On this World Environment Day, a look at the boom in biodegradable cutlery and crockery made from agricultural residue



  • Life & Style

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'In Equity Markets, One Has To Be...'

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'








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Essential Skills for a Fast-Changing Job Market

As job market improves substantially along with technological advancements, it becomes essential to keep up the pace with ever-changing economy.




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Work@home Opportunity for freshers - Digital Marketing Profile

Company: TFG Digital India
Experience: 0 to 5
Salary: 3.50 to 6.50
location: Chennai, Hyderabad / Secunderabad
Ref: 24828860
Summary: Online Digital services Part time work from home.




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PRODUCT MARKETING & SALES.

Company: Narayan Oil And Gas Burns Co
Qualification: Bachelor of Arts (B.A), Bachelor of Business Administration (B.B.A), Bachelor Of Computer Application (B.C.A), Bachelor of Commerce (B.Com), Bachelor Of Technology (B.Tech/B.E), Master OF Business Administration (M.B.A), Master of Commerce (M.Com), Masters in Technology....




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Marketing & Sales Engineer- Jalandhar (Mech.Engineer,3 yrs exp in B2B/Tender/ Sales,Valves,Pumps)

Company: P & I Management Consultants
Experience: 3 to 6
location: India
Ref: 24341096
Summary: Job Description: Marketing & Sales Engineer, should be B.Tech or Diploma (Mechanical) with 3-6 years experience in Handling of Customers’ inquiry/demand for industrial Valves, Government Purchase order,M.O. Amendment, Customers....




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Dy/Assistant Manager Marketing – Bangaluru/Chennai (OEM Sales,4 yrs exp in Welding Wires,Engg,Tools)

Company: P & I Management Consultants
Experience: 3 to 4
location: India
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Summary: Job Description: JD for Dy/Assistant Manager OEM/Industrial Marketing-Bangalore/Chennai a. Persons should belongs to Chennai or Bangalore as he has to develop business of Welding Wires in Tamil Nadu & Karnataka. b.Experience of 3-4....




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Dy/Assistant Manager Marketing – Ahmedabad(OEM Sales,3 yrs exp in Welding Wires,PowerTools/Gas/O2)

Company: P & I Management Consultants
Experience: 3 to 4
location: India
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Summary: Job Description: Job Description 1st Persons a. Persons should belongs to Ahmedabad or nearby areas as job location is Ahmedabad. Local Preferred. b. Should have Experience of 3 to 4 years of Welding Wires,Industrial Gas,O2,LPG,....




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SE/Assistant Manager Marketing – Pune (3 yrs exp in Marketing Welding Wires,PowerTools/Gas/Lubes)

Company: P & I Management Consultants
Experience: 3 to 4
location: India
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Summary: Job Description: Assistant Manager/Sales Engineer-Pune a. Persons should belongs to Pune as he has to develop business in Maharashtra areas. b.Experience of 3-4 years of Welding Industry, Power tools,Gas & welding consumables or....




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International Marketing Executive-Ludhiana (Fluency in English,Bicycles/Auto Parts/Food & Beverages)

Company: P & I Management Consultants
Experience: 2 to 3
location: India, Ludhiana
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Summary: Job Description: Job Description Job Profile: B.E /B.Tech/ MBA with 2 to 3 years of experience. Be a Techno-Commercial Candidate, having good command over English/ French, Good Personality, Good Communication....




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Dy/Assistant Manager Marketing – Bhopal (OEM/Dealer Sales, 4 yrs exp, Welding Wires, PowerTools, CO2 )

Company: P & I Management Consultants
Experience: 3 to 4
location: India
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Summary: Job Description: JD for Dy/Assistant Manager-Bhopal a. Persons should belongs to MP (preferably Bhopal). As persons has to develop MP and Chhattisgarh customers. b. Should have Experience of 3 to 4 years of Welding Industry,....




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Currency markets send warning on US economy

Concerns over the dollar weakness are magnified by the decision to impose across the board tariffs on steel and aluminium




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3,453 days and $18tn later, a bull market record

From battered banks to tech titans, the historic milestone in seven charts




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Markets Next Week: Expect More Volatility

Benchmark indices ended the week lower, with a near 6.3 per cent fall on the Nifty. The drop came largely on the back of a severe fall at the start of the week, after which the markets could not recoup those




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Markets Next Week: Expect More Volatility

Benchmark indices ended the week lower, with a near 6.3 per cent fall on the Nifty. The drop came largely on the back of a severe fall at the start of the week, after which the markets could not recoup those






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Sprouts Farmers Markets in Aurora and Englewood, CO, earn regional award for making significant progress in reducing food waste in America

DENVER (April 23, 2020)) - Today, the U.S. Environmental Protection Agency (EPA) recognized Sprouts Farmers Market Store #305 in Aurora, CO and Sprouts Farmers Market Store #325 in Englewood, CO, with 2019 Food Recovery Challenge Regional Awards.




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John Lennon’s former Florida estate on market for eye-popping $47.5M

The former Palm Beach, Fla., home of John Lennon and Yoko Ono is for sale at $47.5 million.




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Morrisons recalls Market Street Living Herbs because of possible contamination with Listeria monocytogenes

Morrisons has taken the precautionary step of recalling Market Street Living Herbs because the products might contain Listeria monocytogenes.




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News24.com | Covid-19: Big profits for the cigarette 'black market' in KZN

The ban on cigarette and alcohol sales during the lockdown has created an underground market of rampant deals all over Pietermaritzburg.




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China Looks Serious About 'Decisive' Market Reforms

20 November 2013

Dr Tim Summers

Senior Consulting Fellow, Asia-Pacific Programme (based in Hong Kong)

2131120Third Plenum.jpg

Farmers harvest in the village of Gangzhong in China's eastern Zhejiang province, 19 November 2013, days after China's ruling party unveiled a list of sweeping changes including reforms to the land ownership system, loosening controls over state-owned enterprises, relaxing the controversial one-child policy, and eventually shuttering forced labour camps. Photo by Peter Parks/AFP/Getty Images.

China’s leaders set out their intention to push forward with policy reform following the Third Plenum. The full decision released on 15 November makes clear the aim to loosen constraints on the market, and suggests a dilution of state-owned enterprise influence. A new national security committee could also lead to greater policy integration between domestic security and international affairs.

The Third Plenum of the Chinese Communist Party’s 18th Central Committee took place in Beijing from 9−12 November. Initial reactions based on the communiqué released on the last day of the meeting were mixed. However, on 15 November the authorities published the detailed decision approved by the plenum, and an explanation given to the plenum by Party General Secretary Xi Jinping – in which he acknowledged major problems facing China.

These documents make the implications of the plenum much clearer. In sum, it offers a clear political signal that as China’s fifth-generation Party leadership enters its second year, it is intent on taking forward a ‘comprehensive deepening of reform’ across a wide range of issues. As an indication of the importance of this, a new high-level ‘leading small group’ will be established to coordinate and oversee this process. The decision spells out various new measures, and reiterates many which are already part of the government’s agenda.

More market in the economy

The most important material is on the economy, where the decision makes clear that the leadership envisages a ‘decisive’ role for market forces, and the establishment of ‘fair and equal’ competition in the economy. This will provide a guiding principle for policy-making over the coming years.

One of the ways of achieving this is to reorganize the functions of government. Here the decision reiterates the themes which the government has been working on since Premier Li Keqiang took over in March this year, namely reducing or removing the need for government approvals to businesses, freeing up the investment environment, and allowing businesses and the market to take the lead unless there is a strong reason for government intervention. Better governance is a wider theme of the decision, covering the judicial system and reforms to the party’s disciplinary organs which would clarify leadership and accountability in anti-corruption investigations.

SOE reform

A possible impediment to market reforms is the power of China’s state-owned enterprises (SOEs), and the original communiqué gave the impression that nothing much would be done about SOEs. However, the ability of these so-called ‘vested interests’ to stymie market reforms has been weakened by the targeting of a number of senior SOE-related cadres in the party’s latest anti-corruption campaign, which began at the end of 2012.

Further, the detailed decision suggests further reforms are in the offing. Although the relevant section of the document begins by restating the leading role for state ownership, a series of subsequent policy aims could serve to dilute it, such as ensuring equality in property rights protection and competition; developing mixed (state and non-state) ownership through cross-shareholding and bringing private capital into state-led projects; shifting from managing SOEs to managing state investments in enterprises; better supervision of SOEs which operate in natural monopolies; and removing administrative monopolies.

International affairs

The decision talks about further opening of China’s economy, but the vast majority of the issues covered in the decision are domestic in nature, and announcements such as a further relaxation of birth control policies have attracted most attention. Even the points on military and defense issues relate more to internal management than external capacity.

There was, however, one announcement which could have important implications for China’s foreign policy, which will be watched carefully outside China, the establishment of a ‘national security committee’. Xi said that this was being set up in response to external pressures to protect national sovereignty, security and development. He also cited internal pressures to maintain political security and social stability. It is too early to judge what the exact remit of this body will be, but it could lead to greater policy coordination and integration between domestic security issues and international affairs, at a time when China is playing a more important role across the international spectrum.

To comment on this article, please contact Chatham House Feedback




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In the Market for a New Shopping Cart




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Pakistanis crowd markets as virus lockdown eased

Pakistanis crowded markets on Saturday after a nationwide coronavirus lockdown was eased, despite the country declaring its second highest daily infection toll. Prime Minister Imran Khan has allowed businesses to reopen in phases from the weekend, citing the economic havoc the virus restrictions have wreaked on the improvised nation. In the garrison city of Rawalpindi, thousands of shoppers were preparing for Eid, which follows the Muslim fasting month of Ramadan, with many flouting social distancing rules and advice to wear masks.





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Immigrant Legalization: Assessing Labor Market Effects

Public Policy Institute of California researchers Magnus Lofstrom and Laura Hill discuss their research examining the potential labor market outcomes and other possible economic effects of a legalization program.




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Immigrant Legalization: Assessing Labor Market Effects

Public Policy Institute of California researchers Magnus Lofstrom and Laura Hill discuss their research examining the potential labor market outcomes and other possible economic effects of a legalization program. The discussion was moderated by Doris Meissner, MPI Senior Fellow and Director of the U.S. Immigration Policy Program, with comments from MPI Senior Policy Analyst Randy Capps and Sherrie A. Kossoudji, Associate Professor, School of Social Work, and Adjunct Professor, Department of Economics, University of Michigan.




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Immigrants in a Changing Labor Market: Responding to Economic Needs

This volume, which brings together research by leading economists and labor market specialists, examines the role immigrants play in the U.S. workforce, how they fare in good and bad economic times, and the effects they have on native-born workers and the labor sectors in which they are engaged. The book traces the powerful economic forces at play in today’s globalized world and includes policy prescriptions for making the American immigration system more responsive to labor market needs.




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Investing Wisely in the Future: How the U.S. Immigration System Can Better Meet U.S. Labor Market Needs

With the prospects for immigration reform greater than they have been in more than a decade and the U.S. economy slowly shrugging off the effects of the recession, the United States may be on the cusp of historic changes that make the immigration system a more effective tool for innovation, economic growth and the competitiveness of its firms—large and small. 




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Investing Wisely in the Future: How the U.S. Immigration System Can Better Meet U.S. Labor Market Needs

The release of MPI's book Immigrants in a Changing Labor Market and discussion with Jason Furman, Assistant to the President for Economic Policy and Principal Deputy Director of the National Economic Council; Harry Holzer, Georgetown University Professor of Public Policy; and MPI's Demetrios G. Papademetriou, Madeleine Sumption, and Michael Fix.




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A Precarious Position: The Labor Market Integration of New Immigrants in Spain

This report assesses how new immigrants to Spain fare in the country's labor market, evaluating the conditions under which they are able to find employment, and their progress out of unskilled work into middle-skilled jobs. The report is part of a series of six case studies on labor market outcomes among immigrants to European Union countries.




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Catching Up: The Labor Market Outcomes of New Immigrants in Sweden

Many of Sweden's immigrants are refugees who lack the skills and education to gain employment soon after they arrive. Over time, however, newcomers to Sweden have improved their employment rates, displayed income growth similar to natives, and moved from low- to middle-skilled positions. This report assesses how new immigrants—refugees, labor migrants, and others—fare in Sweden's labor market.