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Euro zone benchmark German bond yields were on track on Friday for their biggest weekly decline since mid-April as investors focused on the long-term adverse economic impact of U.S. trade policy. Germany’s 10-year government bond yield was set for a 5-basis-point weekly drop, particularly after falling on Thursday on risks of extended policy and economic…
Gold steadied as markets absorbed news that the US trade court has blocked President Donald Trump’s global tariff agenda. Bullion was little changed, paring losses from earlier in the morning when the market reacted to the US Court of International Trade deeming many of Trump’s tariffs illegal. The dollar rallied in response to the news,…
Zomato Q4 Results: Zomato, now known as Eternal, on Thursday, May 1, posted a sharp decline of 78% year-on-year (YoY) in its January-March quarter of the financial year 2024-25 (FY25) to ₹39 crore, largely on account of the accelerated investments in its quick-commerce business Blinkit. Moreover, the slowdown in the food delivery business also has…
Expert view: Ankur Jhaveri, MD & CEO, Institutional Equities at JM Financial Institutional Securities Ltd., believes a major trade war could impact the Indian economy, but domestic consumption could restrict the overall impact. In an interview with Mint, Jhaveri shared his views on the stock market strategy, sectors he is positive about and key triggers…
Indian stock market: Growing geopolitical tensions between India and Pakistan, triggered by a terrorist attack in Kashmir, have caused investor apprehension and led to some profit-taking. As a result of the escalating tensions, market sentiment may remain cautious, according to experts. In the past five days, domestic equity benchmarks Sensex and Nifty 50 saw a…
HDFC Bank’s net interest margin (NIM) for the quarter ending March (Q4FY25) has expanded 2-3 basis points (bps) sequentially and year-on-year to 3.46% after excluding the interest income on income tax refund worth ₹700 crore. While this is praiseworthy, it will be interesting to see how the bank deals with the Reserve Bank of India’s…
China’s crude oil imports rebounded in March, data shows OPEC downgrades its 2025 global oil demand growth forecast Goldman Sachs sees Brent averaging $63 for rest of 2025 (Updates with mid-day trading, changes byline, dateline, previous LONDON) HOUSTON, April 14 (Reuters) – Oil prices held steady on Monday as exemptions for some electronics goods from…