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If the events of the last few weeks have shown us anything, it is that the real estate guys were right—it really boils down to location, location, location. India may be blessed with numerous natural advantages, but in one aspect, at least, it has been dealt with a particularly harsh hand—its neighbourhood. India’s neighbours comprise,…
The National Stock Exchange and BSE have barred access to their respective websites from all overseas locations to safeguard against cyber attacks effective Tuesday, two people said. The development came a day before the Indian defence forces launched ‘Operation Sindoor’, raining a barrage of missiles on terror camps in mainland Pakistan and Pakistan-occupied Jammu and…
As during any crossborder conflict, the escalating tensions between the nuclear-armed neighbours are expected to boost earnings for domestic defence companies. A strong and resilient export outlook further strengthens the sector’s prospects, said experts. Since the terror attack on tourists in Kashmir’s Pahalgam area on 22 April, the Nifty Defence index has increased 2.99%, significantly…
India-Pakistan conflict: The Pakistan stock market took a significant hit on Wednesday, May 7, as investors reacted to India’s overnight strikes on nine terrorist sites in Pakistan and Pakistan-occupied Kashmir, carried out under ‘Operation Sindoor’. Pakistan’s main stock market index, the Karachi-100, plunged by 6,272 points (5.5%) during early trading on Wednesday, hitting a low…