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  • MSCI Seeks Feedback On Adani Group Over Hindenburg Report

    MSCI Seeks Feedback On Adani Group Over Hindenburg Report0

    Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate – controlled by one of the world’s richest men Gautam Adani – have lost a combined $48 billion in market value

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  • Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger

    Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger0

    Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import

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  • As Market Gains in Diwali Week, More Than 30 Smallcaps Rise up to 31%

    As Market Gains in Diwali Week, More Than 30 Smallcaps Rise up to 31%0

    In the holiday-shortened Diwali week, Indian benchmark indices ended with a gain of one percent. After a positive start for the new Samvat 2079 on the Muhurat trading day (October 24), the market remained volatile amid monthly F&O expiry, better US GDP data, Bank of Japan keeping policy balance rate at -0.1%, rate hike by

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