Black Thursday

Synopsis“The RBI’s dollar buying to prevent the rupee from appreciating has driven liquidity to a large excess,” said Arvind Chari, head of fixed income and alternatives at Quantum Advisors Pvt. ETAutoGovernor Shaktikanta Das has pledged to stay accommodative well into 2021 as he tries to dig the economy out of…

Life seems to have come full circle for Sandeep Saxena, and that too in seven months. On December 1, the 28-year-old will join a Bengaluru-based food tech venture as a data analyst in its Gurgaon office. The last seven months have not been easy. He lost his job in May…

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There’s gratitude for you. You halve corporate taxes and slash regulations indiscriminately, and Wall Street thanks you by going haywire less than a week before you’re up for reelection.“Stock market drop a blow to Trump’s election messaging” blares today’s lead story, by Jeff Stein, in The Washington Post. “The Stock…

Donald Trump, The Wall Street Journal reported on Wednesday, is mulling an executive order to make federal agencies perform an economic analysis of fracking—on the theory, presumably, that there’s no voter-seducing soundbite better than one involving the words “capital allocation.” It’s an odd last-minute play for fuel-producing swing states like…

NEW DELHI: Auto major Tata Motors on Saturday said its passenger vehicle vertical has crossed 40 lakh cumulative production milestone, nearly three decades after it rolled out its first model in the segment - Tata Sierra SUV in 1991. The company, which over the years has produced models like the…

No doubt, in his quiet moments, Doug Ford can still hear the boos echoing across Nathan Phillips Square. It may seem like a lifetime ago -- that carefree day in pre-pandemic times when two million Ontarians crowded into downtown Toronto to celebrate the victorious Raptors -- but Premier Ford is unlikely to ever forget the unmistakable jeering that followed his…

There is a battle brewing over the shape of a potential Biden administration between the center and the left. Broadly speaking, the left, defeated in the primaries, is pushing from the sidelines for Biden to aim for a bigger presidency, to follow through on all his “FDR-sized presidency” talk. On…

News Julien Neaves 19 Hrs AgoPrinces Town MP Barry Padarath. PRINCES Town MP Barry Padarath has said Government's freeze on filling of vacancies in the public sector will stymie young people seeking to advance their careers. He was contributing to the budget debate in the House on Monday. He said…

Spencer Platt/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. The stock market is undergoing a final melt-up that will culminate in a top sometime between election day and the inauguration, according to Michael Hartnett, the chief investment strategist at Bank…