Wall Street Week Ahead: ‘Santa Claus’ stocks rally? Investors look to Omicron for direction

NEW YORK: Investors are closely watching the latest data on the rapidly spreading Omicron variant for signs of how much the virus could impact the U.S. economy and earnings as the market heads into what has historically been a strong time of year for equities. Overall, the S&P 500 is down only 0.1% since the…Continue Reading

Ahead of India series, CSA postpones domestic matches over COVID fears

Cricket South Africa on Sunday announced that the remaining round of CSA four-day franchise series, the country’s premier domestic competition, has been postponed as a precautionary measure over COVID-19 fears. The announcement came just a week before the three-match Test series between India and South Africa gets underway in Centurion. The country has seen a…Continue Reading

Ahead of PM Narendra Modi’s visit, Mosque painted ‘saffron’ in Varanasi

For Varanasi Updates Allow Notification   | Published: Wednesday, December 8, 2021, 0:17 [IST] Varanasi, Dec 8: Ahead of Prime Minister Narendra Modi’s visit to Varanasi, a mosque on the road leading to the Kashi Vishwanath temple was painted “saffron” before the objection was raised by a masjid committee panel member. The PM is scheduled…Continue Reading

Ahead of polls, new idea on the table: bad bank for farm loans

Agriculture being a state subject, the recovery laws — wherever agricultural land is offered as collateral – varies from state to state.(Representational Photo) TO IMPROVE recovery of bad loans in the agriculture sector, leading banks have made a pitch for setting up an Asset Reconstruction Company specifically to deal with collections and recovery of farm…Continue Reading

Russia has started the delivery of S400 air defence system to India ahead of President Vladimir Putin’s visit to New Delhi.    Putin is going to visit the country for the annual India-Russia summit on December 6. The one-day visit will see number of pacts being signed, especially between navies of the two countries.   …Continue Reading

Ahead of polls, politics of statues begins in UP

As the countdown to the Uttar Pradesh Assembly elections begins, the politics of statues get going in right earnest. Various political parties are using statues to attract and consolidate various caste vote banks in their favour. Lord Parshuram, the icon of Brahmins, has emerged as a top favourite with political parties who see the Parshuram…Continue Reading

Roadblocks ahead as Indian IT moves into high gear

Indian IT services providers are on a roll right now. They are not only grabbing market share and clients from global peers but are also winning customers in new technology areas, aided by the Covid-19 pandemic, which has shaken off process-related inertia and sped up offshore delivery mechanisms. The country’s top IT companies have, in…Continue Reading

Ahead of COP26, India rejects calls for net-zero carbon emissions target

India, third biggest emitter of greenhouse gases in the world on Wednesday rejected calls to announce net-zero carbon emissions target. The country said that it was more important for the world to decide on a pathway to reduce  such emissions.   China is the biggest greenhouse gas emitter in the world, followed by the US…Continue Reading

Ahead of Bihar bypolls, Lalu questions Congress utility as ally

PATNA: RJD president Lalu Prasad on Sunday questioned the utility of Congress as an ally in assembly election and drew sharp reaction from the grand old party as well as the NDA leaders for calling AICC in-charge for Bihar, Bhakta Charan Das, a ‘Bhakchonhar’ (imprudent person). “Should we cede assembly seats to Congress for losing…Continue Reading