MUMBAI : Foreign portfolio investors (FPIs) had amassed a record 153,404 short contracts on Nifty and Bank Nifty futures as of Tuesday, a day before the Reserve Bank of Indiaâs Monetary Policy Committee (MPC) begins its three-day meeting (5-7 February). Markets widely expect a 25-basis-point rate cut. âThese shorts are at a record high, adjusted…
The Canadian dollar rebounded from its 22-year low against the US dollar on Monday on hopes of Canada achieving a reprieve from US tariffs. The Canadian currency was trading 0.5% lower at 1.4590 to the US dollar, or 68.54 US cents, after earlier tumbling to its weakest level since April 2003 at 1.4793. US President…
Also Read: Mint Quick Edit | Trumpâs at it again, sending mixed signals This a rudimentary game of âchicken,â which is often referred to in âgame theoryâ made famous by John von Neumann and Oskar Morgenstern. Now, let us put names to the players. A is Donald Trump, who has made his intentions clear. B…
In these years, the number of tax filers has gone up from 65 million to 80 million, which is still less than 6% of the population. Of all those filers, barely 25 million pay more than zero tax. Thanks to the recent hike in the exemption ceiling, it is possible that another 8 to 10…
President Donald Trump speaks as he signs executive orders in the Oval Office at the White House on Thursday (January 30, 2025) in Washington. | Photo Credit: AP President Donald Trump on Thursday (January 30, 2025) warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat…
Colombiaâs run-in with Donald Trump is a warning to other countries trying to decipher the US presidentâs haphazard decision-making process. As Asian nations realize that Trumpâs second term could be even more erratic than his first, China is ready to take advantage of the chaos. Trumpâs latest move to impose 25% tariffs on an ally…
Days three and four of Davos were filled with more panel discussions, sessions, and conversations. In addition to Ukraine President Zelenskyy walking the Davos corridors, day three was packed with several high-profile country representatives addressing the audience, including Malaysian Prime Minister M. Anwar, Spanish Prime Minister Pedro SĂĄnchez, and Britainâs new Treasury chief, Rachel Reeves….
Dollar rebounds after decline on Monday Canada and Mexico tariffs could start in February, Trump says (Updates to afternoon US trading) NEW YORK, Jan 21 (Reuters) – The U.S. dollar alternated between gains and losses on Tuesday in a choppy session, as markets grappled with uncertainty surrounding any tariffs President Donald Trump may implement. Trump…
The general mood is upbeat at this yearâs World Economic Forum (WEF), though day one at Davos coincided with a flurry of executive orders by US President Donald Trump immediately after he took oath. As several sessions at WEF are on climate change and global collaboration on artificial intelligence (AI) and sustainability, President Trumpâs executive…
