We are back to where we had left off during COP28. In the recently concluded Bonn talks, a precursor to COP29 (to be held in Baku in November), there was no consensus regarding resource transfer for climate change. This, however, is not surprising given the fact that the world community has been labouring over the transfer of $100 billion per year since the last 15 years, without success. This kitty, however, has been given a new name — New Collective Quantified Goal (NCQG) — though without any flesh and blood…
Tag: factors
RBI governor says global factors need to be identified in inflation and policy coordination
[ad_1] Global factors should get more importance in the assessment inflation Risks in the light of current events Europe Where war has a significant impact on the price situation, Reserve Bank of India Governor Shaktikanta Das has said. Delivering a speech at an event organized by the Institute of Economic Development, Das said, “Recent developments call for greater recognition of global factors in the dynamics of domestic inflation and macroeconomic growth, which can lead to policy coordination among countries to achieve better results.” and underscore the need to enhance dialogue.”…
Nifty: Four Factors That Make Nifty Stage 16,600 . Can make technical pullback till
[ad_1] New Delhi: Despite market sentiment turning bearish, headline equity indices nifty Could soon stage a technical snag from oversold territory. Historically, highly bearish readings of sentiment indicators, based on the percentage of stocks trading above the 200-DMA of the Nifty 500 universe, lead to a 10 per cent pullback rally in the subsequent three months. In the current scenario, the maturity of 10 per cent will be at 16,700. A report from the domestic brokerage said it expects the index to resolve higher gradually and extend a pullback towards…
Stock Market Analysis: Inflation figures, US Fed meeting among six key factors that could guide markets this week
[ad_1] Indian Equity Markets posted losses in the last five trading days, their first weekly loss in a month as rising crude oil prices and rising concerns over global monetary policy undermined risk appetite. The past week has been volatile for the stock markets as reserve Bank of India Given the rise in domestic inflation, announced a 50-basis-point rate hike and clearly indicated even tighter fiscal conditions ahead. Continued selling of domestic stocks by foreign portfolio investors also dragged down the headline index with BSE Sensex and Nifty 50 falling…