It will take a couple of years for market to bottom, not 1-2 months: Daniel Niles

Talk to us about the indicators which you saw? When the lights turned from green to amber and you called out the case for correction building in?There are a couple of things. We were worried about the coronavirus back in January and in late January, we started selling the stocks that we owned, either hedging […]

COVID-19 | Wet markets important risk factor for disease spread: UN biodiversity chief

UN Secretary General Antonio Guterres’ spokesman Stéphane Dujarric was asked during the daily press briefing about the increasing call by experts, including by U.S. government’s top infectious disease specialist Anthony Fauci, for wet markets in China and similar wildlife markets to be closed.

Equity market shows signs of recovery

The trend of capital inflow may have started. Stock connections between mainland and Hong Kong bourses registered a net foreign inflow of 8.15 billion yuan ($1.15 billion) over the past week, reversing a substantial outflow last month amid the global liquidity strain, according to market tracker Wind Info.

Real estate market on steady recovery track

The top 100 leading property developers in China saw sales revenue surge 136.2 percent month-on-month to 769 billion yuan ($108 billion) in March. Although this is 17 percent lower than the same period last year, the decline narrowed by about 21 percentage points in comparison to that of February, according to data collected by E-House […]

Wet markets important risk factor for disease spread: UN biodiversity chief

United Nations: The wet markets, such as the Huanan Seafood Market in China’s virus-hit Wuhan city, are an important “risk factor” for disease spread, the UN biodiversity chief has said as she called for scaling up stricter controls on the sale and consumption of wild species globally. Wild animals sold in the Huanan Seafood Market […]

Oil rises as markets eye OPEC, Russia meeting on output cuts

Thursday’s videoconference meeting between members of the Organization of Petroleum Exporting Countries (OPEC) and its allies, including Russia, is widely expected to be more successful than their gathering in early March. That ended in failure to extend cuts, and a price war between Saudi Arabia and Russia amid slumping demand.

Share market update: Bandhan Bank, Alkem Labs among top gainers on BSE

NEW DELHI: The domestic equity benchmark BSE Sensex was trading 138.01 points up at 30205.22 on account of buying in frontline bluechip counters. Shares of Auro Labs (up 20.00 per cent), Alpa Labs (up 19.99 per cent), Aarey Drugs (up 19.96 per cent), Sakuma Exports (up 19.95 per cent), Morepen Labs (up 19.95 per cent), […]

Share market update: Future Consumer, Suyog Telematics among top losers on BSE

NEW DELHI: The domestic equity benchmark BSE Sensex was trading 269.03 points up at 30336.24 on account of buying in frontline bluechip counters. Shares of Zodiac JRD MKJ (down 13.04 per cent), Prakash Woollen (down 10.14 per cent), Suyog Telematics (down 9.99 per cent), Valson Ind (down 9.95 per cent), Goldstone Tech (down 9.91 per […]

Majority Vietnamese averse to wildlife markets as source of Covid-19: survey

Overall, 72 percent of respondents in all five markets claim never to have consumed wildlife products. 84 percent said they would be very unlikely or unlikely to buy wildlife products in open wildlife markets in future, with Hong Kong expressing the highest aversion at over 90 percent.

First disinfectant tunnel installed in Kolkata’s New Market

It is fitted with a sensor which would start a motor as soon as person enters it. The sprinklers attached to the motor would spray water mixed with hydrogen peroxide which would kill the gemcides on the person’s dress and body.