Who pays over a lakh rupee to remain at a lodge for just a few hours. Effectively, quite a lot of cricket followers simply did it to look at final night time’s World Cup remaining. The success of the occasion as soon as once more proved that the 50-over format continues to be on a powerful pitch — with all its surprises and scares. And it’s no much less profitable. Past the boundaries, an financial extravaganza unfolded for manufacturers and advertisers, breaking just a few information and reshaping the panorama of sports activities advertising and marketing.
In the meantime, off the sphere, away from high-pitched sporting battle, India and Australia entered right into a provide chain resilience settlement. 12 different nations, together with the US, too are a part of it. The purpose is to chop dependence on China and assist shift manufacturing of essential items to member nations. However what’s there for India in it?
Markets consultants too have cheered this settlement. Shifting on, softer-than-expected US inflation knowledge boosted features on Dalal Avenue final week, with the Sensex and Nifty indices clocking as much as 1.5% features. The deceleration in value rise additionally cooled off bond yields, bringing international traders again to Indian shores. Rex Cano spoke to market pundits to know whether or not the optimistic sentiment will proceed within the markets this week or will the rally witness revenue reserving?
Mushy US inflation knowledge is certainly a excellent news for Indian markets. In the meantime, heads of the US and China lastly sat on a negotiating desk after a 12 months. And one of many points on which they agreed on was to work to curb fentanyl manufacturing. Take heed to this episode of the podcast for solutions.
First Revealed: Nov 20 2023 | 8:00 AM IST