Page 40 - Markit Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Despite pick-up in factory activity, there was sluggish demand for services. Growth in India's dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday. Asia's third-largest economy has been gradually recovering from a coronavirus-induced recession but is not expected to return to pre-pandemic levels soon, especially within the service industry — the engine of economic growth and jobs in the country. The Nikkei/IHS Markit Services Purchasing Managers' Index fell to...

Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced I will have to give some of my favorite tech names a haircut in the name of balance. Hopefully everyone gained some exposure to gold. Jan 06, 2021 | 07:24 AM EST Understand That the environment is whatever it is. While individuals can not change the big picture, said individuals are far from helpless. So... be pragmatic. If anticipation is impossible, trend recognition is not. Identify See both threats and opportunities for what they are in real time. No "if only", no "shoulda", no "woulda", no coulda". You...

Govt considers creating bank with $13.7 bn equity to fund roads, ports India is considering a proposal to create a bank to help fund port, road and power projects as Prime Minister Narendra Modi’s administration aims to lift Asia’s third-largest economy out of the recession. The new entity, likely to be part of the budget announcement in February, may have an equity capital of 1 trillion rupees ($13.7 billion), people with knowledge of the matter said, asking not to be identified as the matter isn’t public. The existing India Infrastructure Finance Co., which has a 20 billion rupee cor...

BMO Capital Markets chief investment strategist Brian Belski provides insight into the market's reaction to the ADP employment report and how it may accelerate another stimulus deal. U.S. stocks ended the session mixed in choppy trading even as pro-Trump protesters stormed Capitol Hill protesting Joe Biden's win in the presidential election, and as the nation awaits the likely confirmation of Democratic control of the legislative and executive branches of the U.S. government. Ticker

Dalal Street Week Ahead: Here are 10 key factors that will keep the traders busy Rusmik Oza of Kotak Securities expects the Nifty50 to go somewhere mid way of the 14,000 to 15,000 range in January. Sunil Shankar Matkar January 03, 2021 / 08:21 AM IST The positive global cues helped the market gain momentum after consolidation seen in the previous week, and close above psychological 14,000 mark on the Nifty50 for the week ended January 1, 2021. The signing of second stimulus package by the United States, the approval for Brexit deal by the Europ...