World stocks seen as most overvalued in 17 years – BAML survey
By Jamie McGeever LONDON (Reuters) – World stocks are their most expensive in 17 years, but bond yields will need to be much higher than they are currently to trigger an equity bear market, a monthly fund manager survey showed on Tuesday. Bank of America Merrill Lynch’s (BAML) poll of investors managing $592 billion worldwide […]
Wall St turns negative as bank stocks weigh
By Tanya Agrawal (Reuters) – U.S. stocks reversed course to trade lower in late morning on Tuesday, pressured by a fall in bank shares. The financial index led the laggards on the S&P 500 with a 0.72 percent fall. Bank of America was down 3.9 percent, weighing the most on the S&P 500, while Goldman […]
D-Mart promoter shoots up billionaires' rankings as bulls go shopping
Shares of Avenue Supermarts Limited (D-Mart) made a stellar debut on the bourses today, with the bulls thronging the counter right at the stroke of the opening bell.After the overwhelming response the company’s IPO received, it was expected that the stock would make a sparkling debut. But then, the start turned out to be much […]
Global Markets: French presidential debate lifts euro to six-week highs
By Dhara Ranasinghe LONDON (Reuters) – The euro climbed to six-week highs and sentiment towards French assets was lifted on Tuesday after centrist Emmanuel Macron’s performance in a television debate boosted a view he would win France’s presidential race over the far-right’s Marine Le Pen. The dollar was also held back by doubts about how […]
Ganga and Yamuna are now legal entities: What does this mean and is it a good move?
The Uttarakhand High Court has declared the Ganga and Yamuna rivers as “living entities”. The landmark judgment that came on Monday is the first of its kind in India- and second in the world- and this is what it essentially means. The rivers, two of the most sacred in India, will now have the same legal rights as a […]
Pakistan is happier than India, and so are 121 other countries in the world
The World Happiness Report 2017 tabled at the United Nations on the occasion of International Day of Happiness (Monday) ranked India at a meagre 122nd position among a total of 155 nations. Last year, the same report, World Happiness Report 2016, had ranked India at the 118th position. While India fell behind four places from last year, neighbours Pakistan (ranked 42 places ahead […]
Will free UP of corruption and riots, says Yogi Adityanath in Lok Sabha
New Delhi: Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said he will work to rid the state of corruption and communal riots.Adiyanath, a long-time Bharatiya Janata Party member from Gorakhpur, told the Lok Sabha that he will curb anti-social elements in the country’s most populous state. “We will work to make the state free of […]
New-born girl found abandoned in Vizag hospital after delivery
A two-day-old baby girl was found abandoned in Visakhapatnam’s Victoria General Hospital on Sunday night, while the parents of the baby are yet to be traced. According to police, on Monday, the authorities of Victoria Hospital called them stating that a woman named Joga Devi, a resident of Malkapuram in the city, had left her […]
Setback for Mamata's Trinamool, SC declines to stop CBI probe into Narada sting case
New Delhi: In a setback to West Bengal Chief Minister Mamata Banerjee, the Supreme Court on Tuesday refused to interfere with the Calcutta High Court order that asked the CBI to conduct a preliminary inquiry into the Narada sting operation.In the video footage, a number of senior Trinamool Congress (TMC) leaders were seen accepting money […]
His name is Saddam Hussain and no one will hire him
He was christened ‘Saddam Hussain’ by an affectionate grandfather over two decades ago. Saddam’s grandfather believed that with this name, he would grow up to be a ‘positive’ human being. And while the 25-year-old doesn’t begrudge his grandfather for naming him after the Iraqi dictator, what has weighed him down is being rejected in 40 […]
