Mumbai: A widely-tracked technical indicator is pointing to small-cap stocks being at overbought levels following their recent record-breaking run. The weekly Relative Strength Index (RSI) -a momentum indicator– of the Nifty Small-cap Index crossed 86 last week for the first time in a decade and the second time in 16 years. Analysts advise against betting … Read more
City’s mask ban an effective deterrence against rioters Updated: 2019-10-14 08:39 By Raymond Li(HK Edition) Raymond Li says the ordinance, which is neither draconian nor illegal, will help bring law-breaking protesters into line As Hong Kong is gripped by four-month-long citywide protests initially triggered by a now-shelved extradition bill, and the protests morphed into a … Read more
Students across Canada have begun a new school year, but even as they crack open their books teachers and those who represent them are raising concerns there’s still not enough being done to fix ongoing teachers shortages from coast to coast to coast. The shortages vary from province to territory. Some like Nova Scotia say … Read more
New Delhi: Amid the controversy surrounding President Droupadi Murmu’s official dinner invitations to G20 Heads of State, ministers and other Indian officials, where she used the title ‘President of Bharat’ instead of ‘President of India’, Delhi Chief Minister Arvind Kejriwal Tuesday questioned the rationale behind the move and even indicated that the Oppositions’ INDIA alliance … Read more
NEW DELHI: The Reserve Bank of India (RBI) is looking to expand the use of Central Bank Digital Currency (CBDC) in the call money market, while hoping to reach one million daily transactions by the end of 2023, said a source.The source said that the wholesale CBDC is proposed to be expanded as tokens for … Read more
Three people have been rescued in the Coral Sea off the coast of Cairns, after their catamaran was damaged during several shark attacks. The Australian Maritime Safety Authority (Amsa) coordinated the rescue early this morning roughly 835km off the coast of Cairns, after receiving a distress beacon. Amsa responded to the Russian-registered emergency position-indicating radio … Read more
Mumbai: The stock of apparel company Raymond soared 9.4% to record highs on Tuesday after broking firms Jefferies and Motilal Oswal Financial Services initiated coverage with ‘buy’ ratings. Both firms have set a price target of ₹2,600, implying an upside of nearly 20% from Tuesday’s closing price of ₹2,169.90. Earlier in the day, the stock … Read more
Rumors of an Ebola outbreak at the Burning Man festival spread like wildfire over the weekend with social media users posting fake health advisories, flight data and conspiracy theories to TikTok and Twitter, Forbes reported. Though the rumors have been debunked, their rapid spread is another example of the dangers of online misinformation, particularly on … Read more
Baldur’s Gate 3 developer Larian has released a brand new update for the PS5 and PC role-playing game. The new Hotfix clears up a ton of problems with the game, fixing various crashes, sound issues and gameplay problems. It’s particularly good news for PS5 owners, as the update fixes a problem that would cause the … Read more
NEW DELHI: Diesel may be losing market share but Hyundai, the country’s second largest carmaker, has decided to go ahead with new launches and products with this fuel, which has seen the maximum regulatory and tax beating over its impact on emissions and pollution.Tarun Garg, COO of Hyundai in India, said the company has had … Read more