Composite Currency

India slips further in emerging market rankings in June

At a time when foreign investors have become increasingly cautious about investing in emerging markets, India’s rank among its peers has fallen further, according to the latest update of the emerging markets tracker from Mint. Weaker manufacturing activity, relatively below-average exports and high inflation have pushed India’s position in the …

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ASX to rise, global stocks stage relief rally

The “move in stocks is in line with the market’s long-standing confidence in abundant and predictable cash injections,” Mohamed El-Erian said in a tweet. BHP plans to pull out of oil and gas in a multibillion-dollar exit as it seeks to accelerate its withdrawal from fossil fuels, Bloomberg News reported, …

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