By Dharmesh Shah Equity benchmarks snapped two weeks winning streak and concluded the week on a subdued note amid global volatility. Nifty ended the week at 16985, down 3%. Meanwhile, the broader market relatively underperformed the benchmark as Nifty midcap, small-cap skidded over 4%, each. Barring IT, all other indices ended in red weighed by […]
Israel’s war with Hamas in Gaza will likely cost it at least another 50 billion shekels ($14 billion) in 2024 and result in a near-tripling of its budget deficit, the Finance Ministry said on Monday, projecting that fighting will last through February. Briefing lawmakers, the ministry’s deputy budget commissioner Itai Temkin said the war was […]