European stocks rise as traders weigh health of global economy

European stock markets started the week on an upbeat note as traders queried central banks’ resolve to keep raising interest rates amid mounting evidence of a global economic slowdown. The regional Stoxx 600 rose 1 per cent in early dealings on Monday, with London’s FTSE 100 adding 0.8 per cent and Germany’s Xetra Dax gaining … Read more

Oil Swings as Traders Grapple With Recession Concerns, Demand

(Bloomberg) — Oil fluctuated as investors weighed concerns that a global slowdown will erode demand against still-solid physical market signals. Most Read from Bloomberg West Texas Intermediate rose toward $109 a barrel after dropping more than 1% earlier in the session. Trading volumes will likely be weaker than usual on Monday given the holiday in … Read more

stock market trading: Mind Over Money: Sachin Gupta shares 12-point checklist for traders to maintain mental health

Five-day work week, permanent off over the weekend, no presentation or yearly targets – some might call this a dream life, but for a trader, it is not a dream job as it comes with its own set of challenges, Sachin Gupta, CEO & Whole Time Director, Share India explains. The equity market has changed … Read more

Small traders to gain in GST relief for e-commerce sellers, transport

Easing compliance for taxpayers, the Goods and Services Tax (GST) Council has also given relief to the transport sector and small online sellers by waiving mandatory registration norms for small businesses. Changes in the law will come into force on January 1, 2023. The move will benefit approximately … Read more

Traders’ body to launch campaign against ban on goods vehicles in Delhi

Traders’ body CAIT on Wednesday said it will launch a campaign from July 10, demanding the Delhi government to withdraw the five-month ban on entry of medium and heavy goods vehicles in the national capital from October. The Confederation of All India Traders (CAIT) convened a meeting of trade ‘associations from Delhi … Read more

European shares turn higher as traders reassess rate rise outlook

European stocks started the week higher, after a bounce on Wall Street on Friday, as traders questioned the extent to which slowing growth would impact central banks’ plans to raise rates aggressively. Europe’s regional Stoxx 600 share index rose 1.2 per cent in early dealings, following its first weekly gain in a month last week. … Read more

Delhi traders, transport groups protest move to ban heavy vehicles in Oct

Opposing the Delhi government’s decision to ban entry of medium and heavy goods vehicles in the city, traders and transport organisations said it would “grossly and adversely affect” businesses in the national capital. The decision to ban the entry of medium and heavy goods vehicles to the national capital … Read more

Russian Commodities Traders Relocate to Dubai as Switzerland Tightens Sanctions

Traders of Russian commodities are rushing to set up businesses in Dubai as Switzerland makes it increasingly challenging for them to deal with Moscow. Switzerland has for decades been home to middlemen helping to match Russian producers with buyers all over the world. Now, a ratcheting up of sanctions is prompting a migration to the … Read more

Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans

The Open Network for Digital Commerce (ONDC), the government’s alternative in India’s e-commerce market, should help non-digital traders, handicraft traders and artisans, said commerce and industry minister Piyush Goyal on Thursday. Goyal asked the Department for Promotion of Industry and Internal Trade (DPIIT) to launch an ONDC pilot for … Read more

Oil Steadies as Traders Weigh Outlook for Demand, Fed’s Path

(Bloomberg) — Oil steadied in Asia — after plunging almost 7% on Friday — as traders weighed prospects for higher near-term demand against concerns that aggressive US monetary tightening will lead to a recession. Most Read from Bloomberg West Texas Intermediate traded above $109 a barrel after tumbling by the most since early April last … Read more