C. Kutumba Rao

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Markets to take Budget, Fed cue

True to predictions, exuberant trading and record volumes in derivative segment propelled Nifty into uncharted territory.

Markets may not swing widely

Dictated by global cues and macro economic news flow, markets continued to consolidate at higher levels.

It is a measure of Sri Lanka’s return to “normal” democratic politics that conspiracy theories are once again resonating in Colombo.

Prime Minister Narendra Modi’s government faces significant challenges in trying to reinvigorate India’s economy back to the robust growth it enjoyed a few years ago.