Flipkart warns of major customer disruption
NEW DELHI: Walmart Inc’s online retailer Flipkart has told the government the company faces the risk of “significant customer disruption” if the implementation of new curbs for e-commerce is not delayed by six months, a source told Reuters.
Crude Oil Prices Influenced Market Sentiment
A stronger Indian Rupee against the US Dollar and easing crude prices influenced market sentiment. Oil prices tumbled as China posted its weakest economic expansion in nearly three decades and the IMF revised its global growth forecast lower, raising fresh concerns about fuel demand.
Palantir revenue said to hit US $1 Billion
Seattle-based Pro.com, which operates a platform for pricing and managing home renovation projects, raised $33 million in a Series B funding round led by WestRiver Group, Goldman Sachs and Redfin.
Another Big Change in Nifty 500 index
Corporation Bank and CreditAccess Grameen will replace Dena Bank and Vijaya Bank in Nifty 500, Nifty Smallcap 250 and NIFTY MidSmallcap 400 indices.
What is Market Sentiment in Forex?
To provide transparency to the over-the-counter forex market, many forex brokers publish the aggregate percentage of traders or trades that are currently long or short in a particular currency pair. The data is only gathered from clients of that broker, and therefore provides a