Articles for tag: foreign investment, stock market, volatility

Rajiv Sharma

Business
Stock Market Outlook for October 1

Stock Market Outlook for October 1

The share market experienced a significant downturn on September 30 due to heavy selling by foreign investors. The Sensex plummeted by approximately 1270 points, while the Nifty index settled near the 25,800 mark. This decline has led to a reduction in investors’ wealth by around ₹3.55 lakh crore. The sell-off by foreign investors is attributed ...

Rajiv Sharma

Business
Adani-Kenya Deal: Controversy Over Gautam Adani's Airport Deal Reaches Court and Parliament

Adani-Kenya Deal: Controversy Over Gautam Adani’s Airport Deal Reaches Court and Parliament

The Adani Group, led by billionaire Gautam Adani, has recently entered into a significant deal to manage Kenya’s major airport, Jomo Kenyatta International Airport (JKIA). However, this arrangement has been met with considerable resistance, culminating in widespread protests, legal challenges, and Senate hearings. This article delves into the intricacies of the Adani Kenya deal, the ...