Year-Ender 2023: The Indian equity market witnessed a roller coaster ride in 2023, weathering storms like record FII outflow and the Adani-Hindenburg saga. Despite these headwinds, the market ended the year on a positive note, thanks to a late-year IT stock rally and the BJP s state election wins.
The US still faces a risk of a government shutdown at the end of this week despite a new compromise plan by Speaker Mike Johnson that leaves out hardline conservative priorities like cutting spending and curtailing migration.
The Republican party on Saturday revealed an unconventional temporary plan to fund the US government, with little room to maneuver it through a deeply divided Congress just days ahead of a potential shutdown.
Republicans ended a tumultuous week in which Congress flirted with a government closure and the majority party in the House could not even pass its own bill to avoid a shutdown.