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The American currency is seen firming on Friday, backed by higher Treasury yields, hovering above 3% mark. The dollar index, that measures the greenback against a basket of currencies continues to hold near 20-year highs and is up about half a percent this week. DXY is currently quoting at 103.76, after it hit 103.94 in the previous session for the first time in two decades. […]

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UPL announced that a fire occurred at one of the plants at its Ankleshwar Unit -1 at around 7.00 am (IST) today. The cause of the fire is being investigated. The companys emergency response team, with the help of the local fire brigade have already brought the fire under control. There were 5 people onsite that have sustained injuries and are receiving treatment at the […]

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PM Narendra Modi chaired a meeting to review various aspects of wheat supply, stock and exports. PM was given a detailed presentation on the issues. He was briefed regarding the impact of high temperatures in the months of March-April 2022 on Crop production. The status of procurement and export of wheat were reviewed. In the light of increasing demand for agricultural products of India, the […]

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In response to higher crude oil prices, financial results for 42 US exploration and production (E&P) companies showed large increases in both cash from operations and capital expenditures in the fourth quarter of 2021 (4Q21). Cash from operations for the E&P companies reached $27.5 billion in 4Q21, the largest amount in any quarter since 3Q14. Compared with 3Q21, capital expenditures increased 60% to $15 billion. […]

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Prozone Intu Properties Ltd, Galactico Corporate Services Ltd, Shankar Lal Rampal Dye-Chem Ltd and Creative Eye Ltd are among the other gainers in the BSEs B group today, 06 May 2022.

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