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COMEX Gold is consolidating around one week high after a very sharp uptick from three month low. However, the highs around $1900 per ounce are capping the upside now. The US dollar eased overnight after the Fed sounded less hawkish on larger rate hikes going forward although it raised benchmark interest rates by 50 bps in yesterdays FOMC, the largest since 2000 as policymakers urgently […]

Business Wire India Global Processing Services (GPS), a leading global payment technology platform, has today announced the appointment of Simon Stanford as Chief Revenue Officer. Based in London, Stanford sits on GPS’ global executive committee and leads the company’s global commercial, partnerships and customer relationship management, and marketing teams with a focus on developing GPS’ global partnerships ecosystem, marketing and brand strategy, and driving revenue […]

COMEX Gold is consolidating around one week high after a very sharp uptick from three month low. However, the highs around $1900 per ounce are capping the upside now. The US dollar eased overnight after the Fed sounded less hawkish on larger rate hikes going forward although it raised benchmark interest rates by 50 bps in yesterdays FOMC, the largest since 2000 as policymakers urgently […]

Equitas Small Finance Bank rose 3.94% to Rs 54.10 after the banks net profit rose 5.88% to Rs 119.51 crore on 4.74% increase in total income to Rs 1,043.98 crore in Q4 March 2022 over Q4 March 2021.

Australia posted a merchandise trade surplus of A$9.314 billion in March, according to the Australian Bureau of Statistics. That topped expectations for a surplus of A$8.5 billion and was up from A$7.457 billion in February. Imports fell A$1.949 billion or 5.0 percent A$40.139 billion, driven by decreases in imports of processed industrial supplies. Exports fell A$72 million (0 percent) to A$49.453 billion, driven by falls […]

Chinas service sector contracted sharply in April as the introduction of tighter COVID-19 containment measures led to quicker reductions in activity and new orders, survey results from S&P Global showed on Thursday. The Caixin services Purchasing Managers Index fell to 36.2 in April from 42.0 in March. A score below 50.0 indicates contraction. The survey showed that new business decreased at the second-steepest rate on […]

Business Wire India Q1 2022 HIGHLIGHTS Strong growth in orders (26%) and revenue (21%) Emerging sectors & core sector recovery create momentum Capacity utilization & operation efficiencies yield traction in profit Published the first Business Responsibility and Sustainability Report (BRSR) 2021 as early adopters   “I am very proud of the team at ABB India who delivered a good start to the year by not […]

Business Wire India Agriwise obtained a secure credit facility from Maanaveeya Development & Finance Private Limited, the Indian subsidiary of Oikocredit. Maanaveeya partners with Agriwise in supporting small-scale farmers by providing access to finance for agricultural cooperatives, producers, processors and distributors. Till 2021, Agriwise’s efforts have helped 2500 farmers realize better value for their produce. Agriwise Finserv Limited, one of India’s fastest growing agri-focussed NBFCs, […]

USIIC will play a critical role in furthering business ties between US and Indian businesses.

The industry plans to set up Li-ion advance cells manufacturing unit at its electric vehicle ancillary cluster in Vadodara.