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COMEX Copper had hit a one month high in last session on worries over Russian supplies but flipped back thereafter amid weakness in US equities. Mostly supportive economic cues capped losses though. After reporting a slowdown in the pace of growth in US service sector activity over the past few months, the Institute for Supply Management released a report on Tuesday showing growth in the […]

The business has secured orders for various types of cables in India and overseas.

WTI Crude oil futures are lingering around $102 per barrel in Asia but mild selling pressure as Asian equities turned lower. The US SPR related decline has already taken a hit on the sentiments but it seems to have gotten over now after prices bottomed out around two week low. Oil market also tracked the American Petroleum Institutes (API) latest data showing a build for […]

Gold futures turned lower in Asia as the US dollar index jumped to three year high above 99.50 and Treasury yields hit multi-year highs after Fed Governor Lael Brainard said overnight that she expected a combination of interest rate rises and a rapid balance sheet runoff to take US monetary policy to a more neutral position later this year. This pulled Gold down after the […]

The total traffic handled at JNPA during the April-2021 to March-2022 of the FY 2021-22 is 76 million tonnes, which is 17.26% higher as against 64.81 million tonnes for the same period of last year.

Persistent Systems announced that the company is bolstering its leadership team to support continued growth and strategic focus on Environment, Social and Governance (ESG), Risk Management and Talent Transformation initiatives. Sameer Bendre, formerly Chief People Officer, will take on the role of Chief of Operations with the responsibility for overseeing Persistents ESG and Risk Management priorities as well as the companys Enterprise Information Systems and […]

The Indian rupee is likely to come under pressure, tracking strength in the US dollar in early trades on Wednesday, 06 April 2022, even as crude oil prices show signs of retreating. Surging US treasury yields sent the dollar sharply higher overnight as comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation. Meanwhile, focus […]

The branch will inter alia offer secured loans, Current Account, Savings Account, Gold Loans and Working Capital facilities.

The company strengthens talent and operational leadership to drive continued growth.

MCX Gold eased after hitting near 20 day SMA or the middle Bollinger Band and flipped back under 51300 mark. The counter has a strong support placed around Rs 51300 which is 50 hour SMA and overall structure is looking rangebound from intraday perspective with a likely range of Rs 51500-51100. Powered by Commodity Insights