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Crude oil corrected after hitting two week high of $115 per barrel after G7 leaders urged oil-producing countries to step up production in order to fill the gap created by sanctions on Russia. Oil also eyed worries over Chinese demand as the country is fighting the worst Covid outbreak in two years and has locked down a number of cities. WTI Crude lost around 4% […]

Tata Consumer Products: The meeting of the board of directors of the company is scheduled on 29 March 2022 to consider preferential issue of equity shares of the company. Exide Industries: Chloride Metals Limited, a material wholly owned subsidiary of the company has started commercial production at its newly set-up green field manufacturing facility of battery recycling at Haldia, West Bengal. Zen Technologies: The company […]

US durable goods orders slumped by 2.2 percent in February after jumping by 1.6 percent in January, the Commerce Department reported on Thursday. The much bigger than expected decrease in durable goods orders came as orders for transportation equipment plunged by 5.6 percent in February after surging by 3.2 percent in January. Orders for non-defense aircraft and parts led the way lower, plummeting by 30.4 […]

G R Infraprojects announced that it received a Letter of Award (LoA) on 24 March 2022 for a road project from National Highways Authority of India (NHAI).

US first-time claims for unemployment benefits fell to their lowest level in over 50 years in the week ended March 19th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims slid to 187,000, a decrease of 28,000 from the previous weeks revised level of 215,000. With the bigger than expected decrease, jobless claims dropped to their lowest […]

The US shares rebounded on Thursday, 24 March 2022, with the major averages all reached their best closing levels in over a month, as investors snapped up beaten-down shares after jobless claims fell to the lowest level since 1969. At the close of trade, the Dow Jones Industrial Average index advanced by 349.44 points, or 1.02%, to 34,707.94. The S&P500 index grew by 63.92 points, […]

The S&P Global US Composite PMI rose to 58.5 in March, from 55.9 in the previous month, a preliminary estimate showed, as demand conditions and supply issues continued to improve from Januarys omicron impact. Manufacturing and service providers registered strong upturn in activity, largely supported buy pent up demand and easing Covid Restrictions. It was the fastest growth in the American private sector since July, […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 85 points at the opening bell. Global markets: Overseas, Asian stocks rose in early trade Friday as Wall Street stocks rallied overnight and oil prices fell. US stocks rose following choppy trading on Thursday, as investors watched western leaders present a unified front against Russias invasion […]

COMEX Gold futures saw an excellent upmove yesterday, rising for a second session amid good follow up buying. The rally from lows near $1910 per ounce extended and saw the metal spike around 1.30% to approach its one and half week high of $1960 per ounce. Gold moved in tandem with US dollar as the Russia-Ukraine war continued to be in focus. The United States […]

Sales rise 34.71% to Rs 33.49 crore