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City Union Bank announced the opening of four new branches in various districts of Gujarat, Rajasthan and Andhra Pradesh.

Global Processing Services Announces New Partnership With Mastercard to Power ‘Next Generation Payments’ Technology to Global Fintechs

Gold saw good gains in last session, hitting around one week high but overall movement was sideways. The metal has rebounded from around one week low near $1910 per ounce but the prospects of aggressive US monetary tightening is keeping the overall activity under check. The Indian demand scenario is looking steady after the recent correction in spot prices though a meaningful spurt will see […]

WTI Crude surged around 5% to approach $115 per barrel mark as falling US inventories boosted the buying support. The US crude oil stockpiles fell yet again, the Energy Information Administration said on Wednesday. Crude oil inventories declined by 2.508 million barrels last week. Distillate stockpiles, which include diesel and heating oil also fell by 2.071 million barrels while Gasoline inventories fell 2.947 million barrels […]

The US share market finished session lower on Wednesday, 23 March 2022, as risk aversion selloff resumed amid concerns over geopolitical tensions surrounding the ongoing Russia-Ukraine conflict and spike in crude oil prices to over $121 a barrel. At the close of trade, the Dow Jones Industrial Average index tumbled by 448.96 points, or 1.29%, to 34,358.50. The S&P500 index sank by 55.37 points, or […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 51 points at the opening bell. Global markets: Overseas, Asian stocks are trading lower on Thursday, as the recent global equities rally eased. Volatile commodity prices added concerns to a market already dealing with record inflation and the impact of an ongoing war in Ukraine. Activity […]

US new home sales slumped by 2.0 percent to an annual rate of 772,000 in February after plunging by 8.4 percent to a revised rate of 788,000 in January, according to a report released by the Commerce Department on Wednesday, from the 801,000 originally reported for the previous month. With the unexpected drop, new home sales continued to give back ground after reaching their highest […]

Copper spiked impressively, hitting around two week high of $4.78 per pound as supply worries boosted sentiments. Media reports stated that protests continue to disrupt copper mines with Southern Coppers Cuajone mine closed for three weeks and ongoing threats to disrupt Las Bambas and some BHP operations. Soaring Covid-19 cases are also likely to affect Chinese smelting activity. Copper broke above $4.70 per pound mark […]

Piramal Enterprises: A meeting of the board of directors of the company will be held on 28th March 2022, to consider and approve the issue of Secured, Rated, Listed, Redeemable, Principal Protected, Market Linked Non-Convertible Debentures up to Rs. 50 crores along with an option to retain oversubscription up to Rs. 325 crores, the total size aggregating up to Rs. 375 crores, on a private […]

Here is the important stock market news to watch out for today.