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Rising international crude oil prices are likely to further weigh down the Indian rupee on Wednesday, 23 March 2022. However, foreign fund inflows and dollar weakness overseas could lend some much-needed support to the local unit. On Tuesday, rupee pared its initial losses to settle flat at 76.18 against the American currency. At the interbank foreign exchange, the rupee opened sharply lower at 76.39 against […]

COMEX Gold futures slipped in last session, extending recent losses as firm US equities and some tentative moves in crude oil prices weighed on the metal. A clear break above $40000 mark in Bitcoin also affected sentiments. Last weeks sharp correction in Gold prices when it tested around two and half week lows is affecting the overall marker structure and the US Fed Chief Jerome […]

MCX Gold is witnessing sustained selling but the Bollinger Bands on four hourly charts are capping the movement on either direction. The counter tested upper band on four hourly chart around Rs 52000 per 10 grams and turned lower and tested lower band at Rs 51150 per 10 grams. On the daily charts, the session marked a proper bearish candle and further losses are likely […]

The US share market finished session higher on Tuesday, 22 March 2022, recovering from narrow losses in the previous session, as investors evaluated Federal Reserve Chair Jerome Powells hawkish comments on monetary tightening to restore price stability. The probability of a 50-basis point rate hike at the Feds policy meeting in May rose after Chair Jerome Powell said on Monday the central bank must move […]

TCS is a good fit for enterprises seeking complex implementation and managed services for OCA Services.

The Ukraine war adds to inflation and supply chain risks facing an emerging Asia attempting to break out of the COVID-19 slump, the Organization for Economic Cooperation and Development warned on Tuesday. In a new report, the OECD projects that the gross domestic product of emerging Asia China, India and the 10 members of the Association of Southeast Asian Nations will grow 5.8% this year, […]

COMEX Copper futures consolidated just under one week high as supportive demand supply market dynamics and firm equities dominated the mood. The metal currently trades flat around $4.70 per pound. The International Copper Study Group or ICSG stated in a latest monthly update that world copper mine production increased by about 2.2% in 2021, with concentrate production increasing by around 3.7% and solvent extraction-electrowinning (SX-EW) […]

RailTel Corporation of India received an order worth Rs 11.57 crore from Rail Vikas Nigam (RVNL) for installing MPLS-VPN services for five years at various locations.

Business Wire India Andersen Global adds depth to its platform in Bangladesh through a Collaboration Agreement with law firm A.S & Associates, establishing a full suite of integrated tax and legal capabilities in the country.   With two offices in Dhaka and a branch office in Mymensingh, A.S & Associates offers full-service capabilities in banking and finance, litigation, energy, capital markets, international and commercial contracts, […]

South Korea producer prices were up 8.4 percent on year in February, the Bank of Korea said on Wednesday – slowing from 8.9 percent in January. Individually, prices for agricultural, forestry and marine products fell 6.6 percent on year, while manufacturing products jumped 14.0 percent, utilities climbed 12.0 percent and services rose 2.5 percent. On a monthly basis, producer prices rose 0.4 percent, down from […]