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The global crude oil markets focused on the disruption in Ukraine and its broad impact for the entire energy space. WTI Crude oil trades up 5% to $96 a barrel. Equities are witnessing volatile moves. Asian stocks started the new week in a subdued manner today. Chinese benchmark Shanghai Composite index added 0.32%. Hong Kongs Hang Seng fell 0.24%. Japanese Nikkei index edged up around […]

The Indian rupee slipped by 2 paise to 75.35 (provisional) against the US dollar on Monday due to rising crude oil prices amid deepening tensions between Russia and Ukraine. Sustained foreign capital outflows also weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened weak at 75.73 against the US dollar. However, it recovered most of its losses to quote at 75.35 […]

The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Reserve Bank of India signed the Amendment and Restatement Agreement of the BSA. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar. The size of the BSA remains unchanged, that is, up to 75 billion US Dollars. Japan […]

Indias export of electronic goods rose by almost 88% from USD 6600 Million in 2013-14 to USD 12,400 Million in 2021-22. Mobile phones, IT hardware (laptops, tablets), consumer electronics (TV and audio), industrial electronics and auto electronics are key exports in this sector. Governments initiatives are boosting domestic manufacturing of quality & globally competitive products, according to a latest update from the Ministry of Commerce […]

This investment is in line with the Company’s long-term objective of offering various Software as a Service (‘SAAS’) based solutions for businesses.

A key measure of turning points in Switzerlands economy fell unexpectedly in February to its lowest level in a year, results of a monthly survey by the KOF Institute showed Monday. The economic barometer dropped to 105.0 from 107.2 in January, which was revised from 107.8. The latest reading, which was the weakest since February last year, is still to some extent higher than the […]

VIX index jumped 6.84% to 28.57.

The domestic equity benchmarks bounced off initial losses and ended with modest gains on Monday. The Nifty closed near the 16,800 mark after hitting the days low of 16,356.30 in morning trade. Autos, banks, financial shares were under pressure. On the other hand, metals and oil & gas shares rallied. The barometer index, the S&P BSE Sensex, jumped 388.76 points or 0.70% to 56,247.28. The […]

The combined Index of Eight Core Industries stood at 144.4 in January 2022, which increased by 3.7 per cent (provisional) as compared to the Index of January 2021. The production of Coal, Natural Gas, Refinery Products, Steel, Cement and Electricity industries increased in January 2022over the corresponding period of last year. Final growth rate of Index of Eight Core Industries for October 2021 is revised […]

Larsen & Toubro Infotech has allotted 14,320 equity shares under ESOP on 28 February 2022. Powered by Capital Market – Live News