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The gold loan auctions by NBFCs rose in 9MFY22, perhaps highest since FY14 when gold saw larger volatility in its prices.

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US consumer confidence index dipped to 110.5 in February from a downwardly revised 111.1 in January, reflecting a deterioration in consumer expectations, the Conference Board reported on Tuesday. The modest decrease by the consumer confidence index came as the expectations index slipped to 87.5 in February from 88.8 in January. Consumers expecting business conditions to improve edged down to 23.4 percent from 23.6 percent, although […]

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 91 points at the opening bell. The escalating crisis between Russia and Ukraine, and the resultant surge in crude oil prices is worrisome, Finance Minister Nirmala Sitharaman said on February 22, adding that the government is constantly monitoring the situation. In post-Budget consultations with several stakeholders, […]

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Fitch’s EM exchange rate index, which weights EMs by the value of their outstanding foreign-currency government debt, has shown a marked depreciation against the US dollar in recent months.

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The US stock market finished session on Tuesday, 22 February 2022, as investors offloaded risk assets amid heightening geopolitical anxiety after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine. At the close of trade, the Dow Jones Industrial Average index fell 482.57 points, or 1.42%, to 33,596.61. The S&P500 index was down 44.11 points, or 1.01%, to 4,304.76. The tech-heavy Nasdaq […]

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Eligible Policyholder(s) can Bid up to a Bid Amount of Rs2,00,000, net of any Policyholder discount that may be offered in the IPO.

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