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U.S. West Texas Intermediate crude futures dropped 10 cents, or 0.1%, to $73.71 a barrel, while Brent crude declined 9 cents, or 0.1%, to $78.67 a barrel.

BLS E-Services continued by saying that the public issue size specified in the Draft Red Herring Prospectus (DRHP) is anticipated to decrease following the collection of Rs 13.75 crore.

In India, the government has always spent more than it has earned.

FPIs infused $574 million into equities in the recent week after infusing $9 billion in the 5 weeks prior to that.

The dollar strengthened its gain from last week, when it surged 2.6% against the Japanese currency, to 144.67, its highest weekly performance since June 2022.

Petrol and Diesel prices in cities across India on 08-01-2024

On a serious note, and also in a lighter vein, we look at some of the budget firsts; some relevant, some almost trivial.

The ambivalent Fed minutes does make one wonder if the CME Fedwatch is being just too optimistic for comfort.

Spot gold fell for the week on Friday, although it was steady at $2,044.49 an ounce.The ounce of U.S. gold futures increased by 0.1% to $2,051.10.

The proposed IPO comprises a combination of a fresh issue of four crore shares and an offer-for-sale