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US new home sales surged much more than expected to a nine-month high in the month of December. The Commerce Department said new home sales soared by 11.9 percent to an annual rate of 811,000 in December after spiking by 11.7 percent to a revised rate of 725,000 in November. With the much bigger than expected increase, new home sales reached their highest annual rate […]

In the last 22 months, inflation has shot up to 7%, growth is back to normal levels and the labour situation is comfortable.

Copper continued to see selling pressure amid volatile trading as the US stocks turned lower after a hawkish Fed statement. Global economic growth worries also weighed on the red metal. The global economy is entering 2022 in a weaker position than previously expected, the International Monetary Fund (IMF) warned on Tuesday, as it downgraded its global growth outlook largely due to clouds gathering over the […]

The company has continued to invest in new digital brands to realize this aspiration.

For consideration of Rs 1252.96 cr

The US crude-oil inventories edged up last week as refinery activity dropped to the lowest since early November, according to data released Wednesday by the Energy Information Administration (EIA). The Crude oil stockpiles rose by 2.4 million barrels to 416.2 million barrels, and remain about 8% below the five-year average, the EIA said. Oil stored at Cushing, Okla, the delivery point for US stocks, fell […]

TCS has made consistent, long-term efforts over the past decade to increase its brand value, including investing in major brand sponsorships.

COMEX Gold futures turned sharply lower yesterday. The metal tanked from a two month high above $1850 per ounce as the US Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what US central bank chief Jerome Powell pledged will be a sustained battle to tame inflation. Citing elevated […]

Wipro announced the appointment of Badrinath Srinivasan (Badri) as the Managing Director for Southeast Asia. Badri will focus on Wipros vision for business growth, revenue expansion, client and influencer relationships, talent development and brand building. Badri will also strengthen the key markets of Southeast Asia focusing on large deals and strategic transformational engagements. In his most recent role, Badri was the Asia leader for the […]

The Indian rupee is expected to tumble in opening trades on Thursday, 27 January 2022 tracking broad strength in the dollar overseas. Besides, sustained foreign fund outflows from Indian markets amid weakening global risk appetite after Fed signalled a rate hike could be coming soon could add further pressure on the local currency. Moreover, crude oil staying at higher levels is also expected to remain […]