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The IT major said its board will consider a share buyback on Wednesday, 12 January 2022.

On 7 February 2022

COMEX Gold futures stayed in a tight range today as markets waited for the US nonfarm payrolls data. Gold tanked yesterday, falling more than 1% in volatile trades and testing two week low of $1785 per ounce. Some buying emerged around this mark amid weak US equities. COMEX Gold futures currently quote marginally up at $1790 per ounce. MCX Gold futures trade flat at Rs […]

The Australian share market finished session higher on Friday, 07 January 2022, snapping two days of losing streak, as investors chased for bottom fishing across the board, with financials, energy, tech, and utilities stocks leading the surge. At closing bell, the benchmark S&P/ASX200 was up 95.03 points, or 1.29%, to 7,453.35. The broader All Ordinaries index added 95.12 points, or 1.24%, to 7,774.39. The top […]

Eurozones inflation accelerated further in December to set a fresh record high, defying expectations for an easing, preliminary data from Eurostat showed Friday. The consumer price index rose 5.0 percent year-on-year after a 4.9 percent increase in November. Core inflation, which excludes prices of energy, food, alcohol & tobacco, was 2.6 percent in December, unchanged from November. Compared to the previous month, prices rose 0.4 […]

The wholesale spot price for natural gas at the Henry Hub in Louisiana (the US benchmark for natural gas prices) averaged $3.89 per million British thermal units (MMBtu) in 2021, almost doubling from the 2020 average, the US EIA noted in a latest update. US natural gas prices briefly spiked in February during a winter storm that strained natural gas and electricity markets in Texas […]

Newgen has filed 44 patents till date, out of which 22 have been granted in India and the US.

Germanys exports grew at a slower pace in November, data released by Destatis showed on Friday. Exports increased 1.7 percent on a monthly basis in November, slower than the 4.2 percent increase seen in October. Nonetheless, this was in contrast to the expected fall of 0.2 percent. Likewise, imports growth eased to 3.3 percent from 5.2 percent in the previous month. The trade surplus fell […]

Positive Local Equities Support INR Positive domestic equities and stronger Asian currencies supported gains in the Indian rupee although Omicron worries and firm crude oil prices restricted the appreciation bias of the local unit to some extent. The Indian rupee gained 12 paise to close at 74.30 (provisional) against the US dollar on Friday. At the interbank forex market, the local unit opened at 74.41 […]

The Mainland China share market finished lower for fourth straight session on Friday, 07 January 2022, as weakness in technology stocks overshadowed the rebound in property shares. At close of trade, the benchmark Shanghai Composite Index declined 0.18%, or 6.54 points, to 3,579.54. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, fell 1.15%, or 28.51 points, to 2,452.82. The blue-chip CSI300 index […]