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US services PMI slid to 62.0 in December from 69.1 in November, the Institute for Supply Management reported on Thursday. The pullback by the headline index came as the new orders index tumbled to 61.5 in December from 69.7 in November and the business activity index slumped to 67.6 from 74.6 in the previous month. The employment index also dipped to 54.9 in December from […]

Hassle free funding is a prerequisite for smooth scaling and expansion of business; and business loans are an important funding source helping owners pump more capital without altering the structure of ownership

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 5 points at the opening bell. Global markets: Overseas, Asian stocks are trading higher on Friday following heavy losses for some regional markets in the previous trading day, as investors continue to assess the impact of a potentially faster-than-expected policy tightening by the U.S. Federal Reserve. […]

rising demand for larger homes in the post coronavirus world, the demand for plots is also likely to emerge much stronger

With the Fed turning extremely hawkish since Nov-21, heavy FPI selling was always expected in Dec-21.

Schemes to benefit 6.56 lakh households in 3,213 villages.

US trade deficit widened significantly in the month of November, according to a report released by the Commerce Department on Thursday. The report said the trade deficit widened to $80.2 billion in November from a revised $67.2 billion in October. The wider than expected trade deficit came as the value of imports spiked by 4.6 percent to $304.4 billion in November after jumping by 1 […]

US initial jobless claims crept up to 207,000 in the week ended January 1st, an increase of 7,000 from the previous weeks revised level of 200,000, the Labor Department reported on Thursday. The Labor Department said the less volatile four-week moving average also inched up to 204,500, an increase of 4,750 from the previous weeks revised average of 199,750. Powered by Commodity Insights

Ujjivan Small Finance Bank (SFB) said that its gross loan book rose 22% to Rs 16,600 crore as on 31 December 2021 as against Rs 13,600 recorded on 31 December 2020.

Reliance Industries (RIL): Dunzo, Indias leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures (RRVL), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. RRVL is a subsidiary of RIL and holding company of […]