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Singapore private sector continued to expand in December, and at a faster rate, the latest survey from Markit Economics showed on Wednesday with a PMI score of 55.1. Thats up from 52.0 in November and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Both demand and output grew at the quickest pace in five months. Purchasing activity increased once […]

Growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as firm crude oil prices is expected to take a toll on the Indian rupee in opening trades on Wednesday, 05 January 2022. However, sustained foreign fund inflows into the Indian markets and easing dollar ahead of Fed minutes could support the domestic currency. On Tuesday, rupee slumped 29 […]

Marvel Properties & Asmakam Infra Projects Private Limited is the proposed purchaser for the property.

The US stocks were mostly lower on Tuesday, 04 January 2022, with the Nasdaq and the S&P 500 both settling below the unchanged line, while the Dow managed to end in green territory. The mixed close of Wall Street came as profit booking resumed after the benchmark indexes notched a new record in the previous session and weaker than expected ISM manufacturing PMI data. At […]

Record date is 04 February 2022

The Company had approached South Indian Bank for ceding a pari passu charge on movable assets in favour of the NCD holders and other banker.

Large precious metals speculators continued to increase their net long positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 213156 contracts in the data reported through December 27, 2021. This […]

AIC STPINEXT INITIATIVES†is a section 8 company incorporated by STPI to act as the nodal agency and common implementation vehicle for various startup and entrepreneurial activities at STPI.

Copper stayed well supported yesterday on firm equities. The Dow hit new record closing high and kept the red metal above $4.40 per pound. The counter is yet again witnessing some selling pressure around five week high of $4.45 per pound. MCX Copper futures closed at Rs 751 per kg, up 0.83% on the day. Meanwhile, the US manufacturing PMI slid to 58.7 in December […]

OPEC and its non-OPEC allies, known collectively as OPEC+, decided to raise its output target by 400,000 barrels per day from next month. Following the formal conclusion of the 23rd OPEC and non-OPEC Ministerial Meeting (ONOMM), the producing nations reconfirmed the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward […]