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Siemens: Siemens has emerged as the lowest bidder (L1) for the 9000 HP Electric Locomotives project in Dahod, Gujarat, India. GMR Airports Infrastructure: GMR Airports (GAL), the airport business holding entity and a subsidiary of GMR Airports Infrastructure (formerly known as GMR Infrastructure) and NIIF (National Investment and Infrastructure Fund) announce a financial partnership for NIIF to invest in the equity capital of three airport […]

Uniparts India IPO is entirely an offer-for-sale issue. the company will list on December 12 on BSE and NSE.

Reflecting a decrease in the value of exports and an increase in the value of imports, the Commerce Department released a report showing the U.S. trade deficit widened in the month of October. The report said the trade deficit widened to $78.2 billion in October from a revised $74.1 billion in September. The wider trade deficit came as the value of exports slid by 0.7 […]

Most Asian markets have started the day in red today

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 35 points at the opening bell. The Reserve Bank of India (RBI) started its bi-monthly policy review with the Monetary Policy Committee (MPC) meeting on Monday (5 December). The policy outcome will be disclosed on today, 7 December 2022. More than the quantum of rate hikes, […]

NIIF (National Investment and Infrastructure Fund) will invest Rs 631 crore in upcoming greenfield airport at Mopa, North Goa.

The Indian rupee is expected to stay cautious in opening trades on Wednesday, ahead of the crucial RBI monetary policy announcement later today. Meanwhile, tepid Asian equities tracking a lower end at Wall Street is also likely to keep rupee sentiments under stress. A strengthening dollar may also weigh on sentiment as investors await the outcome of next weeks Federal Reserve meeting. On Tuesday, rupee […]

Abrdn Investment Management will stop being a co-sponsor of HDFC Mutual Fund as a result of the stake sale.

Brent crude futures increased by 17 cents, or 0.2%, to reach $79.52 a barrel. The benchmark dropped below $80 in the most recent session for the second time in 2022.

The final policy meetings of the year for several of the most powerful central banks will take place the following week, and most of the market activity over the past month has been centred on how little, rather than how much, they would hike interest rates.