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The Indian rupee is expected to gain some support as dollar pares overnight gains and trades slightly weak in early Asia. However, growing likelihood of Fed continuing with aggressive stance on rate hikes on the back of improved data from the US could limit sharp gains in the domestic unit. Sustained foreign fund outflows and weakness in Asian markets tracking a lower close on Wall […]

Crude oil saw good recovery in early Asia on Tuesday as dollar gave up overnight surge built on the back of improved US data ramping up fears of persistent inflationary pressures, which could keep interest rates elevated for longer than expected. Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+ have held their output targets steady ahead of […]

Copper is seen consolidating near two week highs despite a sharp slump overnight following a surge in dollar on prospects of further aggressive rate hikes by the Fed. Metals came under renewed pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and offset optimism over a potential recovery in Chinese demand. COMEX Copper futures edged up […]

A report released by the Institute for Supply Management showed U.S. service sector activity unexpectedly grew at an accelerated rate in the in the month of November. The ISM said its services PMI climbed to 56.5 in November from 54.4 in October, with a reading above 50 indicating growth in the sector. The unexpected advance by the headline index partly reflected a significant acceleration in […]

The deal has been given the green channel route approval, which means that a transaction has been informed to the competition watchdog and poses no risk of having a significant negative impact on competition

The partnership will provide the banks diverse customers access to the insurers portfolio and enhance penetration across India.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 105 points at the opening bell. The Reserve Bank of India (RBI) started its bi-monthly policy review with the Monetary Policy Committee (MPC) meeting yesterday. The bi-monthly policy review is expected to come out on 7 December 2022. More than the quantum of rate hikes, domestic […]

Chief Executive of AB InBev's Asia-Pacific region, Jan Craps, met with Chief Minister Basavaraj Bommai on Monday and expressed interest in increasing investments in the State, according to a statement from the CMO.

Here are the top 10 stocks for today that may show price movement.

The US broker-dealer, which is registered with FINRA, has launched two more pre-built Vests in collaboration with Xumit Capital and Ethical Advisors, allowing merchants to invest in them.