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The shadow banking sector has been in a protracted crisis since the collapse of the two largest non-banking financial companies (NBFCs), IL&FS and Dewan Housing Finance Ltd (DHFL).

The project is planned to be completed within the next quarter.

Dr Reddy's Laboratories Ltd. reported in a regulatory filing that it and other generic pharmaceutical companies have been identified as defendants in a complaint that was filed on November 18, 2022, in the District of New Jersey, USA.

Copper dragged lower on Wednesday after Paris-based OECD forecast global growth to ease to 2.2 percent next year from 3.1 percent in 2022. In 2024, growth is projected to be 2.7 percent, helped by initial steps to ease policy interest rates. Meanwhile, rising COVID-19 cases in the worlds top metal consumer China weighing on sentiment, while investors awaited more clues on U.S. interest rates ahead […]

The record date for the purpose of payment of dividend is Wednesday, November 30, 2022.

Gold stayed cautious in early Asia on Wednesday, as dollar steadied ahead of release of minutes of the Federal Reserves policy meeting that could offer clues on the outlook for inflation and interest rates. The Fed on Wednesday will release the minutes from its most recent meeting, with investors looking for any sign of discussions around moderating the pace of interest rate hikes. The dollar […]

Crude oil inventories sagged by another 4.8 million barrels, American Petroleum Institute (API) data showed on Tuesday, after dropping 5.8 million barrels in the week prior. U.S. crude inventories may have grown by roughly 21 million barrels so far this year, according to API data, but crude stored in the nations Strategic Petroleum Reserves sunk by nearly 10 times that figure so far this year? […]

The global economy faces significant challenges as severe energy crisis pushed up inflation and lowered economic growth all around the globe, necessitating policy actions to combat inflation and targeted fiscal support to vulnerable section, the Organization for Economic Co-operation and Development said in its Economic Outlook. OECD forecast global growth to ease to 2.2 percent next year from 3.1 percent in 2022. In 2024, growth […]

Wipro CRS Europe will offer the new consulting capability, which will complement Wipro's existing cybersecurity services and allow clients to access its full set of capabilities, from strategy and implementation to managed services.

Spark Minda will integrate LocoNav developed software with its inhouse developed telematic devices.