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The Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September. The ISM said its services PMI slipped to 56.7 in September from 56.9 in August, although a reading above 50 still indicates growth in the sector. Powered by Commodity Insights

The World Trade Organization said on Wednesday that merchandise trade would increase by 3.5% this year, up from its April estimate of 3.0%. However, for 2023, it sees trade growth of just 1.0%, compared with a previous forecast of 3.4%. The WTO said there was high uncertainty over its forecasts. It provided a band of trade growth expansion of 2.0% to 4.9% for this year […]

Brivaracetam Tablets are also eligible for 180 days of shared generic medication exclusivity.

The US Commerce Department said the trade deficit narrowed to $67.4 billion in August from a revised $70.5 billion in July. The decrease in the size of the trade deficit came as the value of imports fell by 1.1 percent to $326.3 billion, while the value of exports dipped by 0.3 percent to $258.9 billion.Powered by Commodity Insights

According to the filing, the company is permitted to obtain funds through a public offering, preferred allocation, private placement, or other means.

Forecast decreased from 3.4% due to impending recession

JSW Energy rallied 3.36% to Rs 303 after the company said that its wholly-owned subsidiary, JSW Neo Energy, has entered into a MoU with the Government of Maharashtra for setting up a 960 MW capacity hydro pumped storage project.

The Indian rupee is likely to stay supported alongside most Asian currencies on Thursday, as pressure from the dollar and Treasury yields eased slightly, although hawkish signals from the Federal Reserve kept gains muted. Meanwhile, foreign portfolio investors (FPIs) bought shares worth Rs 1,344.63 crore is also expected to aid gains in the domestic currency. However, recovery in crude oil could limit gains in the […]

Copper prices rose by nearly 1% on Thursday, hovering near a three week high as equities maintained a firm trend in early Asia and dollar weakness supported the red metal. Stocks in the US also staged a significant recovery attempt after pulling back sharply in early trading on Wednesday but still ended the day modestly lower. Payroll processor ADP released a report showing private sector […]

RTL is a major manufacturer of high-quality forged and turned bearing rings, gear blanks, and other comparable bearing components used in a wide range of industrial and automotive applications.