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The Indian Rupee fell sharply yesterday amid steady movement in the US dollar index as it hovered just under 110 mark. The local currency fell 46 paise against the dollar to close just above 79.80 mark. The key equity indices ended a volatile session with minor losses on Wednesday, snapping a four-day rising streak. The Nifty managed to close above the 18,000 mark after hitting […]

Australias seasonally adjusted unemployment rate increased to 3.5% in August this year, the Australian Bureau of Statistics revealed on September 15. The country previously registered its lowest unemployment rate of 3.4% in July this year. The total amount of unemployed people went up by 14,000 on a monthly basis and reached 487,700. The number of employed people rose by 0.2% or 33,500 compared with July, […]

The housing finance company has revised its reference rates for all loans by 10 basis points.

Tamilnad Mercantile Bank will debut on the stock exchanges today. The issue price is set at Rs 510. The initial public offer (IPO) of Tamilnad Mercantile Bank was subscribed 2.86 times. The issue was open between 5th September to 7th September 2022. The price band of the IPO was fixed at Rs 500-525 per share. Indiabulls Housing Finance, RBL Bank and Delta Corp are under […]

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal said the Automotive Industry is at the inflection point and is poised to grow fast. He was addressing the 62nd Automotive Component Manufacturers Association (ACMA) Annual Session in New Delhi. Goyal remarked that the future of Automotive Component Industry rests on being more Connected, focussing on Convenience, orienting towards […]

The US stock market finished volatile session slight higher on Wednesday, 14 September 2022, as investors chased for bargain hunting following a massive sell-off for stocks on Tuesday, with gains in energy, consumer discretionary, utilities, and tech stocks offset losses in realty, materials, financials, and industrials. At the close of trade, the Dow Jones Industrial Average index rose by 30.12 points, or 0.1%, to 31,135.09. […]

The US Labor Department released a report on Wednesday showing a modest decrease in U.S. producer prices in the month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after falling by a revised 0.4 percent in July. The report also showed the annual rate of growth in producer prices slowed to 8.7 percent […]

Business Wire India BINOMOTO GRAND PRIX Binomoto GP is a $16.000 total prize pool international trading competition. The competition is built in the image of a racing track: 3 laps with prizes on each. The essence is not limited to the idea of the race track, the main prize is an m-m-m-motorcycle. Other prizes are also driving it crazy: 4 Apple devices can be won […]

Global cues are negative today

With effect from 15 September 2022