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Gold sank to its lowest level in a month in early Asia on Monday, tracking sharp spike in the US dollar following a hawkish Fed speech at the much awaited Jackson Hole conference on Friday. Fed Chairman Jerome Powell said, ?Restoring price stability will take some time, require using central banks tools forcefully,?. The policymaker also stated that restoring price stability will likely require maintaining […]

The company is in discussion with family offices and early-stage investors for the fund raise.

Early on Monday, gold and silver prices were stable, with ten grams of the gold trading at Rs51,600

The number of total active drilling rigs in the United States rose by 3 last week, according to new data from Baker Hughes published on Friday, interrupting a three-week decline. The total rig count rose to 765 this week?257 rigs higher than the rig count this time in 2021. Oil rigs in the United States rose by 4 this week, to 605. Gas rigs fell […]

To provide high-end engineering services for BMWs suite of infotainment consoles

Copper dropped to a one-week low tracking sharply lower equities reacting negatively to remarks by Federal Reserve Chair Jerome Powell. The major averages in US more than offset the upward move seen over the two previous sessions, falling to their lowest levels in a month. The Dow plunged 1,008.38 points or 3 percent to 32,283.40, the Nasdaq dove 497.56 points or 3.9 percent to 12,141.71 […]

The Commerce Department released a report showing US personal income increased by 0.2 percent in July after climbing by an upwardly revised 0.7 percent in June. Personal income less of personal current taxes also crept up by 0.2 percent in July. Meanwhile, personal spending inched up by 0.1 percent in July after jumping by 0.1 percent in June. Personal savings as a percentage of disposable […]

The consumer sentiment in the US improved by much more than previously estimated in the month of August, as per the data released by University of Michigan. The report showed the consumer sentiment index for August was upwardly revised to 58.2 from the previously reported 55.1. With the much bigger than expected upward revision, the consumer sentiment index is well above the final July reading […]

Speaking of the upcoming holiday season and Big Billion Days (BBD), Flipkart's biggest discount sale, Badri predicted that demand will increase and that this year's sale will be the best holiday sale ever.