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The US stocks continued downward move on Tuesday, 23 August 2022, with the Dow and the S&P 500 both closing lower for a third straight session, after weaker than expected economic data heightened concerns about the health of the US economy. Risk sentiments also weighed down ahead of Fed Chair Jerome Powells speech at the annual gathering of central bankers in Jackson Hole, Wyoming on […]

The new digital lending guidelines, which the aggregators and their advocacy group Fintech Association for Consumer Empowerment (FACE) claim will put their business model in jeopardy

According to the report, which cited people with knowledge of the situation, the corporation has been collaborating with suppliers to increase production in India and reduce the time it takes to produce new iPhones from the usual six to nine months for prior launches

Market participants reported that Canara Bank intends to issue Rs2,000 crore, of which Rs1,000 crore will come from Basel-III Tier-II bonds expiring in 10 years.

The company anticipates that its market dominance in important product categories and the strong demand outlook will propel business growth and profitability.

Copper retreated in early Asia on Wednesday from a near two -month high held in the previous session tracking gains in greenback. Sharp decline in US stocks amid worries of economic slowdown and tighter interest rates after data showed U.S. business activity dropped for a second straight month and the fastest pace as well since May 2020 too weighed on the base metal. The Dow […]

In today's early trade, gold prices decreased by Rs700 per 10 grams, and gold is currently trading at Rs51,230.

For replacement of airbag control unit

From 10,000 MVAR (kilowatt ampere reactive), the capacity to manufacture power quality equipment has been increased to 22,000 MVAR

The American Petroleum Institute (API) reported a large draw last week for crude oil of 5.632 million barrels. The build comes as the Department of Energy released a massive 8.1 million barrels from the Strategic Petroleum Reserves in week ending August 19, leaving the SPR with just 453.1 million barrels. U.S. crude inventories have shed some 67 million barrels since the start of 2021, with […]