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COMEX copper prices are holding near $3.6 levels on Friday following a decent rebound of more than 1.5% in the previous session. Recovery in the metal stalled after pessimistic data from US fuelled growth concerns. US leading economic index fell by 0.4 percent in July following a revised 0.7 percent decrease in June while existing home sales in the U.S. showed another significant decrease in […]

Wipro: Wipro announced that it has been awarded a multi-year contract to deliver Service Integration and Management (SIAM) Services to HM Treasury (HMT). The service will enable seamless integration of IT services across multi-functional suppliers and partners, enhancing the user experience across HMT and its Arms Length Bodies. FSN E-Commerce Ventures (Nykaa): Nykd by Nykaa has opened doors to its first-ever stand-alone, physical retail space […]

Crude oil stayed above $90 per barrel but was seen losing momentum gained in the last couple of sessions. Oil prices were supported on strong fuel demand amid reports of larger than expected US crude stocks draw. However hawkish fed and surge in the dollar coupled with persistent concerns about economic slowdown added pressure on the commodity. WTI crude oil was down quoting lower by […]

A report released by the Conference Board showed a continued decrease by its reading on leading U.S. economic indicators in the month of July. The Conference Board said its leading economic index fell by 0.4 percent in July following a revised 0.7 percent decrease in June. Despite the decrease by the headline index, the report showed the coincident economic index rose by 0.3 percent in […]

The SPV has handed over the Project back to the Authority on August 18, 2022, after the expiry of the Concession Period successfully.

The Reserve Bank of India (RBI) established guidelines for digital lending last week, which led to the current development.

The company released Singh from the position of CEO from the closing of business hours of 17 August 2022.

Supply for these orders shall be completed in next couple of fortnights.

Updation on starting of construction on land acquired for setting up of new production unit.

Strength in dollar overseas is expected to keep rupee under pressure on Friday, August 19, 2022. The US dollar was firm for the third day in a row as investors clung to the safe haven currency for respite. Meanwhile, a hawkish fed in its recent minutes and continued rate hike stance pushed treasury yields higher, supporting dollar. US treasury yields were higher near 2.9% while […]