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With effect from 12 August 2022

WTI Crude oil saw solid gains. Supply concerns after Russia tightened its gas squeeze on Europe and prolonged weakness in the dollar supported crude oil. Besides, large draw in crude inventories as reported by several agencies too contributed to gains in the commodity during the week. The US West Texas Intermediate (WTI) crude futures for September delivery pushed up above $98 per barrel mark. The […]

At meeting held on 28 July 2022

COMEX Gold futures soared amid weakness in the US dollar, hitting one month high above $1780 per ounce. The dollar index eased near a week low around 106, tracking lower treasury yields following Fed rate decision. The Federal Reserve announced its decision to raise interest rates by 75 basis points. The Fed said it decided to raise the target range for the federal funds rate […]

To be held on 06 August 2022

Copper consolidated at higher levels on weakness in dollar and continued fall in copper inventories that kept the commodity supported all through the week. The commodity mostly sidelined reports that Chinas top leaders signaled that no big stimulus for economic growth was on the way, and downplayed the necessity of achieving the ?around 5.5%? GDP target. COMEX copper approached $3.60 per pound, adding to recent […]

Record date is 19 August 2022

Elgi Equipments has acquired 14,40,000 shares constituting 6.55% of paid up share capital in First Energy TN 1 (FETPL). The object of acquisition of 6.55% shareholding is to comply with the minimum shareholding requirement of 26% under the captive project rules along with other captive users. FETPL develops and operates captive power plant and solar power plant on built-own-operate basis to undertake business and meet […]

Indias eight core sectors recorded a growth of 12.7% in June, slowing from an upwardly revised 19.3 percent in May, the commerce ministry said yesterday. Output in seven of the eight core sectors grew in June. production of coal rose 31.1% year-on-year in June, and electricity generation rose 15.5%. Refinery products output grew 15.1 percent while fertilisers production gained 8.2 percent in June from a […]

Record date is 12 August 2022