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With effect from 21 July 2022

Australian share market finished choppy session higher on Thursday, 21 July 2022, on the back of strength in banking stocks partially offset by weakness among energy stocks. At closing bell, the benchmark S&P/ASX200 advanced 35.07 points, or 0.52%, to 6,794.28. The broader All Ordinaries index added 43.18 points, or 0.62%, to 7,018.40. Shares of financials were top gainers on the benchmark, with Australia and New […]

The Indian rupee recovered from its all-time low of 80.06 to close 20 paise higher at 79.85 (provisional) against the US dollar on Thursday following overall weakness in crude oil prices and fresh foreign fund inflows. At the interbank forex market, the local unit opened lower at 80.03 against the greenback and fell further to an intra-day low of 80.06. The local unit recouped losses […]

Japanese share market finished higher for sixth straight session on Thursday, 21 July 2022, as risk appetite buying continued after the Bank of Japan maintained its ultra-loose monetary policy, while lowering its growth forecast for 2022 and raising its inflation predictions. At closing bell, the 225-issue Nikkei Stock Average advanced 122.74 points, or 0.44%, to 27,803, its highest close since June 2022. The broader Topix […]

The benchmark indices closed with decent gains on Thursday. The Nifty scaled above the 16,600 mark. Trading was volatile due to expiry of weekly index options on the NSE today. A reversal in foreign fund selling in the Indian market helped improve sentiment. Media and banks shares were in demand. On the other hand, pharma and healthcare shares declined. The S&P BSE Sensex, was up […]

At 79.92/95 per Dollar

RBL Bank reported standalone net profit of Rs 201.16 crore as against a net loss of Rs 459.47 crore in Q1 FY23 over Q1 FY22.

Business Wire India Vikaash Khdloya, CEO, Embassy REIT Achieves highest quarterly deal activity since April 2019 listing; signs 25 deals totaling 1.8 msf Secures 550k sf pre-commitment from JP Morgan at Embassy TechVillage in Bengaluru Grows NOI by 9% YoY; ₹27 bn capex investment on development pipeline to drive growth Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT […]

Non-profit claims that its entrepreneurship challenge programs have helped 430000 young people globally

The Asian Development Bank of ADB has revised the growth forecasts for developing Asia from 5.2% to 4.6% for 2022 and from 5.3% to 5.2% for 2023, reflecting worsened economic prospects because of COVID-19 lockdowns in the Peoples Republic of China (PRC), more aggressive monetary tightening in advanced economies, and fallout from Russias protracted invasion of Ukraine. The inflation forecast for developing Asia is revised […]