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Copper rebounds in early Asia on Wednesday, despite more restrictive measures in China as the country reports more than 1000 new coronavirus cases for the first time since May 20. As China maintains a strict zero-Covid policy despite its mounting economic costs, rise in cases would call for lockdown. However, recovery in global stocks and easing concerns that Fed would go with an oversized rate […]

The American Petroleum Institute (API) on Tuesday reported an increase of 1.86 million barrels of crude oil in U.S. inventories for the week ending July 15. The build comes as the Department of Energy released 5 million barrels from the Strategic Petroleum Reserves in Week Ending July 15 to 480.1 million barrels. The API reported a surge of 4.762 million barrels in the previous week. […]

The Indian rupee is expected to see some recovery as dollar stays on backfoot in early Asia on Wednesday, 20 July 2022. The dollar index is down for the fourth consecutive day, its lowest level in almost two weeks. The dollar index, that measures the greenback against a basket of currencies was down 0.12% at 106.41. Foreign investors have also resumed buying the in the […]

Gold maintains upside momentum although marginal, sustaining above $1700 mark as dollar chooses to stay on backfoot. The dollar index is down for the fourth consecutive day, its lowest level in almost two weeks. The dollar index, that measures the greenback against a basket of currencies was down 0.12% at 106.41. Gold futures for August was marginally lower at $1,709.65 an ounce. However, a rally […]

Re-opening of Kochi Plant shall be intimated separately to the Stock Exchange, the company said.

Lupin Diagnostics will provide accurate diagnoses to doctors throughout the patient journey by leveraging innovative technologies for enhanced patient care.

Karnataka is the top FDI Equity recipient state in R&D followed by Telangana and Haryana.

RBI Plans on implementing a new four-tiered framework for Urban Cooperative Banks(UCBs), find the details here.

After reporting a steep drop in new residential construction in the U.S. in the previous month, the Commerce Department released a report showing a continued decline in housing starts in the month of June. Housing starts slumped by 2.0 percent to an annual rate of 1.559 million after plunging by 11.9 percent to a revised rate of 1.591 million in May. Housing starts continued to […]

Various automobile companies witnessed healthy growth in their exports with Maruti being the top exporter