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Gold is lingering near the flat line on Tuesday as gains from dollar weakness is offset by a sharp rally in Bitcoin. Bitcoin futures soared more than 4% to hit above $22000 mark in the previous session and continues to hover near the levels, weighing down the precious metal. COMEX gold is currently down 0.27% at $1705.50 per ounce. However, lower Asian stock markets on […]

Hero MotoCorp: Hero MotoCorp launched an exclusive Rally Edition of its widely popular motorcycle Xpulse 200 4V. IndusInd Bank: IndusInd Banks board approved raising funds through debt securities in any permitted mode on a private placement basis as may be decided, for an aggregate amount not exceeding Rs. 20,000 crore or its equivalent amount in such foreign currencies as may be necessary. Jubilant FoodWorks: Jubilant […]

RBI cited the lender's deteriorating financial status as the reason for these steps.

With high inflation and increased interest rates stalling the housing market, the National Association of Home Builders released a report showing a substantial deterioration in U.S homebuilder confidence in the month of July. The report showed the NAHB/Wells Fargo Housing Market Index plunged to 55 in July from 67 in June. The index gauging current sales conditions plummeted to 64 in July from 76 in […]

Copper continues to stay under pressure as growing China covid concerns coupled with persistent economic slowdown worries continue to stir demand worries. The red metal is lingering near $3.2 per pound, down more than 1% on the day. As per media reports, Chinas financial hub, Shanghai, has widened mass testing in 12 of the citys 16 districts that are home to around 20 million people. […]

Convergence Energy Services, a state-owned company, has partnered with Three Wheels United, a fintech company that specializes in electric vehicle financing, to purchase 70,000 electric three-wheelers over the next five years.

The US share market finished session into a negative territory after wiping out early gains on Monday, 18 July 2022, on caution ahead of the release of earnings news from a slew of big-name companies later this week and next weeks Federal Reserve meeting. At the close of trade, the Dow Jones Industrial Average index declined 215.65 points, or 0.69%, to 31,072.61. The S&P500 index […]

Ex-showroom price at Rs.1.52 lakh

According to tanker tracking data analyzed by Bloomberg, Russian seaborne crude oil exports to Asia and specifically India and China have been on a decline.

The cumulative growth for the period April- May, 2022-23 over the corresponding period of previous year has increased 9.4 percent.