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Gold reversed some of its weekend losses near a one-year low on the back of diminishing strength in the dollar in early Asia on Monday. The yellow metal managed to rise above $1700 mark after lingering below the level for the past few days. COMEX gold futures are currently quoting up 0.73% at $1716 an ounce. Nevertheless, hawkish bets of Federal Reserve maintaining an aggressive […]

Aditya Birla Groups metals flagship has signed an MoU with Israel-based Phinergy and IOC Phinergy (IOP).

Copper rebounded on Monday, after touching fresh 20-month lows under $3.20 mark on Friday. The commodity is up 1.52% at $3.29 per pound amid improved economic data. Preliminary data released by the University of Michigan showed a modest improvement in U.S. consumer sentiment in the month of July. The report showed the consumer sentiment index inched up to 51.1 in July from a record low […]

Markets likely to remain volatile

Industrial production in the U.S. unexpectedly edged modestly lower in the month of June, according to a report released by the Federal Reserve. The report showed industrial production slipped by 0.2 percent in June after revised data showed production was unchanged in May. The dip in industrial production partly reflected a continued decline in manufacturing output, which fell by 0.5 percent for the second consecutive […]

With a continued surge in prices for fuel imports partly offset by a decrease in prices for non-fuel imports, the Labor Department released a report showing U.S. import prices crept up by much less than expected in the month of June. Import prices inched up by 0.2 percent in June after climbing by a downwardly revised 0.5 percent in May. Meanwhile, the report showed export […]

About 10% of all two-wheelers produced by BMW Motorrad globally in 2021 were also produced in India.

All pre-packaged cereals, food products weighting up to 25 kg will be subject to this GST

Preliminary data released by the University of Michigan unexpectedly showed a modest improvement in U.S. consumer sentiment in the month of July. Consumer sentiment index inched up to 51.1 in July from a record low 50.0 in June. The unexpected increase by the headline index came as the current economic conditions index climbed to 57.1 in July from 53.8 in June. On the other hand, […]

The US share market finished session higher on Friday, 15 July 2022, as investors responded positively to the latest earnings news and slew of U.S. economic data, including retail sales data. At the close of trade, the Dow Jones Industrial Average index advanced 658.09 points, or 2.15%, to 31,288.26. The S&P500 index was up 72.78 points, or 1.92%, to 3,863.16. The tech-heavy Nasdaq Composite Index […]