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Gold is extending downward momentum amid broad strength in the US dollar and recovery in US benchmark yields expecting a rather oversized interest rate hike by the Federal Reserve. The dollar index rose to a fresh 20-year high of 109.29 before paring some gains and is currently quoting at 108.43. The Fed is expected to continue its already aggressive stance after reports revealed that US […]

Tata Elxsi gained 2.03% to Rs 7956.40 after the design led technology service provider reported 62.9% rise in net profit to Rs 184.72 crore on 30% increase in revenues from operations to Rs 725.89 crore in Q1 FY23 over Q1 FY21.

The Housing Finance sector has been experiencing a tide of transformation in the recent times.

First-time claims for U.S. unemployment benefits unexpectedly inched higher in the week ended July 9th, according to a report released by the Labor Department. The report showed initial jobless claims crept up to 244,000, an increase of 9,000 from the previous weeks unrevised level of 235,000. The Labor Department said the less volatile four-week moving average also edged up to 235,750, an increase of 3,250 […]

Forays into the growing nutritional wellness space.

Syngene International gained 2.84% to Rs 603.70 after the company announced the signing of a 10-year agreement with Zoetis, to manufacture the drug substance for Librela (bedinvetmab).

A report released by the Labor Department showed U.S. producer prices increased by more than expected in the month of June. Producer price index for final demand jumped by 1.1 percent in June after climbing by an upwardly revised 0.9 percent in May. The faster than expected producer price growth came as energy prices skyrocketed by 10.0 percent amid an 18.5 percent spike in gasoline […]

The Indian rupee is seen all set to breach of Rs 80 per dollar on Friday, 15 July 2022 amid a strong greenback overseas. While wholesale inflation remained double-digit for 15 straight months to June, deterioration in the countrys current account deficit and forex outflows dragged the local unit near to the psychological low level of 80 against the greenback. A sharp correction in crude […]

Record date is 27 July 2022

Launches two-wheeler Fiber Parts with 1500+ variants.