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The Indian rupee pared some of its sharp losses seen during the week and managed to settle marginally higher against the dollar on Thursday. The rupee had breached the psychologically significant level of 79 per dollar level for the first time ever yesterday and has also hit a series of lifetime lows this month. INR rebounded from its all-time low to close 5 paise higher […]

Copper lingered near a multi-month low as weak equities hurt the sentiments. The US stocks fluctuated after an early sell-off on Thursday but maintained a negative bias throughout the session. The S&P 500 has now seen the worst first half since 1970, with the index plummeting by 20.6%. Copper has not been able to see any buying despite easing of Covid restrictions in China as […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 18 points at the opening bell. Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for June starting from 1 July 2022. Global markets: Overseas, Asian stocks are trading lower on Friday as investors digested positive factory activity data from […]

Auto stocks: Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for June starting from 1 July 2022. Bharti Airtel: Competition Commission of India (CCI) has approved the proposed investment of Rs. 52,243.80 million (USD 700 million) by Google International LLC in the Company, vide issuance of upto 71,176,839 equity shares of face value of Rs. 5/- each by […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 18 points at the opening bell. Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for June starting from 1 July 2022. Global markets: Overseas, Asian stocks are trading lower on Friday as investors digested positive factory activity data from […]

According to an article by ET, the largest apparel manufacturer in Asia, Uniqlo, claimed that consumers in India are moving away from "quick fashion" and toward functional clothing and long-lasting necessities

IRB Hapur Moradabad Tollway has received completion certificate from NHAI for its Hapur to Moradabad six laning highway project in Uttar Pradesh.

By 00:12 GMT, Brent crude futures were up 83 cents, or 0.8%, to $109.86 per barrel. The price of a barrel of WTI crude for August delivery increased by 70 cents, or 0.7%, to $106.46.

The US Energy Information Administration (EIA) reported another large 82 Bcf injection into storage. East led with a 31 Bcf increase in inventories, while the Midwest added 29 Bcf to stocks, EIA said. The South Central region added a net 11 Bcf into storage, which included a 16 Bcf injection into nonsalt facilities and a 6 Bcf withdrawal from saltsPowered by Commodity Insights

COMEX Gold slumped to six-week low on sustained selling pressure as worries over global monetary tightening and lack of retail demand in India weighed. The metal currently trades at $1804 per ounce, down 0.17% on the day. The US Federal Reserve Chairman Jerome Powell told lawmakers on Thursday that aggressive interest rate hikes designed to tame inflation could lift unemployment on Main Street. Powell said […]