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COMEX Copper futures slipped in last week, giving up from two week highs on worries about the fallout from Chinas lockdowns in major cities. Market also remained worries about demand in emerging economies. The IMF cut global growth estimates in a latest update that noted that monetary tightening by central banks of advanced economies may stoke inflation in emerging markets due to currency depreciation, necessitating […]

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WTI Crude oil futures turned lower amid broad weakness equities and a firm US dollar index. Oil eased after recent gains failed to sustain as investors worried about the likelihood of slowing economic growth on the back of aggressive monetary policy tightening as well as the impact of the ongoing war in Ukraine. WTI Crude oil fell near $102 per barrel mark. Meanwhile, the EIA […]

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With effect from 23 April 2022

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Strength in the US dollar added pressure on Gold on Friday, putting the bullion on course for its first weekly loss in three. The US dollar edged higher tracking benchmark treasury yields higher as Fed chief Jerome Powell added to expectations for aggressive Federal Reserve monetary tightening. The benchmark 10-year US Treasury yield climbed near 3%, around its highest level since December 2018. Meanwhile, the […]

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Wendt (India) reported a 40.9% rise in consolidated net profit to Rs 7.47 crore in Q4 FY22 from Rs 5.3 crore posted in Q4 FY21.

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Firstsource Solutions will grow operations across the UK and will invest to create around 1,000 new jobs over the next 12 months across South Wales, the Midlands and cities in the Northern Powerhouse.

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With effect from 22 April 2022

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RailTel Corporation of India has received work order from Electronics & information Technology Department, Government of Odisha for Provisioning of secondary bandwidth and replacement of equipment along with implementation of SDWAN for OSWAN project for a period of five years at a total cost of Rs. 122.08 crore (Inclusive of GST). Powered by Capital Market – Live News

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With effect from 22 April 2022

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