News Overview

The board has also approved grant of 10,29,300 additional Stock Options to eligible employees under CAGL ESOP 2011.

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A good recovery was seen in MCX Gold futures yesterday with the counter ending up 0.78% at Rs 51767 per 10 grams. The overall price action is still sideways and upper Bollinger Band on four hourly chart, currently placed at 51839 could act as a moderate resistance. Similar cues are emerging on 1 hour chart as well. A break above will take up the futures […]

Concerns regarding higher crude oil prices is expected to extend pressure on the Indian rupee on Thursday, 24 March 2022. Crude oil prices crossed $114 per barrel amid fears of prolonged supply disruptions. Oil prices impact Indias current account deficit and trade balance significantly as India imports more than 80% of its oil needs. Besides, dollar recovers after a sharp fall overnight to further weigh […]

Business Wire India Solidus Labs, the category-definer for crypto-native market integrity solutions, announced today the launch of HALO, the first automated, comprehensive and testable trade surveillance and market integrity hub tailored for digital assets.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220323005138/en/   Halo by Solidus Labs (Photo: Business Wire) HALO’s launch will be instrumental in shaping the future of financial […]

Global Processing Services Announces New Partnership With Mastercard to Power ‘Next Generation Payments’ Technology to Global Fintechs

WTI Crude surged around 5% to approach $115 per barrel mark as falling US inventories boosted the buying support. The US crude oil stockpiles fell yet again, the Energy Information Administration said on Wednesday. Crude oil inventories declined by 2.508 million barrels last week. Distillate stockpiles, which include diesel and heating oil also fell by 2.071 million barrels while Gasoline inventories fell 2.947 million barrels […]

Copper spiked impressively, hitting around two week high of $4.78 per pound as supply worries boosted sentiments. Media reports stated that protests continue to disrupt copper mines with Southern Coppers Cuajone mine closed for three weeks and ongoing threats to disrupt Las Bambas and some BHP operations. Soaring Covid-19 cases are also likely to affect Chinese smelting activity. Copper broke above $4.70 per pound mark […]

Gold saw good gains in last session, hitting around one week high but overall movement was sideways. The metal has rebounded from around one week low near $1910 per ounce but the prospects of aggressive US monetary tightening is keeping the overall activity under check. The Indian demand scenario is looking steady after the recent correction in spot prices though a meaningful spurt will see […]

US new home sales slumped by 2.0 percent to an annual rate of 772,000 in February after plunging by 8.4 percent to a revised rate of 788,000 in January, according to a report released by the Commerce Department on Wednesday, from the 801,000 originally reported for the previous month. With the unexpected drop, new home sales continued to give back ground after reaching their highest […]