News Overview

The company said that it received a loan of Rs 267.79 crore from Indias leading financial institution to expand its electric vehicles (EV) business.

Large energy speculators raised their net long positions in the WTI Crude Oil futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 368663 contracts in the data reported through week ended March 1 2022. This was a weekly surge of […]

Till now about 102.29 Lakh farmers have been benefitted with MSP value of Rs1,42,282.68 crore.

Global metal markets saw one of the most wild movements in history on Monday as LME Nickel spiked more than 60%. The metal added more than $10,000 to trade at a 15-year high above $40,000 a tonne mark. The global Nickel inventories are already low and traders fear that the ongoing war between Russia and Ukraine will hit the supplies heavily in near term as […]

Large precious metals speculators sharply increased their net long positions in the Silver futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 44948 net contracts in the data reported through week ended March 1 2022. This was a spurt of 14646 net […]

Japan bank lending was up 0.4 percent on year in February, the Bank of Japan said on Tuesday – coming in at 580.048 billion yen. That follows the downwardly revised 0.5 percent increase in January (originally 0.6 percent). Excluding trusts, bank lending was up 0.3 percent on year to 503.822 billion yen, down from 0.5 percent in the previous month. Lending from trusts gained 0.5 […]

Tata Consultancy Services’ stronghold of Mortgage Operations across geographies, domain expertise, a strong suite of digital offerings, and advisory capabilities, cited as key strengths.

During February coal based power generation decreased by 3.5% compared to January 2022.

Escalating tensions between Russia and Ukraine that is driving crude oil prices at an elevated level adding to heightened worries about domestic inflation and wider trade deficits is expected to keep the Indian rupee cautious in opening trades on Tuesday, 08 March 2022. Besides, dollar strength, sustained foreign fund outflows and a lacklustre trend in domestic equities could also weighed on investor sentiment. On Monday, […]

Tata Consultancy Services (TCS): TCS has been positioned as a Leader in the Everest Group PEAK Matrix for Mortgage Operations. The report highlights TCS stronghold of mortgage operations across geographies, covering the entire value chain from front to back office. Wipro: Wipro announced the appointment of Turki Bin Nader as General Manager and Country Head for the Kingdom of Saudi Arabia (KSA). Great Eastern Shipping […]