News Overview

Sharp rise in crude oil prices is expected to send negative signals for the Indian rupee in opening trades on Friday, 04 February 2022, although weakness in dollar could limit losses in the local currency. Lack of impetus from global markets could further add to rupee woes. On Thursday, rupee declined 5 paise to close at 74.88 against the US dollar. At the interbank foreign […]

The companies have now signed a contract for the procurement of technical goods for the global production facilities of the specialty chemicals company

Adani Ports & Special Economic Zone announced its monthly business update before market hours today, 4 February 2022.

Sales rise 4.34% to Rs 4087.48 crore

With its end-to-end managed services Tata Communications IZOâ„¢ SDWAN enables enterprises to manage a secure network transformation through a unified customer experience platform

ITC: The company reported 12.7% rise in consolidated net profit to Rs 4156.20 crore on 31.3% rise in gross revenue rose to Rs 16633.86 crore in Q3 FY22 over Q3 F21. The board has recommended Interim Dividend of Rs. 5.25 per share for the financial year ending 31st March, 2022. Lupin: The pharma company reported consolidated net profit of Rs 549.1 crore in Q3 FY22 […]

US factory orders fell by 0.4 percent in December after surging by an upwardly revised 1.8 percent in November, the Commerce Department reported on Thursday. The pullback in factory orders came as durable goods orders slid by 0.7 percent in December after spiking by 3.2 percent in November. Orders for non-durable goods also edged down by 0.2 percent in December following a 0.5 percent increase […]

US services PMI dipped to 59.9 in January after slumping to 62.3 in December, although a reading above 50 still indicates growth, a report released by the Institute for Supply Management on Thursday showed. With the relatively modest decrease, the services PMI continued to give back ground after reaching a record high of 68.4 in November. The continued drop by the headline index reflected a […]

The Labor Department released a report on Thursday showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 29th, the lowest reading in 3 weeks as demand for labour remains strong and the impact of the spread of the omicron coronavirus variant apparently starts to fade. The report showed initial jobless claims dipped to 238,000, a decrease of 23,000 […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 64 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Friday, following heavy losses overnight on Wall Street that saw the tech-heavy Nasdaq Composite plunging nearly 4%. Markets in Hong Kong returned to trade on Friday after being closed for most […]