News Overview

The Indian rupee could likely recover in opening trades on Wednesday, 02 February 2022 as investors come into consensus with the Budget presented by the Union Budget yesterday. Besides, positive global market cues and weakness in the dollar overseas could also aid sentiments. However, rising crude oil prices could restrict gains in the local unit. On Tuesday, rupee pared its initial gains and settled 17 […]

COMEX Copper futures spiked in last session as a bounce from five week lows extended amid mostly supportive economic cues and a deep slide in the US dollar index. The US manufacturing activity continued to slow in the month of January, the Institute for Supply Management revealed in a report on Tuesday. The ISM said its manufacturing PMI fell to 57.6 in January from a […]

Strong performance is expected on all key parameters

US manufacturing PMI fell to 57.6 in January from a revised 58.8 in December, although a reading above 50 still indicates growth in the sector, the Institute for Supply Management revealed in a report on Tuesday. The index decreased for the third straight month, slipping to its lowest level in over a year. The continued decline by the headline index came as the new orders […]

US construction spending inched up by 0.2 percent to an annual rate of $1.640 trillion in December after climbing by 0.6 percent to a revised rate of $1.637 trillion in November, the Commerce Department reported on Tuesday. The uptick in construction spending came as spending on private construction advanced by 0.7 percent to an annual rate of $1.293 trillion. Spending on residential construction jumped by […]

Tech Mahindra: The IT major reported 2.2% increase in consolidated net profit to Rs 1369 crore on 5.2% rise in revenue to Rs 11451 crore in Q3 December 2021 over Q2 September 2021. Adani Ports & Special Economic Zone (APSEZ): The company reported 6% fall in consolidated net profit to Rs 1479 crore on 1% rise in operating revenue to Rs 3797 crore in Q3 […]

DCBL had received an order dated January 29, 2022, from APPCB for the closure of one of its cement plant at Kadapa.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 115 points at the opening bell. Global markets: Overseas, Asian stocks are trading higher on Wednesday, with multiple major markets in Asia remaining closed for the Lunar New Year holidays. Markets in mainland China, Hong Kong, Singapore and South Korea are closed on Wednesday for the […]

Tata Consultancy Services’ digital engineering capabilities, cross-industry innovation, and talent pool are cited as strengths.

With over 25 years of Banking experience and 8 years of corporate experience Shri Saxena is a Commerce graduate and holds a master’s degree in Business Administration along with CAIIB