News Overview

The December quarter of FY22 will also a play role in influencing markets sentiments.

Strength in the dollar overseas ahead of the Fed meeting next week is likely to continue to keep the Indian rupee under pressure in early trades on Wednesday, 19 January 2022. Besides, elevated crude oil prices and pessimistic global cues could further weigh on investor sentiments. On Tuesday, rupee extended decline for the third consecutive session by 33 paise to close at 74.58 against the […]

OPEC noted in a monthly update that the global GDP growth forecasts for 2021 and 2022 remain unchanged at 5.5% and 4.2%, respectively. The US is estimated to grow by 5.5% in 2021, while growth for 2022 is slightly lowered to 4%. Euro-zone economic growth for 2021 is revised up to 5.2%, while growth for 2022 remains unchanged at 3.9%. Japans economic growth forecast for […]

The US builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the year. Builder confidence fell one point to 83 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything above 50 is considered positive, but that is the first drop in four months. The index also stood […]

Towards prepayment of all deferred spectrum liabilities

Gold cut losses after rising US treasury yields weighed on the metal. The COMEX Gold futures fell to a one week low near $1800 per ounce following profit booking after a latest surge. However, weak US equities capped the losses and the counter moved up. The US stocks tanked on Tuesday. NASDAQ fell to a three month low. MCX Gold closed in green with weak […]

Copper stayed under pressure yesterday amid mostly tepid economic cues. The US Builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the year. Builder confidence fell one point to 83 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything above 50 is considered positive, but that is […]

Jubilant Foodworks has launched the iconic US Fried Chicken brand Popeyes? in India, with the grand opening of its first restaurant in Bengaluru today. Popeyes?, best known for its spicy New Orleans style fried chicken & Chicken Sandwich, aims to delight Indian guests with the bold and delicious flavours of its Louisiana-style chicken. Powered by Capital Market – Live News

Spiking US treasury yields has lifted the dollar with all focus next weeks meeting of the U.S. Federal Reserve, which is highly anticipated to signal a rate hike in March for the first time in more than three years. The dollar index stayed firm in early Asian trades, after posting its best daily gain in two weeks in the previous session and rising to a […]

OPEC stated in its monthly update for January 2022 that world oil demand growth in 2021 is unchanged from last month’s assessment at 5.7 mb/d to average 96.6 mb/d. An upward revision in 4Q21, amid better-than-anticipated transportation fuel consumption in the OECD, was offset by a downward revision in 3Q21 given the latest actual data. Oil demand growth in the OECD is estimated to have […]