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COMEX Copper futures saw a sharp slide in last session as the US equities tumbled in early moves. A good recovery was seen in the DOW from intraday lows but the index still closed down half a percent. COMEX Copper also bounced from lows of $4.33 per pound and currently trades up 0.30% at %4.38 per pound. Asian markets are trading in a cautious manner. […]

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Large precious metals speculators continued to increase their net long positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 211355 contracts in the data reported through January 3, 2022. This […]

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The total operating revenue of Antony Waste Handling Cell (tipping revenue from C&T, mechanical power sweeping and waste processing) for Q3 FY22 grew about 22% Y-o-Y (year-on-year), while remaining stable on a sequential basis.

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Rajiv Anand joined the Bank on May 1, 2013, from its asset management arm, Axis Asset Management Co. Ltd., where he was the Managing Director & CEO.

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One 97 Communications: Number of loans disbursed through platform increased by 401 % y-o-y to 4.4 million loans in Q3 FY 2022. GMV processed through platform during the quarter aggregated to approximately Rs 2,501 billion ($33.6 billion), growth of 123% Y-o-Y compared to Q3 FY 2021. Vodafone Idea: The board of directors of the company has approved the conversion of the full amount of interest […]

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US wholesale inventories surged up by 1.4 percent in November after spiking by 2.5 percent in October, according to a report released by the Commerce Department on Monday. The bigger than expected increase in wholesale inventories came as inventories of durable goods shot up by 2.1 percent, while inventories of non-durable goods rose by 0.3 percent. The Commerce Department said wholesale sales also jumped by […]

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 48 points at the opening bell. Global markets: Overseas, Asian stocks are mostly trading lower on Tuesday as investors remain concerned about inflation as well as likely policy tightening from central banks such as the U.S. Federal Reserve. Wall Streets three major indexes staged a late-session […]

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