News Overview

Talk of ongoing rate increases by US Fed policymakers also devalues the currency

Lupin said that its corporate social responsibility (CSR) arm, Lupin Human Welfare and Research Foundation (LHWRF) has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to strengthen healthcare system.

Dollar weakness in early Asia on Tuesday is likely to augur well for the Indian rupee in opening trades. The dollar index tracked US treasury yields lower as the latest comments from the Federal Reserve (Fed) officials failed to bolster the previously hawkish bias. Cleveland Fed President Loretta Mester said the central bank can downshift to smaller interest rate hike increments from next month. The […]

According to news reports, the National Asset Reconstruction Company Ltd. (NARCL) submitted a legally-binding offer of Rs860 crore last week to assemble the debt of the oil and fuel exploration company VOVL.

Jubilant FoodWorks rose 1.09% to Rs 542.45 after the food services company has received approval of its board to set up a subsidiary to run Dominos Pizza business in Nepal.

Copper rebounds in early Asia on Tuesday following a sharp decline overnight amid concerns about the outlook for the global economy that contributed to the weakness on Wall Street amid a surge in new Covid cases in China. China reported the death of three people after contracting Covid, marking the first Covid-related deaths that Chinas mainland has reported since May. The surge in new cases […]

This license is required for any company or technology provider conducting local SMS business; it is also required to host local platforms in the country to ensure all data is stored locally and meets the data security guidelines of the region.

Nepal Subsidiary is yet to be incorporated.

The US stock market finished session in negative territory on Monday, 21 November 2022, as losses in energy, consumer discretionary, and technology stocks overshadowed gains elsewhere, due to concerns about the outlook for the global economy. At the close of trade, the Dow Jones Industrial Average index was down 45.41 points, or 0.13%, to 33,700.28 The S&P500 index sank 15.40 points, or 0.39%, to 3,949.94 […]

The Company has been awarded the tender for supply, installation, testing, commissioning and comprehensive annual maintenance contract of telecom material.