News Overview

The EIA, in its Weekly Natural Gas Storage Report indicated that working gas in storage increased by 64 Bcf from the previous week for the week ended 11 November 2022. The inventories now stand at 3,644 Bcf compared to the year-earlier level of 3,640 Bcf and the five-year average of 3,651 Bcf. The South Central build of 35 Bcf led all regions and included a […]

With effect from 18 November 2022

Firm dollar tracking US treasury yields on hawkish comments from the Fed on interest rates weighed on the precious metal. St. Louis Fed President James Bullard showed a graphic suggesting that even dovish assumptions would require the central banks policy rate to rise to at least around 5%, while stricter assumptions suggest it would be above 7%. The dollar index that measures the greenback against […]

The company's profit after taxes in Q2FY23 increased by 167% year over year to Rs 42.42 crore thanks to strong operating income

"The stake deal will further strengthen our strategic partnership with IOCL which is the India’s largest refiner and customer of oil storage tanks,†Adani said.

On November 18's trade, 1 kg of silver is selling at Rs 61,200

The domestic equity barometers extended losses and hit fresh intraday low in mid-morning trade. The Nifty traded tad below the 18,250 level. Pharma shares extended their downfall for third day in a row. At 11:23 IST, the barometer index, the S&P BSE Sensex, was down 300.17 points or 0.49% to 61,450.43. The Nifty 50 index lost 96.70 points or 0.53% to 18,247.20. In the broader […]

Business Wire India Ryan McInerney, President since 2013, to become CEO effective February 1, 2023 Current CEO Alfred F. Kelly, Jr. to become Executive Chairman of the Board after McInerney’s appointment Visa (V: NYSE) today announced the appointment of Ryan McInerney as CEO, effective February 1, 2023. McInerney currently serves as President of Visa, a role he has held since 2013. He will take over […]

In a brand new set of developments at Twitter, most of the personnel are leaving as they do not want to sign the work pledge form sent by Elon Musk.

Finance Minister Nirmala Sitharaman has asked National Investment and Infrastructure Fund (NIIF) to explore opportunities under the National Infrastructure Pipeline (NIP), PM GatiShakti and National Infrastructure Corridor, which include a big pool of investible greenfield and brownfield investment projects. The NIIFs investment should try and crowd in commercial capital into those opportunities, the finance ministry said in a statement on Thursday. Sitharaman while chairing the […]