News Overview

Copper continues to stay under pressure as covid-19 cases kept rising in China, including its capital city Beijing and southern city Guangzhou, increasing concerns about demand from the top metal consumer. Besides, hawkish comments from Federal Reserve officials also dented recent optimism about the outlook for interest rates. US stocks went on another wild ride over the course of the trading day on Thursday. The […]

Asian markets have opened the day on a positive note

The currency ultimately lost 37 paise from its previous close to settling at 81.63 / $

Crude oil prices rebounded by more than 1% in early Asia on Friday following a sharp decline of more than 3% overnight on demand worries as China struggles to get its Covid cases under control within its zero-Covid policy. Further, dollar strength on comments from St. Louis Federal Reserve President James Bullard that a basic monetary policy rule would require interest rates to rise to […]

The cement maker has commenced operation at its third Birla White Wall Care Putty plant in Rajasthan with a capacity of 4 LMT per annum, at a total cost of Rs 187 crore.

The Saudi company's largest investment in South Korea is the Shaheen project, which will create chemicals from crude oil for the first time commercially, according to a statement from Aramco.

In a regulatory statement, the firm stated that it was "unable to fulfil its obligations in respect of the interest on Non-Convertible Debentures that were due on November 16, 2022."

IHH Healthcare invested new capital of Rs 4,000 crore in Fortis in November 2018, acquiring a 31.17% stake.

Brent crude futures recovered 67 cents, rising 0.8% to $90.45 per barrel, but they were still close to a four-week low of $89.53 hit earlier in the day.

Vedanta: Vedanta informed that the companys board of directors will consider the proposal for payment of third interim dividend for the financial year 2022-23 in the meeting to be held on 22 November 2022. The record date for the purpose of determining the entitlement of the equity shareholders for the dividend is 30 November 2022. FSN E-Commerce Ventures (Nykaa): TPG Capital is reportedly likely to […]