News Overview

A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of November. The Philly Fed said its diffusion index for current activity tumbled to a negative 19.4 in November from a negative 8.7 in October, with a negative reading indicating a contraction in regional manufacturing activity. With the unexpected slump, […]

The Indian rupee is expected to see some recovery tracking positive equities and as greenback came off overnight highs. Dollar climbed yesterday on comments from St. Louis Fed President James Bullard 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 […]

“The establishment of Wipro’s new facility in Dubai reflects the emirate’s growing profile as a global hub for the world’s leading information technology companies.

Record date is 30 November 2022

Vedanta rose 2.83% to Rs 315.90 after the mining company announced that its board will meet on Tuesday, 22 November 2022 to consider and approve third interim dividend for the financial year 2022-23.

Paytm, Nykaa, Zomato, Policybazaar, Delhivery among these companies

The Company merges as the Lowest Bidder for the project floated by Government of Madhya Pradesh-Water Resources Department.

The current market cap of the company is Rs2,989.76 crore.

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 […]

Time period by which the order is to be executed is February 2023, the company said.