Copper prices are seen recovering from a near 20-month low as dollar takes a breather after shooting to fresh two-decade highs during the week. The dollar index, which climbed to a fresh 20-year high at 107.26, is currently down nearly 0.20% at 106.68. Nevertheless, resounding worries of global recession coupled with China fighting nascent COVID-19 flare-ups across the country with mass testing and fresh restrictions […]
The 2-wheeler maker has forayed into the premium lifestyle segment by launching the industry-first modern-retro motorcycle.
States will get a total Revenue Deficit Grant of Rs86,201 crore in 2022-23.
Given the recent declines in the prices of major commodities like copper, steel, aluminium, palm, and crude oil over the past three to four weeks, packaged consumer goods and consumer electronics companies may experience an improvement in their profit margins in September.
Gold is seen bouncing higher in early Asia in response to a slight weakness in the American currency that is paring gains following a sharp spike since early this week. The dollar index, which climbed to a fresh 20-year high at 107.26, is currently down nearly 0.20% at 106.68. However firm US treasury yields following the Federal Open Market Committee (FOMC) Minutes that saw Fed […]
As stockpiles build up in major export destinations due to sluggish demand, order books of Indian exporters have started to contract.
Titan Company: Sales in QIFY23 grew 205% YoY on a low base and clocked 3-year CAGR of 20.5% over Q1FY20. The network expansion and campaigns continued to progress well throughout the quarter. IndusInd Bank: IndusInd Bank announced a strategic partnership with MoEngage, the insights-led customer engagement platform to deliver a differentiated digital experience across multiple customer journeys. TVS Motor Company: TVS Motor Company announced its […]
The American Petroleum Institute (API) reported a build this week for crude oil of 3.825 million barrels. The build comes as the Department of Energy released 5.9 million barrels from the Strategic Petroleum Reserves in Week Ending July 1 to 492 million barrels?the lowest its been since 1985. U.S. crude inventories have shed some 68 million barrels since the start of 2021 and about 5 […]
SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 145 points at the opening bell. Global markets: Overseas, Asian stocks are mostly higher on Thursday as investors watch for market reaction to the latest Fed minutes. U.S. stocks moved slightly higher on Wednesday as investors pored over the latest minutes from the Federal Reserve. Federal […]

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