News Overview

The Indian rupee on Thursday closed at its all-time low of 78.32 (provisional) against the US dollar as strong American currency and persistent foreign fund outflows weighed on investor sentiments. At the interbank foreign exchange market, the local currency opened at 78.26 and fell to a low of 78.38 and finally settled at its all-time low 78.32, unchanged from its previous close. On Wednesday, the […]

ONGC Videsh, the wholly owned subsidiary of Oil & Natural Gas Corpn has made an oil discovery in the recently drilled well, Urraca-IX, in CPO5 block, Llanos Basin, Colombia. Block CPO-5 was awarded to ONGC Videsh in the 2008 bid round of Colombia. ONGC Videsh holds 70% participating interest (PI) in the block along with operatorship, remaining 30% is held by partner Geopark. ONGC Videsh […]

On 18 July 2022

On 18 July 2022

On 28 July 2022

On 28 July 2022

Australian share market eked out modest gains on Thursday, 23 June 2022, as investors assessed the risk of a global recession amid a string of rates hikes to stamp out inflation. ASX sectors closed mixed, with strength in financials and technology stocks helped to offset losses in materials and energy stocks At closing bell, the benchmark S&P/ASX200 advanced 19.90 points, or 0.31%, to 6,528.45. The […]

India VIX fell 1.97% as shares advanced.

Japan share market finished session on a flat note on Thursday, 23 June 2022, after erasing early gains, as data showed Japanese factory output growth slowed in June. The au Jibun Bank flash Japan Manufacturing purchasing managers index (PMI) survey showed that Japanese manufacturing growth slipped to a seasonally adjusted 52.7 in June from a final 53.3 in May, marking the slowest expansion since February, […]

At 53.1 in June, the headline seasonally adjusted S&P Global / CIPS Flash UK Composite Output Index was unchanged from the reading in May and posted above the neutral 50.0 value for the sixteenth consecutive month. However, the index was the joint-lowest seen over this period and much weaker than the average in the first quarter of 2022 (58.3). June data indicated that output growth […]