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COMEX Gold futures moved up further on sustained losses in the US dollar index. The Dollar continued to ease even as US Federal Reserve Chair Jerome Powell said that controlling inflation would demand rate rises in coming months. Powell said following that increase that similar 50 basis point moves were likely to come at ensuing meetings so long as economic conditions remained similar to where […]

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COMEX Gold futures moved up further on sustained losses in the US dollar index. The Dollar continued to ease even as US Federal Reserve Chair Jerome Powell said that controlling inflation would demand rate rises in coming months. Powell said following that increase that similar 50 basis point moves were likely to come at ensuing meetings so long as economic conditions remained similar to where […]

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Taking a major step to ensure availability of natural gas for large customers, GAIL (India) has laid a dedicated pipeline to supply the fuel to HPCL Mittal Energys (HMEL) refinery at Bathinda, Punjab. The dedicated pipeline, which will supply 1 MMSCMD gas to HMEL, has been laid at a cost of Rs 142 crore. The 44.26 Km pipeline of 12 inch diameter (total capacity – […]

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With the expansion, Tata Motors PV Pune manufacturing unit will now house India’s largest on-site solar project of 17 MWp.

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Power Grid Corp Ltd reported 1.67% increase in revenues yoy for the Q4FY22 quarter on consolidated basis at Rs10,686 crore

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The key equity indices continued trading with modest gains in the afternoon trade. The Nifty traded near the 16,350 mark. Metal and oil & gas stocks were under pressure. At 13:23 IST, the barometer index, the S&P BSE Sensex, was up 395.22 points or 0.73% to 54,721.61. The Nifty 50 index added 92.30 points or 0.57% to 16,358.45. In the broader market, the S&P BSE […]

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