The United States Food and Drug Administration (FDA) approves a wide range of innovative drugs and products that play a crucial role in improved patient outcomes. Based on the science used to create new products, testing and manufacturing procedures, and the diseases and conditions that new products are designed to treat. In 2023 to date, […]
Consultants and service providers in the country have urged the government to stop routing domestic foreign currency deals via the US banking system, in order to avoid transaction fees and save foreign currency. Rather such domestic deals involving foreign currencies such as the US dollar should be routed through the Reserve Bank of India. At […]
Asia’s share markets slid on Tuesday, with Japan’s financial stocks leading losses as fear of a U.S. banking crisis gripped investors ahead of crucial inflation data due later in the day. Fallout from the collapse of U.S. lenders Silicon Valley Bank and Signature Bank widened overnight, despite government efforts to shore up confidence. Heavy selling […]
By Dilip Parmar Indian rupee started the year on the front foot by registering a gain in January month, the strongest January month after 2016. The lower commodity prices, the expectation of interest rate pick out and the rebound in risk assets followed by foreign fund inflows. Spot USDINR tumbled 0.98% or 81 paise to […]
By Rajesh Palviya In Nifty current series there has been a Long Unwinding witnessed with decrease in price of -2.84% and decrease in OI by 7% as of Wednesday wherein there was unwinding of 7.69 lakh shares in OI, decreasing from 112.81 lakh to 105.12 lakh shares. Nifty current month rollover stands at 18% as […]
By Sameet Chavan As we alluded to in our previous commentary, post the stellar run in the week the market could take some breather, which was quite evident in Thursday’s session. However, the sustainability of the current zone could be perceived as a constructive setup from a short to medium-term perspective, wherein the undertone is […]
The Eastern Railway has revealed that around 3 lakh passengers hopped on board the North-South Metro in Kolkata on Christmas till 6 pm. Kausik Mitra, Eastern Railway spokesperson, told The Indian Express that the North-South Metro carried 2,98,116 passengers, marking a 17,753 jump than the figure recorded in 2022. Kolkata Metro passenger rush On December […]
The anchor book for the follow on offering of Adani Enterprises was oversubscribed on Wednesday, with the company finalising allocation of 18.26 million FPO equity shares to 33 investors, aggregating to about Rs 6,000 crore. Foreign institutional investors included the likes of Abu Dhabi Investment Authority, Maybank Asia, Goldman Sachs, Nomura, Societe Generale, Jupiter, BNP […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Thursday, 2 February 2023, keeping costs steady for about eight months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was flat on Tuesday as traders await rate hike announcements from central banks across the globe, while silver rate was up 0.56%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,159 per 10 grams, up Rs 27 or 0.05%. Silver March […]
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