A gauge of global stocks rallied and U.S. Treasury yields mostly fell on Thursday, as policy announcements from a string of central banks fueled optimism that interest rate hike cycles may be nearing an end.After the U.S. Federal Reserve raised rates by 25 basis points (bps), as was widely expected, on Wednesday, markets rallied following […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 24 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
The rupee depreciated 13 paise to settle at 82.75 (provisional) against the US dollar on Tuesday as investors turned cautious in view of a negative trend in domestic equities and rising crude prices in the global markets. Besides, renewed forex outflows and a waning appetite for riskier assets also dragged down the local unit, forex […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The domestic equity market ended in the green today after closing flat yesterday. BSE Sensex closed over 400 points higher at 62,533 while NSE Nifty settled 0.6% higher at 18,608. Bank Nifty hit a fresh record high intraday, gaining over 200 points to touch 43,983.80. […]
State Bank of India (SBI) on Wednesday said it will raise Rs 10,000 crore through fresh additional tier-1 (AT-1) bonds up to FY24. Also Read: SBI, ICICI Bank raise deposit rates sharply Earlier, the bank had raised Rs 10,000 crore through its first issue of infrastructure bonds. The bank will provide finance to infrastructure projects […]
By Jigar Trivedi Gold fell below $1,830 an ounce, sliding to its weakest levels in six weeks as stronger-than-expected US economic data and hawkish remarks from Fed officials weighed on the metal. Latest data showed that US producer prices increased 0.7% M-o-M in January, the most in seven months and higher than market forecasts of […]
ICICI Lombard General Insurance (ICICIGI) held a ‘Digital Day’ event to outline its key initiatives in the digital space that will be a vital part of its strategy for improving growth and profitability going ahead. Digitization has been implemented across segments within the company and encompasses the entire journey for various stakeholders, including customers, distribution […]
Can Fin homes has appointed Suresh Iyer, ex Bandhan Bank housing vertical head, as the new CEO. We believe this is a positive given Iyer’s long experience in the mortgage industry including as core management at Gruh Finance. We watch out for the new CEOs strategy to drive growth and manage NIMs in the near […]
Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in factory activity in China, the world’s second largest crude consumer, and as concerns grew about Middle Eastern supply. Brent futures, which have risen nearly 6% this week, were up 15 cents, or 0.19%, at $79.42 a barrel at […]
Widespread breaches of the Group of Seven oil price cap likely took place in Asia in the first quarter, according to a team of researchers who analyzed official data on Russia’s foreign trade alongside shipping information. In December, the G-7 imposed a $60 a barrel price cap on Russian oil, barring companies in those nations […]
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