Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets calmed somewhat after Credit Suisse was thrown a financial lifeline by Swiss regulators. But battered by fears of a deepening crisis for banks worldwide, market sentiment remained fragile with both benchmarks giving up some early Thursday […]
Gold prices dipped on Tuesday as the dollar firmed, while investors shied away from making big bets ahead of U.S. economic data that could determine the Federal Reserve’s rate-hike strategy.Spot gold fell 0.2% at $1,984.89 per ounce by 1032 GMT, while U.S. gold futures also slipped 0.2% at $1,995.20.The dollar index rose 0.2%, making bullion […]
Foreign institutional inventors (FII) bought shares worth a net Rs 928.63 crore while domestic institutional investors (DII) purchased shares worth a net Rs 2206.59 crore on Thursday, December 22, 2022, according to the data available on NSE. For the month till December 22, FII sold shares worth a net Rs 7,762.69 crore while DII bought […]
The government on Friday cut the windfall tax on domestically produced crude oil sharply from Rs 4,900 to Rs 1,700 per tonne, the lowest level since the tax was imposed on July 1, thanks to continued decline in global crude prices. In the latest fortnightly review of the one-off taxes, the government has also cut […]
Asian shares followed U.S. stock futures higher on Monday on hopes authorities were working to ring fence stress in the global banking system, even as the cost of insuring against default neared dangerous levels. Helping nerves were reports First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank from the Federal Deposit […]
The electric bus segment is catching up pace in a fast and furious way. This has resulted in some new but serious players opting for the expansion route to get some early-bird advantage. Pune-based EKA Mobility, had recently announced strategic partnership withJapan’s Mitsui & Co and Netherlands VDL Groepto expand its global footprints. Sign Up […]
Telecom operator Vi is helping enhance rural incomes and raise farm productivity across 12 states in India with the use of smart technologies such as IoT sensors, artificial intelligence, cloud services and drone technology. Through its SmartAgri programme, the company is developing smart agriculture solutions to increase overall productivity and reduce the input costs. These […]
Global stocks and U.S. bond yields rose on Tuesday, as a U.S. regulator-backed deal by First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.3% by early morning Hong Kong time. U.S. stock futures, the S&P 500 […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Monday as a result of mixed, while the silver rate is down 0.55%. On Multi Commodity Exchange, gold April futures were trading at Rs 56,728 per 10 grams, down Rs 13 or 0.02%. Silver March futures were trading lower by […]
BSE Sensex and NSE Nifty trade in the positive territory higher amid positive global cues. Nifty trades higher 0.41% at 18,684, as Sensex adds over 240 points to trade at 62,778. The Bank Nifty index hits a fresh record high for the second consecutive session, topping the 44,100 level. HDFC Bank, ICICI Bank, Kotak Bank, […]
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