Year 2022 is proving to be yet another year dominated by unprecedented events causing heightened volatility across global financial markets. While the year started on a positive note with many countries moving out of Covid -led disruptions, it was soon eclipsed by un-anticipated Russia-Ukraine conflict leading to a significant surge […]
Stock Market
Turbulence in the bond market: What does it mean for investors?
Year 2022 is proving to be yet another year dominated by unprecedented events causing heightened volatility across global financial markets. While the year started on a positive note with many countries moving out of Covid -led disruptions, it was soon eclipsed by un-anticipated Russia-Ukraine conflict leading to a significant surge […]
Dabur stock price rises on market share gain, Badshah acquisition
Share price of FMCG company Dabur surged 1.5 percent higher as the company reported market share gain across 95 percent of its portfolio in Q2FY23 and also announced an acquisition to expand its food business. At 10 am, the stock was quoting R s 541 on the National Stock Exchange, […]
PM Modi to visit Kedarnath-Badrinath today, tight security in place.
Prime Minister Narendra Modi will visit Kedarnath and Badrinath today during which he will inspect various ongoing development works and also lay foundation stones for some new projects. In view of the visit, security arrangements have been tightened in the area, an official said. While the officials are busy finalizing […]
Oil prices rise on supply woes.
Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies following reports of lower inventories in the United States offset fears of lower demand from top oil importer China. Brent crude futures rose 73 cents, or 0.8%, to $90.76 a […]
Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains.
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains. Spot gold rose 0.1% to $1,653.49 an ounce, while gold futures rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). […]
Oil Prices Tread Water Between Tightening Supply, Recession Fears.
Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global economic slowdown will erode crude demand this year. Crude markets marked a slow start to the week, retaining most of last week’s losses amid growing signs that the United States […]
Asia FX Moves Little in Anticipation of Red-Hot U.S. Inflation
Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key data that is expected to show U.S. CPI inflation stayed close to 40-year highs. The Chinese yen fell 0.1%, while South Koren Won lost 0.2%. The Japanese Yen was little […]
Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. U.S. West Texas […]
Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months
Oil prices fell on Friday as markets awaited more economic cues from a closely-watched U.S. payrolls report, but were headed for strong weekly gains after the OPEC+ announced its biggest supply cut since the 2020 COVID pandemic. London-traded Brent oil futures fell 0.4% to $94.43 a barrel, while West Texas […]