Oil prices inched down amid mixed market signals on Tuesday, with traders awaiting the outcome of an OPEC+ meeting this week. Brent crude futures fell 9 cents, or 0.13%, to $71.74 a barrel by 0205 GMT. U.S. West Texas Intermediate crude fell 14 cents, or 0.21%, to $67.96. "Investors are in wait-and-watch mode ahead of … Read more
Indian shares are set to open higher on Tuesday, tracking other Asian peers, with comments from key U.S. Federal Reserve officials driving expectations of a 25 basis-point rate cut later in the month. The Gift Nifty futures were trading at 24,425 as of 08:27 a.m. IST, indicating that the benchmark Nifty 50 will open above … Read more
Asian stocks rose on Tuesday led by an outperforming tech sector following record highs on Wall Street overnight, while the dollar hovered near a six-week low to the yen as traders weighed the outlook for interest rates in the United States and Japan. Investors were also monitoring the political turmoil in France as the government … Read more
Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could provide insights into the Federal Reserve's interest rate path. Spot gold was nearly unchanged at $2,636.50 per ounce, as of 0156 GMT, after falling as much as 1% on Monday. U.S. gold futures was … Read more
The pace of India’s manufacturing growth remains above its long-run average and there was substantial improvement in the health of the sector during November, the HSBC India Manufacturing PMI data showed on Monday. India recorded a 56.5 manufacturing PMI in November, down slightly from the prior month, but still firmly within expansionary territory. "Strong broad-based … Read more
GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, today announced its partnership with Flipkart, India’s homegrown e-commerce marketplace, to enhance sustainable operations in logistics. This collaboration will see GreenLine deploying its fleet of liquefied natural gas (LNG) trucks, marking a key step in Flipkart's broader commitment to decarbonising its delivery operations. … Read more
India's organic food products export reached $447.73 million in the first eight months of this fiscal (FY25), and are set to surpass last year's export figures, the Parliament was informed on Monday. In the current financial year, the total amount of organic food product exports reached 263,050 metric tonnes (MT) till November 25 and … Read more
The FIIs as per Monday’s data were net sellers in equity segment, while net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 18992.12 crore against gross selling of Rs 19982.44 crore. Thus, FIIs stood as net sellers of Rs 990.32 crore in equities. … Read more
India’s petrol, diesel and jet fuel sales shot up in November this year compared to the same month last year, reflecting the higher level of economic activity in the country, data compiled by the public sector oil companies showed. Petrol sales of Indian Oil, Bharat Petroleum and Hindustan Petroleum jumped by 8.3 per cent to … Read more
India attracted around Rs 4.5 lakh crore alternative investment funds (AIFs) in the H1 (April to September) financial year (FY) 2024-25 due to strong economic growth among the large economies. Latest SEBI data compiled by ANAROCK Research indicates that out of a total of Rs 4,49,384 crore AIF investments made across sectors till H1 … Read more