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Breaking News : Donald Trump become 47th U.S President Source link

With Donald Trump back in the Oval Office, India’s financial markets are abuzz with anticipation. As a leader known for his unconventional policies, particularly on trade, foreign relations, and economic matters, Trump’s presidency is likely to shape global markets in ways that India cannot ignore. Here’s a closer look at how Indian stocks, commodities, and … Read more

Enterprise software major Salesforce India saw its total revenue rise more than 36 per cent to Rs 9,116.3 crore last fiscal (FY24) from the previous year, according to its regulatory filing with the Registrar of Companies.  The company on Wednesday committed to a new Salesforce Tower in Bengaluru that would be one of the 10 … Read more

Indian service providers maintained a strong rate of output expansion in October, with growth recovering from September's ten-month low, which also led to the creation of more jobs during the month, according to HSBC's survey released on Wednesday.  Participants of the HSBC India Services PMI survey, conducted by S&P Global, commonly cited healthy customer demand … Read more

Government-owned gas giant GAIL (India) Ltd reported revenue from operations of Rs 66,622 crore for the April–September period of the current financial year as compared to Rs 64,050 crore in the same period of 2023-24.   Profit before Tax (PBT) for the first half of (H1) FY25 stood at Rs 7,095 crore as compared to … Read more

 Germany-based Deutsche Bank AG said on Wednesday that it had infused 51.13 billion rupees ($607.50 million) into its Indian operations to fund growth plans. ($1 = 84.1650 Indian rupees) Source link

 The dollar rallied broadly on Wednesday and bitcoin jumped to an all-time high as investors returned to so-called "Trump trades" with initial results trickling in for an extremely close U.S. presidential election. In the key battleground state of Georgia, Republican Donald Trump is so far leading Democrat Kamala Harris with more than half the ballots … Read more

 Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race. Spot gold held its ground at $2,745.42 per ounce, as of 0218 GMT. Bullion hit a record high of $2,790.15 last Thursday. U.S. gold futures edged 0.2% higher to $2,754.10. Republican Donald Trump won 14 states in … Read more

 Indian shares are set to open flat on Wednesday, with caution likely to prevail as U.S. presidential election results trickle in. The Gift Nifty futures were trading at 24,268, as of 07:48 a.m. IST, indicating that the benchmark Nifty 50 will open near Tuesday's close of 24,213.3. Other Asian markets traded lower, with the MSCI … Read more

  The Indian rupee declined in the non-deliverable forward market, bogged down by a jump in the dollar index and weakness in Asian peers amid U.S. election updates. The 1-month USD/INR non-deliverable forward was quoted at 84.28/84.32. If these levels were to hold, then the rupee would open at around 84.18, compared to 84.1075 on … Read more