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Brent crude futures moved up and down in early European trading after a 4.1% fall on Wednesday.By Shadia NasrallaOil prices steadied on Thursday after the previous session’s sharp losses on the back of swelling US crude stocks and easing…
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According to Amfi data, investors put in a net sum of Rs 16 crore in 14 gold-linked ETFs last year, while they pulled out Rs 571 crore in 2018.Investors infused Rs 16 crore in gold exchange-traded funds (ETFs) in 2019, after pulling out…
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The bank is looking to recover around Rs 1,800-2,000 crore worth of non-performing assets (NPAs) during the fourth quarter this fiscal.State-run lender United Bank of India, which is working on different integration processes as per the…
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Image: ReutersBoFA SecuritiesWe expect RILto report net income of Rs 11,100 crore, down 2% q-o-q led by a steady momentum at telco, retail business partially offsetting petchem weakness. Reiterate ‘buy’ on a favourable risk-reward and…
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We expect growth to be in negative terrain due to subdued real estate demand.On the back of a muted real estate demand (which got derailed further in Q3FY20 led by CAA protests across the nation and construction ban in the NCR region),…
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Japan’s Nikkei rose 0.43% while Australian stocks rallied 0.67% to a record high.The world’s shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global…
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The 30-share BSE index rose 634.61 points, or 1.55 per cent, to end at 41,452.35. Similarly, the broader Nifty jumped 190.55 points, or 1.58 per cent, to 12,215.90.The benchmark equity indices bounced back after the US-Iran tensions…
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Gold ETFs had seen an inflow of Rs 1,826 crore in 2012.Investors infused Rs 16 crore in gold exchange-traded funds (ETFs) in 2019, after pulling out money from safe-haven assets in the last six years, on fears of a slowdown in the global…
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A falling Rupee against the US Dollar plays spoilsport, especially, for Indians planning to travel abroad, hits the budget of parents looking to send their children for overseas education.Neeraj SinhaSaudi Aramco’s valuation hit US$ 2…
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During intra-day, the rupee appreciated 26 paise to 71.43 per US dollar.Investors’ wealth rose by Rs 2.25 lakh crore on Thursday tracking improved sentiment in the equity market where the Sensex soared nearly 635 points as global…
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