Rupee falls to record low of 79.67 against US dollar – The Economic Times Video | ET Now ET Now | 13 Jul 2022, 10:48 PM IST The rupee declined at a record low of 79.67 against the US currency on Wednesday after the dollar surged to a 20-year high in overseas markets and foreign …
Rupee falls to record low of 79.67 against US dollar Read More »
By Ashitha Shivaprasad (Reuters) – Gold rebounded from a near one-year low on Wednesday as the dollar retreated following an initial rally, helping bullion stave off pressure from prospects of steep rate hikes after U.S. consumer prices surged. Spot gold rose 0.7% to $1,737.69 per ounce by 11:58 a.m. ET …
Gold rebounds sharply from 1-year low as dollar slips over US’ inflation Read More »
Short seller Hindenburg Research said on Wednesday it had taken a long position in Twitter Inc shares and warned the social media firm’s lawsuit against Elon Musk, the world’s richest man, could pose a threat to his companies. Twitter’s shares rose about 6% to $35.90 on the news, a day after the company sued Musk …
Twitter shares rise after Hindenburg takes long position Read More »
raised Rs 500 crore selling local bonds as it seeks to expand loans given to home buyers. Life Insurance Corporation is said to have subscribed those bonds, rated AA (Stable) by rating company . could not be contacted immediately for comments. Those are 10-year bonds that offer 9.70 percent. The proceeds will likely be used …
Indiabulls Housing raises Rs 500 crore from LIC via bonds Read More »
Europe’s single currency has dropped below parity against the dollar for the first time in almost 20 years, battered by growing recession fears in the euro area. On Wednesday, it slumped to as low as $0.9998 and is down almost 12% so far this year. It started the year on a strong note before the …
Why Euro’s slide towards dollar parity matters Read More »
By Alex Lawler LONDON (Reuters) -Oil edge lower on Wednesday, a day after settling below $100 a barrel for the first time since April, under pressure from U.S. inflation figures that were seen to bolster the case for another big Federal Reserve interest rate increase. Despite a tight physical oil …
Oil slips below $100 again as gasoline, food drive US inflation higher Read More »
By Ashitha Shivaprasad (Reuters) – Gold extended its slide to a near one-year low on Wednesday after data showing a jump in U.S. inflation supported bets for aggressive rate hikes by the Federal Reserve, while the dollar scaled fresh peaks. Spot gold was down 0.4% at $1,719.49 per ounce by …
Gold slips to near 1-year low as US inflation jump bolsters rate hike bets Read More »
The import of edible oils declined by 6.37 per cent in June compared with May, whereas total imports in the first eight months of the current oil year to October increased marginally by 0.44 per cent. Data made available by the Solvent Extractors’ Association of India (SEA) showed that India imported 9.41 lakh tonnes (lt) …
Nifty50 on Wednesday settled below its key support of 16,000 and formed a large bearish candle on the daily chart. Analysts said the bears have got an edge over the bulls, and some downside looks likely. The long negative candle on the daily chart overlapped the previous day’s negative candle, said Nagaraj Shetti, Technical Research …
Tech View: Nifty50 slips below 16K, signals weakness ahead Read More »
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