Welspun Corp’s shares rise 2.3% after receiving line pipe orders worth ₹2,039 crore in India and US

[ad_1] Welspun Corp Ltd has announced the receipt of line pipe orders in India and the US, cumulatively valued at ₹2,039 crore.According to the stock exchange filing, the orders are set to be executed during FY25. Also read: Welspun Corp’s...

Equity Markets and Gold Prices Surge After US Fed Rate Cut Hint

[ad_1] Equity markets and gold prices rallied sharply after US Fed Chairman Jerome Powell indicated that interest rates would be cut thrice in this year, starting from June.The key benchmarks, Sensex and Nifty, opened on a positive note and surged...

US says it recognises Arunachal Pradesh as Indian territory

[ad_1] <!-- --> The remarks came with Beijing repeatedly asserting that it "never acknowledges and firmly opposes" the "so-called Arunachal Pradesh illegally established by India", following Prime Minister Narendra Modi's recent visit to the state. Published Date - 21 March...

Rupee falls 13 paise to close at 83.16 against US dollar

[ad_1] The rupee declined 13 paise to close at 83.16 (provisional) against the US dollar on Wednesday, weighed down by a strong American currency against major rivals overseas and elevated crude oil prices.However, a recovery in domestic equity markets and...

Delayed European recovery, Chinese dumping hurting margins: Jindal Stainless chief

[ad_1] Despite domestic demand for stainless steel, margins in the fourth quarter of the current financial year may be under stress primarily due to dumping by the Chinese, says Abhyuday Jindal, Managing Director of the country’s largest stainless steel maker. Europe demand...

Crude oil gains as industry data shows rise in US inventories below market expectations

[ad_1] Crude oil futures traded higher on Wednesday morning as the industry data showed a small increase in crude oil inventories in the US. At 9.52 am on Wednesday, May Brent oil futures were at $82.20, up by 0.20 per...

Ahead of US hearing, Byju’s says it is beneficial owner of 533 mn fund parked in US

[ad_1] <!-- --> According to Byju's statement, Camshaft, a wealth manager who had managed the funds, disclosed to a Delaware court earlier this week that the money was transferred to a 100 per cent subsidiary of BYJU's. Published Date -...

Indian Rupee Slips 4 Paise to 83.05 Against US Dollar

The Indian rupee experienced a setback, breaking its seven-day gaining streak, as it depreciated by 4 paise to 83.05 against the US dollar in early trade on Friday. Foreign investors hurriedly withdrew funds, responding to a substantial surge in crude...