The crucial 1.23 barrier was breached by the Technical Analysis of GBP/USD pair, which is now chasing the 1.18 handle. US: UK: USDGBP Daily On the daily chart, we can see that the Technical Analysis of GBP/USD has finally broken through the important 1.23 barrier, which has allowed for a decline into the 1.18 handle….
Following JPMorgan Chase & Co.’s announcement that it will be including Indian government bonds in its benchmark emerging-market index, the value of the Indian rupee and 10-year bonds both increased on September 22. The local currency was up 0.26 percent from its previous close of 83.09 at 9.10 a.m. Opening prices for the local currency…
Today’s gold and silver prices: Today’s gold price opened marginally higher on the Multi Commodity Exchange (MCX) at 58,730 per 10 gm. It later reached an intraday high of 58,778, and a low of 58,729. At 9.20 a.m., the price per 10 grams of MCX Gold for delivery on October 5 was down 0.8%. Today’s…
The collaboration intends to use solar technologies to create a variety of energy solutions, boosting both on- and off-grid capabilities. Tata Power Renewable Energy (TPREL) has teamed up with Nepalese firm Dugar Power to help Nepal’s renewable energy ambitions. TPREL’s strategic foray into Nepal’s developing renewable energy sector aims to speed Nepal’s transition to sustainable…
The deadline of September 30, 2023, for amending mutual fund (MF) investment nominations is rapidly approaching. However, a sizable portion of investors have not yet finished this important work. A startling 25 lakh Permanent Account Number (PAN) users haven’t changed their nomination information, according to a Moneycontrol investigation. The fact that many of these PAN…
As foreign investors continued to leave the country amid ongoing economic worries, Chinese equities resumed their dismal trend on Thursday, putting a key measure on track for its lowest closing since November. – China stocks As much as 1.5% was lost by the MSCI China Index, continuing what is expected to be a third straight…
The corporation is in conversations and negotiations with labor union officials in order to resolve their concerns and reach an equitable arrangement for the renewal of a long-term settlement agreement. – Apollo Tyres Apollo Tyres Limited shares fell more than 2% to Rs 369 in early trade on September 21 after the firm announced a…
The whole of Asia’s stock markets dipped as traders anticipated the U.S. Federal Reserve’s rate decision on Wednesday domestically while China kept its one-year and five-year lending prime rates constant. The prime rates for China’s one-year and five-year loans were maintained at 3.45% and 4.2%, respectively. Japan released its August trade data to the region,…
Analysts predict that significant non-banking finance firms (NBFC stocks) in India would reform in response to new bank-like requirements and as they transition from being monoline and specialty lenders to multiproduct, diversified lenders. Shadow lenders have emerged as a significant player in the Indian credit environment, accounting for 25% and 21% of total and retail…
This is a progress report on my 19th-June 2008-started mutual fund investing journey. I’ve gone from being a spendthrift to being in debt to being financially independent over the past three decades – mutual funds. I want to be clear that this is just a personal accomplishment and not some monumental occasion. I am familiar…
