The Indian rupee dropped on Monday, losing instigation from JPMorgan’s addition of Indian bonds in its indicator, amid pressure due to bone demand from importers and high U.S. yields. The rupee was at 83.12 against the U.S. bone by 1100a.m. IST compared with 82.93 in the former session. The bone indicator was largely flat in…
Stocks to buy this week- The Nifty 50 has been in the red in the last five trading sessions, falling nearly three percent. This decline is due to concerns that the Fed’s interest rate hike is not over and that interest rates will remain high longer than expected. This situation is expected not only to…
India Canada News – Canada’s defense minister highlights India as an important partner amid strained relations; No evidence was shared about India and the killing of militants. The country’s defense minister called “India” an important partner in Canada’s prosperous relationship. We recognize that this has the potential to sour relations between us and India in…
Oil prices increased on Friday as renewed global supply concerns stemmed from Russia’s fuel export embargo, offsetting concerns that slowing economies and high-interest rates will crimp demand. Brent futures were up 78 cents, or 0.84%, to $94.08 a barrel at 1443 GMT, while West Texas Intermediate crude (WTI) futures were up $1.02, or 1.14%, to…
From 190 to 220 per share levels between November 2020 and February 2022, the ITC share price remained in the range of 190 to 250 per piece. However, after emerging from this base-building phase, the ITC share price has increased to levels of 450 per unit over the past 19 months, yielding a return of…
Fed-wary investors: An increasing number of uncertainties, including the Federal Reserve’s hawkish posture, rising Treasury rates, and a potential government shutdown, have alarmed investors and clouded the outlook for U.S. equities. An increasing number of uncertainties, including the Federal Reserve’s hawkish posture, rising Treasury rates, and a potential government shutdown, have alarmed investors and clouded…
Learn about the 2023–2024 home loan tax incentives. Learn about the deductions provided under Sections 80C, 24b, 80EE, and 80EEA. Utilize professional advice to maximize your tax savings. In May 2020, the Reserve Bank of India reduced the Repo Rate to 4%. In order to support the faltering Indian economy, the nation’s apex bank took…
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…
