Highlights of RIL’S AGM Today
By Aditya Raghunath Investing.com -- These are a few highlights of Mukesh Ambani’s speech at the Reliance Industries Ltd (NS:RELI)’ Annual General Meeting (AGM) today: RIL’s consolidated...
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Nifty Closes Up on IT Buying; RIL Falls 2.61% As AGM Commences
By Aditya Raghunath Investing.com -- Heavy buying in IT stocks took the Nifty 50 and BSE Sensex 30 up 0.66% and 0.74% respectively. Nifty reclaimed the 15,700 mark in style and is now at...
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Used-Car Prices Are Poised to Peak in U.S. After Pandemic Surge
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The record-breaking rise in used-car prices is probably coming to an end --...
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Fannie and Freddie See Ratings Suspension As Court Rules Out Privatization
By Dhirendra Tripathi Investing.com – Shares in Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) have struggled to show any sign of a bounce in premarket on Thursday, a day after...
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Stress Tests, Jobless Claims, Bank of England - What's Moving Markets
By Peter Nurse Investing.com -- The Bank of England is due to hold its latest monetary policy meeting, the Fed’s bank stress tests are due, while crude and equity indices move higher. The...
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Global Investment Is Becoming Less Reliant on China, Citi Says
(Bloomberg) -- The global investment cycle is set to become less dependent on China and more broadly supported as countries around the world ramp up spending to offset coronavirus damages, ...
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Germany's Ifo Index Hits Highest Level Since 2018
By Geoffrey Smith Investing.com -- German business confidence hit its highest level since the end of 2018 in June. as the gradual relaxation of pandemic restrictions supported both current...
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Accenture earnings, Revenue beat in Q3
Investing.com - Accenture (NYSE:ACN) reported on Thursday third quarter {{erl-7884||earnings that beat analysts' forecasts and revenue that topped expectations. Accenture announced...
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India shares higher at close of trade; Nifty 50 up 0.66%
Investing.com – India equities were higher at the close on Thursday, as gains in the IT, Technology and Banking sectors propelled shares higher. At the close in NSE, the Nifty 50 rose...
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Japan shares higher at close of trade; Nikkei 225 up 0.00%
Investing.com – Japan equities were higher at the close on Thursday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the...
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Dollar Edges Higher; Fed Officials Offer Mixed Signals
By Peter Nurse Investing.com - The dollar edged marginally higher in early European trade Thursday, as traders digested diverse opinions from Federal Reserve policy makers over the likely...
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This Small-Cap NBFC Has Risen 657% Since August 2020
By Aditya Raghunath Investing.com -- A below-the-radar small-cap NBFC (non-banking financial company) Dhanvarsha Finvest Ltd (BO:DANV), has seen its share price go up over 657% since...
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India’s Post-Pandemic Recovery to be Uneven: Deepak Parekh
By Aditya Raghunath Investing.com -- Housing Development Finance Corporation Ltd (NS:HDFC) Chairman Deepak Parekh, in his annual letter to shareholders, cautioned that India’s...
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India Pesticides Grey Market Premium Falls 40%; Should You Subscribe?
By Aditya Raghunath Investing.com -- The IPO for India Pesticides opened on June 23. The price band for the company is fixed at Rs 290-Rs 296. The stock commanded a grey market premium of Rs...
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What to Expect at RIL’s AGM Meeting Today
By Aditya Raghunath Investing.com -- Reliance Industries Ltd (NS:RELI)’ Annual General Meeting (AGM) that is scheduled to start at 2 PM today will be live-streamed through JioMeet for its...
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BOE Balances Recovery Boost Against Inflation: Decision Guide
(Bloomberg) -- The Bank of England has a big task on Thursday, balancing the need to keep the economy recovering while limiting inflation and speculation about rising interest rates. The...
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Oil Up, Investors Digest Fifth Week of U.S. Crude Stockpile Draws
By Gina Lee Investing.com – Oil was up Thursday morning in Asia, with continuously shrinking U.S. crude and fuel supplies contributing to the brightening fuel demand outlook. Brent oil...
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Gold Down, Investors Await U.S. Economic Data to Get Better Inflation Picture
By Gina Lee Investing.com – Gold was down on Thursday morning in Asia as investors await U.S. economic data to gauge inflationary pressures further. A strengthening dollar also put a dent in...
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Dollar Up, Investors Digest Mixed Comments on Inflation from Fed Officials
By Doris Yu Investing.com – The dollar was up on Thursday morning in Asia as investors digested mixed signals from U.S. Federal Reserve officials regarding the timeline of stimulus measures...
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Goldman Sachs Says Amber Enterprises Has 35% Upside from Current Levels
By Aditya Raghunath Investing.com -- Amber Enterprises India Ltd (NS:AMBE) manufactures air conditioners (ACs). Just before the second wave of the pandemic, when the Indian economy had...
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RBI: Pandemic Reduced Indian Households’ Savings Rate by 21%; Debt Rose
By Aditya Raghunath Investing.com -- The COVID-19 pandemic has impacted Indian household savings in a major way with their financial savings down 21% from 10.4% to 8.2% in the...
