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Posts in category All News
Gold near 3-week high on softer US dollar, geopolitical concerns (25-11-2024)
Gold prices were nearing a three-week high, driven up by a weaker U.S. dollar and safe-haven demand amidst escalating geopolitical tensions in the Middle East and Eastern Europe. Investors are awaiting further U.S. economic data to anticipate the Federal Reserve’s upcoming policy decisions on interest rates.
Dollar dips with Treasury yields after Bessent pick (25-11-2024)
The dollar dipped against major currencies as investors bet that U.S. Treasury Secretary nominee Scott Bessent’s fiscal conservatism would ease bond market concerns and lower yields. Despite Bessent’s pro-dollar stance, the currency’s recent rally showed signs of fatigue.
Bihar a failed state: Prashant Kishor tells Bihari diaspora in US (25-11-2024)
During a virtual interaction with the Bihari diaspora community, Jan Suraaj leader Prashant Kishor characterized Bihar as a “failed state” requiring significant effort for development. He expressed confidence in his party’s victory in the 2025 Bihar Assembly polls and outlined plans to prioritize school education funded by lifting the alcohol ban.
Oil holds at 2-week high as Russia, Iran tensions support prices (25-11-2024)
Oil prices reached a two-week high following a 6% surge last week. Geopolitical tensions, including Russia’s missile attack on Ukraine and Iran’s nuclear activities, fueled concerns about potential supply disruptions. The possibility of renewed sanctions against Iran and increased oil demand from China and India also contributed to the price increase.
Republicans slam claims that Trump’s intelligence pick Gabbard compromised (25-11-2024)
Republican senators pushed back on Sunday against criticism from Democrats that Tulsi Gabbard, Donald Trump’s pick to lead US intelligence services, is compromised by her comments supportive of Russia and secret meetings, as a congresswoman, with Syria’s president, a close ally of the Kremlin and Iran.
Sen. Tammy Duckworth, D-Illinois, a veteran of combat missions in Iraq, said she had concerns about Tulsi Gabbard, Trump’s choice to be director of national intelligence.
I think she’s compromised,” Duckworth said on CNN’s State of the Union,” citing Gabbard’s 2017 trip to Syria, where she held talks with Syrian President Bashar Assad. Gabbard was a Democratic House member from Hawaii at the time.
The US intelligence community has identified her as having troubling relationships with America’s foes. And so my worry is that she couldn’t pass a background check, Duckworth said.
Gabbard, who said last month she is joining the Republican party, has served in the Army National Guard for m
BJP-led alliance win in Maharashtra to keep markets buoyant; Nifty eyes 200-point gap-up opening (25-11-2024)
FPI flow, economic activity eyed; upcoming weddings kindle hope
Apex Frozen Foods (25-11-2024)
The delta in earnings is better for bad players when underlying comodity price rises which is the case now. Avanti maybe being a bigger player has better pricing power when purchasing raw shrimp or maybe they have shrimp farming. As the overall contribution of shrimp processing is small for Avanti so I think the benefit of shrimp price rise
will be not much to total number of avanti.Apexx doesn’t has shrimp farming. This is main reason for margin fluctuations. I don’t know if Avanti has shrimp farming as well. But Apex being a shrimp processor should benefit from shrimp price rise .sharat industries on other hand has shrimp farming as well they are getting the benefits.