Posts in category Economic Times
Dollar ebbs as markets await key global inflation reports (28-05-2024)
The dollar weakened on Tuesday awaiting key inflation data for global interest rate guidance. Euro held steady despite dovish ECB comments. GBP and NZD gained, with focus on US PCE price index report on Friday.
Oil prices steady as investors await inflation data, OPEC+ meeting (28-05-2024)
Oil prices stable in Asian trading as investors await U.S. inflation data and OPEC+ meeting outcomes on June 2. Brent crude July and August contracts, along with U.S. WTI crude futures, show minor fluctuations.
In Focus: Scrips that like a cloud on the horizon (28-05-2024)
Companies such as Hindustan Unilever (HUL), Britannia, Dabur, Hero Motocorp, Westlife Foodworld, Shoppers Stop and others have already indicated in their commentary a gradual demand recovery if the monsoon forecast turns out to be accurate.
GIFT Nifty down 15 points; here’s the trading setup for today’s session (28-05-2024)
He expects more consolidation before the next leg of uptrend resumes amid an already sharp run-up with Nifty now likely to consolidate around 23,000 till the monthly expiry.
Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info Systems (28-05-2024)
India's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended March 31, 2024, which was up by 4.5% over Rs 13,191 crore reported in the corresponding period of the last financial year. The company board has declared a final dividend of Rs 6 per share.
Dish TV’s Q4 net loss widens 16% to Rs 1989 crore (28-05-2024)
The direct-to-home (DTH) company's operating revenue declined by 19% to Rs 407 crore, while subscription revenue was down 18% to Rs 320 crore.
Govt asks insurance companies to roll out daycare package for Ayush patients (28-05-2024)
Claims under Ayush - an acronym for Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy - rose to ₹78 crore in 2023 from ₹9 crore in 2016.
Four European Union banks seek RBI nod for clearing model (28-05-2024)
"There was a meeting last month between the heads of four European banks and top RBI officials. The banks have sought the RBI's approval on the proposed third-party model because there is no established rulebook for this kind of arrangement," a source aware of the developments said.