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INR extends recovery near one and half month high

Mumbai, Oct. 16 -- The Indian rupee continues to bounce higher around a one and half month high amid positive cues from equities on renewed hopes of a Federal Reserve rate cut. INR opened at Rs 87.76 ... Read More


KEC International gains on bagging Rs 1,038-cr substation order in Saudi Arabia

Mumbai, Oct. 16 -- Vimal Kejriwal, MD & CEO, KEC International commented, "We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest e... Read More


Power Mech Projects secures BoP package for 1x800 MW thermal power plant

Mumbai, Oct. 16 -- Power Mech Projects has been awarded Balance of Plant Package on EPC Basis for 1 x 800 MW Singareni TPS, Stage-II, by Bharat Heavy Electricals for a value over Rs 2500 crore excl. G... Read More


Precious Metals Preview: COMEX gold continues to renew fresh record highs

Mumbai, Oct. 16 -- COMEX gold accelerates further gains to be trading at $4244.80 an ounce, up over 1% in early Asia on Thursday. the yellow metal continues to renew fresh record highs amid US rate cu... Read More


Base Metals Preview: COMEX copper edges under $5 per pound mark

Mumbai, Oct. 16 -- COMEX copper edged under $5 per pound mark on Thursday morning in Asia amid escalating US-China tensions that has darkened the global demand outlook. US-China trade friction is weig... Read More


Energy Preview: US crude inventories jumped by 7.4 million barrels, API data shows

Mumbai, Oct. 16 -- US crude and gasoline stocks rose while distillate inventories fell last week, API figures on Wednesday showed. Crude stocks rose by 7.36 million barrels in the week ended October 1... Read More


GIFT Nifty hints at green opening; IMF raises global growth projection

Mumbai, Oct. 16 -- GIFT Nifty: GIFT Nifty September 2025 futures were trading with a gain of 30.00 points (or 0.12%) in early trade, suggesting a mildly positive start for the Nifty 50 today. Instit... Read More


Bharat Electronics bags Rs 592-cr additional orders

Mumbai, Oct. 16 -- The new orders span a diverse range of defence and strategic systems, including tank subsystems and overhauling, communication equipment, combat management systems, ship data networ... Read More


Economic Buzz: China bank lending increases sharply in September

Mumbai, Oct. 16 -- China's bank lending increased notably in September due to seasonal factors, data from the People's Bank of China showed on Wednesday. New yuan loans rose to CNY 1.29 trillion from... Read More


Economic Buzz: New York manufacturing index indicates growth in October

Mumbai, Oct. 16 -- New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday. The ... Read More