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Va Tech Wabag bags 300 MLD desalination project in Yanbu, Saudi Arabia

Mumbai, July 24 -- Va Tech Wabag (WABAG) has been awarded a 300 Million Litres per Day (MLD) Sea Water Reverse Osmosis ('SWRO') Mega Desalination Plant at Yanbu, in the Kingdom of Saudi Arabia valued ... Read More


INR likely to bounce back amid sharp dollar weakness overseas

Mumbai, July 24 -- The Indian rupee is likely to recover some lost momentum in opening trades on Thursday tracking a sharp decline in dollar overseas. Yesterday, INR depreciated marginally to 86.41 ag... Read More


Base Metals Preview: Copper futures buoyed by positive equities, deep dollar decline

Mumbai, July 24 -- Copper futures were boosted by sharp gains in overnight equities after President Donald Trump announced trade deals with Japan and the Philippines. The major averages ended the day ... Read More


Precious Metals Preview: COMEX gold retreats amid fading safe haven appeal

Mumbai, July 24 -- COMEX gold pulls back in early Asia on Thursday as safe haven appeal for the yellow metal faded amid optimism over further trade deals between the US and key partners. Media reports... Read More


Economic Buzz: US existing home sales slump to nine-month low in June

Mumbai, July 24 -- A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. pulled back by more than expected in the month of June. NAR said exist... Read More


Energy Preview: US crude inventories down by 3.2 million barrels, shows EIA data

Mumbai, July 24 -- Energy Preview: US crude inventories down by 3.2 million barrels, shows EIA data US crude oil inventories fell by 3.169 million barrels in the week ending July 18, the Energy Infor... Read More


RBI absorbs Rs 50,001 crore via 2-Day VRRR auction on July 23

Mumbai, July 24 -- Continuing its calibrated approach to liquidity management, the Reserve Bank of India (RBI) conducted a 2-day Variable Rate Reverse Repo (VRRR) auction on 23 July 2025, successfully... Read More


Satin Creditcare board OKs to incorporate subsidiary, Satin Growth Alternatives

Mumbai, July 24 -- The subsidiary will act as the investment manager or sponsor to an Alternative Investment Fund (AIF) that will be registered with the Securities and Exchange Board of India (SEBI) u... Read More


Robust demand seen for T-Bills; cut-off yields rise across tenors

Mumbai, July 24 -- India's latest Treasury bill auction held on 23 July 2025, drew strong investor interest, with bids far exceeding the notified amounts across all tenors. The Reserve Bank of India (... Read More


Indices eye flat opening as FPIs sell, global trade buzz builds

Mumbai, July 24 -- GIFT Nifty: GIFT Nifty August 2025 futures were trading 4 points lower in early trade, suggesting a flat opening for the Nifty 50. Institutional Flows: Foreign portfolio investor... Read More