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INR weakens near 86 per US dollar mark

Mumbai, July 9 -- Indian Rupee has dipped in early moves as a sustained bounce in the US dollar has weighed on the local currency. US dollar index hit two-week high around 97.50 in last session amid m... Read More


Tata Technologies announces strategic partnership with Emerson

Mumbai, July 9 -- Tata Technologies and Emerson (NYSE: EMR) today jointly announced a strategic partnership to innovate integrated testing and validation solutions for global OEMs in the automotive, a... Read More


RBI to conduct two day Variable Rate Reverse Repo auction for Rs One Lakh crore

Mumbai, July 9 -- Reserve Bank of India has noted that on a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Wedne... Read More


Energy Preview: MCX Crude jumps 1.5% as WTI nears $69 per barrel

Mumbai, July 9 -- WTI Crude oil futures hit a two-week high near $69 per barrel yesterday markets eyed renewed trade tensions. The US unveiled a fresh wave of tariff threats, including a 25% levy on i... Read More


Precious Metals Preview: COMEX Silver sees choppy action under $37 per pound

Mumbai, July 9 -- COMEX Silver futures moved in a tiny range yesterday even as Copper spiked to record highs and saw a 17% upmove in intraday moves. Silver seemed to be tracking the tepid action in Go... Read More


Base Metals Preview: COMEX Copper nears $6 mark as US set to slap 50% tariff on metal

Mumbai, July 9 -- MCX Copper futures are set to soar in early moves following a wild spike in the metal in global markets. COMEX futures jumped around 17% in intraday moves to hit a fresh record near ... Read More


Economic Buzz: China inflation slips 0.1% on month in June

Mumbai, July 9 -- Consumer prices in China were down a seasonally adjusted 0.1 percent on month in June, the National Bureau of Statistics said on Wednesday. On a yearly basis, inflation rose 0.1 per... Read More


Economic Buzz: US small business confidence erodes slightly in June, taxes main concern - NFIB

Mumbai, July 9 -- Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the... Read More


Economic Buzz: US households' inflation expectations steady and more optimism on finances; shows NY Fed Survey

Mumbai, July 9 -- U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, resul... Read More


Supreme Inds bags supply order worth Rs 54-cr from BPCL

Mumbai, July 9 -- The contract includes the supply of 2,00,000 of 10 kg composite LPG cylinders. The total supply is expected to be valued at around Rs 54 crore approximately. The contract shall be v... Read More