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Base Metals Preview: Copper rebounds from two-week low

Mumbai, May 2 -- COMEX copper rebounded from a two-week low and jumped by more than 1% in early Asian trades on Friday, tracking a mild pull back in dollar overseas and positive cues from equities. Wa... Read More


Ashok Leyland sells 13,421 units in April 2025

Mumbai, May 2 -- Ashok Leyland achieved total sales of 13,421 units in month of April 2025 compared to 14,271 units in April 2024, recording a decline of 6%. Total sales comprise of domestic sales of... Read More


Precious Metals Preview: COMEX gold bounces by around 1% in early Asia

Mumbai, May 2 -- COMEX gold prices bounced back by over 1% in early Asia on Friday although the counter continues to linger around a two week low as possible de-escalation of trade tensions may demean... Read More


GST collection spikes around 20% on monthly basis

Mumbai, May 2 -- India's Goods and Services Tax (GST) collection spiked 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April. The GST collection was Rs 2.10 lakh crore in April... Read More


Economic Buzz: US manufacturing performance subdued in April as confidence in outlook falls

Mumbai, May 2 -- The US manufacturing sector expanded only marginally in April, amid subdued growth in new work and a further fall in output. Although order books were supported by domestic demand, ta... Read More


Energy Preview: WTI crude oil set for a weekly decline of over 5%

Mumbai, May 2 -- WTI crude oil futures rebounded well in early Asia on Friday following a sharp decline below $60 per barrel mark during the week. The counter is currently quoting at $59.79 per barrel... Read More


Economic Buzz: US private sector job growth falls well short of expectations in April

Mumbai, May 2 -- Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of April. ADP said private sector... Read More


Economic Buzz: US GDP dips in Q1

Mumbai, May 2 -- The Commerce Department released a report on Wednesday showing the U.S. economy unexpectedly shrank in the first quarter of 2025. The report said real gross domestic product fell by ... Read More


Economic Buzz: US consumer prices virtually unchanged in March

Mumbai, May 2 -- A closely watched report released by the Commerce Department on Wednesday showed U.S. consumer prices were virtually unchanged in the month of March. The Commerce Department said its... Read More


Economic Buzz: US construction spending falls 0.5% in March

Mumbai, May 2 -- Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday. The Commerce Department said constr... Read More