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Precious Metals Preview: Gold tanks to $2800 per ounce before witnessing some support

Mumbai, Feb. 26 -- COMEX Gold futures slumped yesterday as the metal continued to see some resistance around record highs near $2970 per ounce. It seems that the key psychological barrier of $3000 per... Read More


Avantel bags purchase order worth Rs 2 cr from L&T

Mumbai, Feb. 26 -- The project is scheduled to be executed by January 2026. Avantel specializes in providing strategic solutions to the Indian Defence Services and related establishments. It has deve... Read More


Japanese markets end lower as yen eases

Mumbai, Feb. 26 -- Japanese markets cut early losses to end modestly lower as the yen eased from a four-and-a-half-month high reached in the previous session on worries about the U.S. economic outlook... Read More


China's Shanghai Composite index rallied 1.02%

Mumbai, Feb. 26 -- Asian markets ended mixed on Wednesday as inflation and trade war fears offset Chinese AI optimism. Tariff worries prevailed as U.S. President Donald Trump ordered a probe into pot... Read More


KP Green Engg inks MoU with Govt of MP for renewable energy projects

Mumbai, Feb. 26 -- The MoU entails the development of solar, wind, hybrid, BESS, and biomass-based projects aggregating to 1.8 GW in the state. KP Green Engineering is engaged in the business of Fabr... Read More


RBI increases the small value loan ceiling to Rs 3 crore for Urban Co-operative Banks, revises loan definitions

Mumbai, Feb. 26 -- The Reserve Bank of India (RBI) has announced a rise in the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower. According to an RBI circular iss... Read More


Greenpanel Inds commissions new MDF plant at Andhra Pradesh

Mumbai, Feb. 26 -- The company has commenced trial production of the thin MDF range, with thicknesses ranging from 1.5 mm to 1.7 mm, as of today. "The commissioning of the plant experienced delays fr... Read More


Economic Buzz: Japan's leading index rises in December

Mumbai, Feb. 26 -- Japan's leading index improved less than initially estimated at the end of the year, final data from the Cabinet Office showed on Wednesday. The leading index, which measures futur... Read More


RailTel Corp bags multiple orders worth Rs 168 crore

Mumbai, Feb. 26 -- The first contract involves the provision of an automatic block signaling system in the Nandalur-Renigunta Junction section of the Guntakal division. The project is scheduled to be ... Read More


Economic Buzz: German consumer sentments weaken further

Mumbai, Feb. 26 -- German consumer sentiment is set to fall in March on weaker income expectations and willingness to buy, survey data jointly published by the market research group GfK and the Nuremb... Read More