India's private sector output growth strengthened to its highest level in four months during December, according to the latest HSBC 'flash' PMI data compiled by S&P Global. The acceleration was reflected in both the manufacturing and service sectors, as companies across the two segments welcomed a faster upturn in new business intakes, the report said. … Read more
Spot gold steadied on Tuesday ahead of the Federal Reserve's policy meeting as the market keenly awaited the U.S. central bank's outlook for cues on the interest rate path in 2025. Spot gold ticked up 0.1% to $2,655.07 per ounce, as of 0335 GMT. U.S. gold futures were flat at $2,672.40. "The market has almost … Read more
GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Exide Industries, India's largest-selling battery brand. This collaboration will integrate GreenLine's eco-friendly LNG-powered trucks into Exide’s logistics operations, marking a significant step toward aligning Exide's supply chain with its sustainability goals. By adopting GreenLine's LNG-powered fleet, Exide takes … Read more
The country's G20 Sherpa Amitabh Kant has said that India's circular economy could generate a market value of over $2 trillion and create 10 million jobs by 2050. He said the circular economy can be a driver of growth, and this transition not only promises cost savings but also positions India to capitalise on the … Read more
Texmaco Rail & Engineering is currently trading at Rs. 234.10, up by 5.00 points or 2.18% from its previous closing of Rs. 229.10 on the BSE. The scrip opened at Rs. 236.65 and has touched a high and low of Rs. 239.65 and Rs. 233.50 respectively. So far 98161 shares were traded on the counter. … Read more
Best Agrolife is currently trading at Rs. 647.90, up by 10.90 points or 1.71% from its previous closing of Rs. 637.00 on the BSE. The scrip opened at Rs. 643.95 and has touched a high and low of Rs. 661.00 and Rs. 643.75 respectively. So far 12062 shares were traded on the counter. The BSE … Read more
North-East is India's gateway to the South and investing in the region will give investors access to the vast Southeast Asian markets, Union Minister for Communications and Development of North Eastern Region (DoNER), Jyotiraditya Scindia, has said. Speaking at the ‘North East Trade and Investment Roadshow’ here, the minister emphasised the region’s immense potential, which … Read more
Public sector oil major Hindustan Petroleum Corporation Limited (HPCL) has signed an agreement with NICDC Logistics Data Services Ltd (NLDS) to integrate its APIs with Unified Logistics Interface Platform (ULIP), the Commerce and Industry Ministry announced on Monday. The HPCL API of ULIP provides Fuel Station & Pricing Visibility, which offers real-time visibility into the … Read more
Oil prices were range-bound in early Asian trading on Tuesday as investors worried about Chinese demand and awaited further market direction from a U.S. interest rate decision due on Wednesday. U.S. West Texas Intermediate crude was down 6 cents at $70.65 a barrel at 0112 GMT, while Brent crude futures fell 1 cent to $73.90 … Read more
The dollar held firm and near recent peaks on Tuesday, on the eve of an expected interest rate cut in the United States, as traders ratchet long-term rate assumptions higher. The friendless euro, which is heading for a calendar-year drop of nearly 5% on the dollar, was not far from the year's lows at $1.0518. … Read more
