Augustine Jerome

Jason Kenney stepped down as Alberta premier after winning just 51.4% support of party members in a leadership vote, plunging the oil-rich Canadian province into political turmoil.

SINGAPORE (Reuters) - Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China as the country gradually eases some of its strict COVID-19 containment measures.

McDonald's to Exit Russian Market After Three Decades
As war in Ukraine continues, the fast-food giant joins the ranks of Western companies pulling out of the country

At 11:31 am (IST) on Monday, the shares of Indus Towers Ltd. were trading at Rs 186.25 crore on the BSE, up 1.8% from the previous close.

The Reserve Bank of India (RBI) on Friday allowed banks, including small finance banks, to continue to provide credit facilities to NBFC for on-lending to certain priority sectors.

Wall Street spiked higher Friday, closing in a week of sharp market volatility, as easing signs of topping inflation clashed with fears that tighter Fed policy could plunge the economy into recession.

New Delhi: The US inflation data released overnight caused the domestic index to plunge on Thursday morning. The U.S. CPI index fell to 8.3% in April from 8.5% in March, but was still higher than analysts' expectations of 8.1%

Shares of Marico Ltd NSE 2.36 %. traded 2.19 per cent up at Rs 511.5 on Friday at around 12:22PM (IST), while the benchmark BSE Sensex advanced 734.55 points to 53664.86.

The Reserve Bank of India's affinity for gold appears to be growing. According to data released by the RBI, gold's share of total foreign exchange reserves rose to 7% at the end of March, up from about 5.88% six months earlier.

Anand Rathi bought Firstsource Solutions at a target price of Rs. 145. the current market price for Firstsource Solutions NSE 0.37% is Rs. 109.45. The analysts have given a time frame of one year for Firstsource Solutions Ltd. to reach the set price target.

NEW DELHI - Shares of Birla Corporation fell 6.8 percent in early trading Thursday after the Birla Group reported a series of disappointing figures for the fourth quarter of its last fiscal year, with net profit falling sharply due to credit adjustments.

Munish Randev, founder and CEO of Cervin Family, said that net returns for many pre-IPO funds have been low because finding a good company to invest in at an attractive price point is not an easy task, and this is true in an active IPO market.

NEW DELHI--Kansai stock Orange Blossom Sour NSE -3.78 % Paints fell 6.5 percent in early trading Wednesday as investors expressed disappointment over the company's sharp drop in net profit in the last quarter of its last fiscal year.

New Delhi: Shares of Lancer Container Lin, Dhanvarsha Finvest NSE 0.00%, Global Education NSE 9.95%, Guido in and Central Bharat Agri NSE 5.00% at 10:34 am hitting a new 52-week high (IST) on the NSE.

Exide Industries Ltd has fallen by around 20% in the last year while the Nifty50 has risen by over 11% in the same period, but experts believe that the long-term story is still intact. The company has a market capitalization of over Rs 12,000 crore and hit a new 52-week high of Rs 202.95 crore on the BSE in September 2021.

The Reserve Bank of India's unexpected rate hike on Wednesday will raise yields in the banking system by an average of 10-15 basis points, with private banks gaining even more as 57% of their loans are pegged to external benchmark rates, 40% of the marginal cost of lending rates, according to a report.

The DSP Flexi Cap Fund completed 25 years last week. The scheme was launched in April 1997 and has returned about 19% annually. The news has started ET Mutual Funds thinking about how many Indian equity mutual fund schemes have completed 25 years and how much return they have provided since inception.

As of 1.08 pm (IST) on Wednesday, shares of Vedanta Limited fell by 1.72 percent to Rs 400.95, though shares of Benchmark Nifty were trading at 16877.95, down 191.15 points. The stock closed the previous trading session at Rs 407.95.

In Wednesday's trade, shares of Page Industries Ltd. fell 0.57% to Rs 45341.45 at 11:36 am (IST). So far, the stock has touched a high of Rs 46083.55 and a low of Rs 45136.7 during the session. The stock closed at Rs 45601.8 in the previous session.

Augustine Jerome is now on WhatsApp.

India's peak electricity demand reached or reached its highest supply of the day on Thursday, reaching a record high of 204.65 gigawatts as the ongoing heat wave swept across large parts of the country and demand for electricity continued to rise. A source said "in the month of April 2022 (up to 14:50 hours as of April 28), the peak power demand met increased by 12.1 percent to 204.653 GW from 182.559 GW in the same month last year."Translated with www.DeepL.com/Translator (free version)

Shares of Facebook's parent company surged 17.6 percent after the social network reported higher-than-expected profit and rebounded from a decline in users, after a strong quarterly report from Meta Platforms boosted battered technology and growth stocks and offset concerns about a contraction in the U.S. economy in the first quarter.

Augustine Jerome updated their business hours.

Gold prices fell Wednesday as the U.S. dollar strengthened and gold edged lower. Spot gold fell 0.1 percent to $1,903.16 an ounce by 0037 GMT as the dollar remained at its highest level in more than two years and dampened demand for dollar-denominated gold. U.S. gold futures rose 0.1% to $1,905.80. The stronger U.S. dollar has somewhat reduced the attractiveness of U.S. dollar-denominated gold to holders of other currencies.

Augustine Jerome updated their website address.

Musk's privatization of Twitter, a deal finalized by Musk on April 25, 2022 to acquire Twitter for $44 billion, resulted in a series of changes designed to align the interests of managers and shareholders, including concerns about board independence and adjustments to executive compensation, among other implications.

At 1:03 PM (IST) on Monday, the shares of ICICI Prudential Life Insurance Company Ltd. were trading at Rs 510.45 on the BSE, down 2.61% from the previous closing price. The stock was quoted at a 52-week low of Rs 430.0 and a high of Rs 724.5. Earlier in the morning, the company's shares opened with a short jump. The economic situation in the market and the reasons for the epidemic were among the factors that influenced the rise or fall of the stock.

To facilitate banks to expand their operations and drive credit growth in the productive sector, the Ministry of Finance on Friday urged public sector banks (PSBs) to prepare to strengthen their balance sheets by raising funds from the market. In the public sector banks will continue to work hard and perform better on all metrics including profitability. The Governor of the Reserve Bank of India has asked banks to take proactive steps to enhance their resilience and lending capacity by raising capital. Malhotra urged banks to further strengthen their balance sheets and raise funds from the market. Banks are taking proactive steps to increase their resilience and lending capacity by raising capital. The move by the Finance Ministry on Friday to urge public sector banks (PSBs) to strengthen their balance sheets by raising funds from the market will help share best practices while finding innovative solutions.