FX Financial Services (2024)

25/01/2021

Be proud that you are an Indian because lucky are those who are born in this great country. Happy Republic Day!

13/01/2021

Greetings and best wishes to all on the occasion of Makar Sankranti and Pongal. May these festivals strengthen the bond of love, affection and harmony in our society and increase prosperity and happiness in the country.

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13/11/2020

Happy be To You & Your Family from Team be

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05/11/2020

Today Business News Headlines
Ø Economy to reach pre-pandemic levels by year-end: Finance Ministry
Ø Government issues ordinance to amend arbitration law
Ø Indian realty's institutional fund inflow in 2020 seen at $4.8 Bn
Ø Commercial vehicle volumes to contract 25-28% in FY21, the outlook remains negative: Icra
Ø Suspecting fraud, taxmen block input tax credit of several companies for a year
Ø Amazon India inks MoU with Silk Mark Organisation of India
Business Standard
Ø Oct services activity at 54.1, grows for the first time in 8 months: PMI
Ø India expects $3.4 Billion FDI in data center infrastructure: Anuj Puri
Ø Sebi issues guidelines for rights issue by unlisted InvITs to raise funds
Ø Saudi Arabia to remove curbs on foreign workers to attract overseas talent
Ø Reliance Jio officials depose before a parliamentary panel on data security
Ø HPCL sees two-fold jump in net profit in Q2, okays Rs 2,500-cr buyback
Business Line
Ø Gold recycling hits 8-year-high on record prices
Ø APSEZ seeks the cessation of coal terminal deal at Vizag Port Trust
Ø Apollo Tyres Q2 Net Profit more than doubles to ₹200 Crore
Ø Future Retail raises ₹350-cr loans
Ø United Spirits Q2 net profit down 21% at Rs 125 Crore
Ø Led by GenNext, Sundram Fasteners eyes buyouts in defense, EV segments
Mint
Ø US export jump narrows Sept trade gap to $63.9 billion: Govt
Ø ED files first charge sheet against Kochhar in ICICI Bank quid-pro quo case
Ø EuroPacific Growth Fund Sells 1.27% Stake in Adani Ports for ₹907 Crore
Ø IPO bound Gland Pharma eyes China, Africa market entry
Ø Adani Enterprises plans ₹50,000 Crore Capex over 5 years
Ø SBI Net Profit grows 52% in September Quarter as Retail loans shine
Financial Express
Ø Eurozone economy on track for a double-dip recession
Ø Commercial coal mining: Jindal Power wins block in Chhattisgarh on 3rd Day of Auction
Ø CAIT accuses Amazon of violating FEMA norms
Deccan Chronicle
Ø Control of US Senate at stake as Donald Trump's allies face Democrats
Ø Hospitality Industry sees signs of Revival in September
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Fx Financial Services Disclaimer: Trading forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with th...

03/11/2020

Business Standard
Ø Reliance to start gas production from R-Series field in November/December
Ø Hospitality industry pleads for a soft loan from the government: FHRAI
Ø Agricultural, Marine export bodies may move out of Commerce Ministry
Ø Reliance Capital invites bids for the sale of a stake in subsidiaries to clear debt
Ø National Investment and Infrastructure Fund acquires 2 Essel projects
Ø Maharashtra government inks Rs 35,000-crore MoUs with 15 companies
Ø Reliance EBITDA improves on the rebound; balance sheet strengthened: Moody's
Ø NCAER's business confidence index rises 41.1% in September quarter
Ø NTPC board okays buyback of 197.8 million equity shares worth Rs 2,275 cr
Ø Vedanta, Hindalco post wins in commercial coal auction; new players debut
Ø Data industry to see $5 bln investment by 2025 on higher digitization
Ø RBI temporarily postpones circular on current account till December 5
Business Line
Mint
Ø L&T bags construction order of bullet train project
Ø Kalrock-Jalan consortium deposits ₹150 cr as the first step to take ownership of Jet Airways
Ø Manufacturing PMI at a 13-year high of 58.9 in October
Ø Embassy REIT Q2 profit flat at ₹232.56 crore
Ø Escorts Q2 net more than doubles to ₹227 crore
Ø Zydus Cadila standalone net up 17% in Q2
Ø BPCL eyes doubling bunkering oil sales volume to 14 tmt with terminal upgrade
Ø PNB reports 18% decline in Q2 net profit on higher provisions
Ø Tata Motors sales rise 27% to 49,669 units in Oct
Ø CCI approves acquisition of Bharti AXA by ICICI Lombard
Ø Escorts Ltd reports stellar growth as tractor sales continue to stay strong
Ø Indian Oil says no plan for share buyback as of now
Financial Express
Deccan Chronicle
Ø Microsoft's FY20 profit jumps 62% in India to Rs 625 cr even as expenses increase nearly 19%
Ø BPCL eyes doubling bunkering oil sales volume to 14 tmt with terminal upgrade
Ø Telecom sector revenue growth at 5% in Q2 on easing of lockdown curbs: Report
Ø Manufacturing PMI expands to a 13-year high in October, signals economic recovery
Ø Centre to delink land held by 17 sick PSUs
Ø India's economy worst-hit among emerging markets
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Fx Financial Services Disclaimer: Trading forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with th...