1:05 pm Nomura on Axis Bank: Global research firm Nomura has maintained its buy call on Axis Bank, but cut its target price to 620 from Rs 640. The reduction in target price implies a downside of around 3 percent.
12:27 pm Oil Price Update: Oil prices dipped, as refined product inventories in the United States rose in what the market interpreted as a sign of lacklustre demand. Brent crude futures, the international benchmark for oil prices, were down 0.3
MUMBAI/DHAKA (Reuters) – Asian countries like Bangladesh and Malaysia are struggling to secure supplies of onions after the world’s biggest exporter India restricted overseas sales amid limited availability in the global market. Onions, an essential part of the diets of
11:25 am Acquisition: Monnet Ispat share price surged 11 percent intraday Monday after steel giants and private equity firms have submitted bids to acquire the debt laden company. Sources told CNBC-TV18 that Tata Steel, JSW Steel, Vedanta and Shyam Steel
NEW DELHI (Reuters) – Uber’s [UBER.UL] chief of policy for India and South Asia has quit, two sources familiar with the matter said on Monday, in the latest high-level departure at the online taxi company. Shweta Rajpal Kohli, a former
Asian stocks are poised to rise on Monday and the dollar firmed against a basket of currencies after the latest payrolls data highlighted U.S. jobs and wages growth. Financial markets will be carefully tuned to President-elect Donald Trump’s news conference
European shares, the dollar and bond yields fell on Thursday, with traders using the quiet holiday period to book some profit on the rise that had lifted all three to multi-year and in some cases record highs recently. Weakness in
Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent. Australian stocks rode a
European and Asian share prices inched higher on Tuesday as trading in some of the world’s major financial markets resumed after a Christmas break, with oil and the dollar also rising marginally. Concerns about Italian banks, Chinese growth and U.S.