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TOP CORPORATE NEWS- 11 OCT 2018

Yes Bank gains 3% ahead of CEO-search committee meet Shares of Yes Bank gained ~3% in the afternoon session Thursday ahead the first meeting of its CEO-search committee scheduled later today to select the successor of current MD and CEO Rana Kapoor. On Friday, India’s fourth-largest private sector lender Yes Bank had appointed a search

TOP CORPORATE NEWS- 10 OCT 2018

RBI to pump Rs12Kcr in markets on Oct 11 to manage liquidity The Reserve Bank of India (RBI) has announced that it will pump in Rs12, 000cr of liquidity into the system by purchasing government bonds on October 11. This is mainly to aid the markets to meet the festive demand for funds. This exercise

TOP CORPORATE NEWS- 17 SEP 2018

Indraprastha Gas receives order from PNGRB Indraprastha Gas has received a letter from the Petroleum and Natural Gas Regulatory Board (PNGRB) for development of a CGD network, the company said in a press release to the exchanges on Monday. “The Company has received the letter dated September 13, 2018, from PNGRB authorizing the Company for

MCX COMMODITY EVENING MARKET NEWS UPDATES – 23 OCT 2017

Demand for Gold Drops Amid Stronger U.S. Dollar, Appetite for Risk – Gold prices hit a two-week low early Monday as investors continued to react to rising U.S. Treasury yields and increased demand for higher risk assets. The rise in Treasury yields is helping to make the U.S. Dollar a more attractive investment which is

Gold prices inch up from one-week low – 18 OCT 2017

Gold prices inched up on Wednesday from a one-week low with the dollar holding steady, but speculation that President Donald Trump might pick a policy hawk to lead the U.S. Federal Reserve weighed on the metal. Spot gold was up 0.1 percent at $1,286.11 an ounce at 0350 GMT. It hit a one-week low of

MCX COMMODITY MARKET NEWS & LEVELS – 17 OCT 2017

Gold Prices Fall In Asia As Dollar Gains Deter, Safe-Haven Demand Eases. Gold prices fell in Asia on Tuesday as investors noted a stronger dollar and less appetite for safe-haven plays weighed on sentiment and as physical demand in India for the holiday season has failed to lift the futures market. Overnight, gold prices held

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