AWAITED
New system to ease FPI access to Gsecs awaits RBI nod
Foreign investors seek improved access to Indian bonds through global platforms, awaiting RBI approval. The new model aims for efficient trading with straight-through processing on the NDS-OM platform.
Gold ekes out gains as investors await US jobs data
Gold prices edged higher on Monday as a lower dollar prompted some short covering from investors with focus turning to U.S. jobs data due later this week that could offer more cues around interest rate cuts by the Federal Reserve.
Nifty bulls await directional move, auto stocks in focus
Auto stocks were in focus amid the release of June month sales numbers. Shares of Samvardhana Motherson, Hero Moto, Bharat Forge, Maruti Suzuki, and Bajaj Auto rallied over 1% each. Within the Nifty50 pack, JSW Steel, and Bharti Airtel rallied over 1%, while NTPC, Power Grid, and Apollo Hospitals fell up to 2%.
The initiative for doorstep delivery of services, which has been inactive for nearly three months, awaits relaunch
Delhi's doorstep service delivery programme faced delays and discontinuation, impacting residents' access to essential documents. The initiative, involving partnerships and mobile service facilitation, awaits government approvals for potential revival to benefit the community once more.
Prabhas-Amitabh starrer ‘Kalki 2898 AD’ releases; moviegoers react to the much-awaited Sci-fi film
In Mumbai, a crowd gathered at a Theatre to watch the premiere of "Kalki 2898 AD," celebrating with dancing outside the venue. The film features stars like Amitabh Bachchan, Kamal Haasan, Prabhas, and Deepika Padukone. Enthusiastic fans displayed cutou...
Essar awaits final approvals to start work on $4.5 billion steel plant in Saudi Arabia
The oil-rich kingdom is eyeing becoming an electric vehicle manufacturing hub, manufacturing more than 3 lakh cars annually by 2030. Essar is looking to tap into the demand for steel for such cars as well as for other consumer goods industry.
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'Punjabi aa gaye oye': Diljit Dosanjh shares sneak peek ahead of highly-awaited appearance on Jimmy Fallon's show
Diljit Dosanjh Jimmy Fallon: As anticipation builds for Diljit Dosanjh's upcoming appearance on 'The Tonight Show With Jimmy Fallon', the beloved actor-singer has shared a glimpse from the show's set on his social media platforms. Taking to his Instagram account, he posted a video showcasing his busy preparations with his team ahead of the show.
Dollar wobbles as markets await more Fed clues; RBA meeting in focus
The dollar weakened against the euro and sterling as concerns about a far-right French government eased. Market focus shifted to key reports and comments from the Federal Reserve for rate cut clues.
Gold slips as investors await clues on US rate cuts
Gold prices fell on Monday as the U.S. dollar held firm, while investors looked forward to economic data and comments from Federal Reserve officials for clarity on the rate cut timeline.
HDB Financial awaits parent’s approval to begin IPO journey
HDB Financial Services, the non-banking financing arm of HDFC Bank, is preparing for an IPO to list by September 2025 with a valuation range of $9 billion to $12 billion. The lender plans to open 200 branches this fiscal year to expand its loan book.
Kuwait fire tragedy: Families of suspected deceased Keralites await official confirmation
Families of suspected deceased persons from Kerala are mourning the loss of their loved ones in the Kuwait fire incident, with many yet to receive official confirmation. 14 individuals from Kerala were reported dead in the fire, but families are still awaiting confirmation. The tragic incident in Mangaf claimed the lives of 49 foreign workers, including approximately 40 Indians, with many suffering from injuries due to the fire that started in a building early Wednesday.
European shares rise as markets await US inflation, Fed verdict
European shares opened higher on Wednesday, supported by a drop in euro zone bond yields. Investor focus shifted to crucial events like U.S. inflation print and the Federal Reserve's monetary decision amid French political uncertainty.
Nasdaq, S&P 500 rise with Apple; investors await inflation report, Fed decision
The S&P 500 and Nasdaq, buoyed by Apple's surge, await the Fed's update. Positive market sentiment follows a strong U.S. jobs report. General Motors' shares rise on the announcement of a $6 billion buyback plan.
PM Modi equals record feat of 3rd straight term as challenges await
Prime Minister Narendra Modi took the oath of office for a third straight term, making history as the first non-Congress leader to achieve this feat. His BJP party's third-best tally of 240 seats is seen as a disappointment despite the victory. The National Democratic Alliance, led by Modi, won 293 seats, the biggest success for any pre-poll alliance without a single party majority. Modi's political journey from Gujarat chief minister to the helm of Indian politics has been marked by a mix of Hindutva and development, reshaping the political landscape.
Mystery pitch awaits crestfallen Pakistan in Twenty20 World Cup cricket match against India
Pakistan captain Babar Azam cannot afford another loss that might put his team's progress to the Super 8 playoff stage in serious danger. Nothing seems to have gone right for Pakistan since the Babar-led team lost the T20 World Cup final against England in 2022. Pakistan lost T20 internationals against Afghanistan, understrength New Zealand, Ireland and England before losing to the U.S in the shock upset on Thursday.
Massive fire breaks out in Patna-Jharkhand passenger train coaches; details awaited
Fire broke out in the coaches of a Patna-Jharkhand passenger train on Thursday, and efforts are underway to put out the fire.
Gold firms on Fed rate cut hopes; investors await more US data
Gold prices edged higher on Monday as signs of cooling U.S. inflation lifted hopes for interest rate cuts from the Federal Reserve this year, while traders awaited a slew of U.S. economic data due this week.
Gold holds steady as investors await US data for more Fed clues
Gold prices steadied as investors awaited U.S. economic data for clues on Federal Reserve's monetary policy easing. Spot gold stood at $2,326.86 per ounce and U.S. gold futures at $2,347.40.
'Party in the USA' but Pakistan and India await for T20 co-hosts
The USA secured their first T20 World Cup victory at the Grand Prairie Cricket Stadium in Texas. Aaron Jones' impressive performance led to a thrilling seven-wicket win over Canada, marking a significant milestone for cricket in the USA.
Asia stocks gain, dollar drifts as inflation tests await
Asian stocks rose for the fourth month, while the dollar drifted lower. Investors await inflation readings from Europe and the U.S. for interest rate guidance.
Oil prices down on demand woes as markets await U.S crude stockpiles data
Oil prices down on Thursday as markets await U.S. crude oil stockpiles data. Brent futures at $83.52 a barrel, U.S. WIT crude at $79.19. API figures show inventory changes.
Dollar ebbs as markets await key global inflation reports
The dollar weakened on Tuesday awaiting key inflation data for global interest rate guidance. Euro held steady despite dovish ECB comments. GBP and NZD gained, with focus on US PCE price index report on Friday.
Oil prices steady as investors await inflation data, OPEC+ meeting
Oil prices stable in Asian trading as investors await U.S. inflation data and OPEC+ meeting outcomes on June 2. Brent crude July and August contracts, along with U.S. WTI crude futures, show minor fluctuations.
Dollar up as traders await Fed clues; sterling rises
Fed Governor Christopher Waller on Tuesday said he would need to see several more months of good inflation data before he would be comfortable supporting rate cuts.
Dollar consolidates as Fed urges patience; markets await meeting minutes
Investors have been shoring up rate cut bets after a milder inflation reading last week boosted expectations for U.S. rate cuts this year.
Extreme deprivation, once synonymous with India, is set to become extinct: RBI
The Reserve Bank of India, in its monthly bulletin, highlighted India's imminent economic upturn, noting international recognition and anticipation of poverty eradication. The central bank emphasized growing optimism globally and cited commendation from external agencies like the International Monetary Fund for India's significant strides in reducing poverty.
Dollar steady as traders await clues on US rate path
Data last week showed U.S. consumer prices for April eased, leading to markets pricing in 50 basis points (bps), or at least two rate cuts this year, but various Fed officials have sounded words of caution about when rates may fall.
Dollar slips as market awaits key inflation data
The dollar slid versus most major currencies on Monday amid expectations key U.S. data this week will show a slowing pace of inflation and consumer spending at a time of recovering European economies that also could be bolstered by interest rate cuts.
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