stock market analysis: Tech View: Bullish engulfing candle on monthly chart reflects improved sentiment

New Delhi: Nifty50 on Friday climbed for the third straight day and topped the 17,100 level on a closing basis. During the day, the index took out its 200-day simple moving average with a gap-up start earlier in the day and reflected strength. The index formed a bullish candle on the daily scale. On the … Read more

IAG forecasts improved margin after missed target – Corporate – Insurance News

IAG has increased its natural perils allowance for the current financial year and has forecast stronger gross written premium (GWP) growth and an improved margin following missed guidance in the past year. CEO Nick Hawkins says top-line and margin improvement is expected, after results for the year ended June 30 were affected by high natural … Read more

nirmala sitharaman: Trust-based taxation system resulting in improved collections: FM Nirmala Sitharaman

Finance minister Nirmala Sitharaman on Sunday said that the trust-based taxation system introduced by the government has resulted in improved collections and increase in the number of return filings. In her message on the 163rd Income Tax Day, the finance minister complimented the department for achieving the highest-ever revenue collection of over Rs 14 lakh … Read more

BHP expects improved production in year ahead but warns on labor, inflation (NYSE:BHP)

CUHRIG/E+ via Getty Images BHP (NYSE:BHP) missed estimates for Q4 iron ore production but said it expects to increase production of commodities in the year ahead after output in FY 2022 was slowed by wet weather and a tight labor market. In its latest operations update, BHP (BHP) reported Q4 production of iron ore from … Read more

Cabinet approves Taranga Hill-Ambaji-Abu Rd rail line for improved mobility

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Taranga Hill-Ambaji-Abu Road new rail line to provide connectivity and improve mobility, Union Information and Broadcasting Minister Anurag Thakur said in a Cabinet briefing. The estimated cost of this project is Rs 2798.16 crores and will be completed by … Read more

Trowbridge strata report recommends improved disclosure – Daily – Insurance News

An independent review of strata insurance practices has recommended standard templates and definitions as part of a self-regulatory solution to provide greater transparency around costs and remuneration paid to brokers and strata managers. The report, commissioned by Steadfast and produced by consultant John Trowbridge, says insurance quotations should be accompanied by a statement of scope … Read more

Improved economic activity to support demand for steel, cement & chemicals in India: Fitch

Fitch Ratings forecast strong medium-term growth to support the demand for India’s steel, cement and chemicals sectors, with improved economic activity boosting power and petroleum product sales. The credit rating agency also said the adequate balance sheet buffers and strengthening demand should mitigate pricing and cost pressure at most … Read more

New Research Reveals U.S. Gas Pipeline Leaks Have Not Improved

New You can now listen to Insurance Journal articles! Over 2,600 hazardous gas pipeline leaks in the United States caused more than $4 billion in damages and emergency services, killed 122 people, and released 26.6 billion cubic feet of fuel as methane or carbon dioxide, according to a report released on Thursday. The report, by … Read more