Tech View: Nifty recovers marginally from US Fed outcome; what should investors do on Friday?

The Nifty50 closed in the red for the second consecutive day on Thursday, tracking weak global markets. Markets across the globe came under pressure after the US Fed raised interest rates by 75 bps. The Nifty50 recouped some losses as it staged a smart bounce back from its crucial support placed near 17,500-17,550 levels. It … Read more

Data story: India logs 4,043 Covid cases; active tally declines marginally

India on September 20 reported a decrease of 105 in active coronavirus cases to take its count to 47,379. The country is thirty-fifth among the most affected countries globally by active cases. On September 20, it added 4,043 cases to take its total caseload to 44,543,089. And, with 15 new fatalities, including six more reconciled … Read more

Exports rise marginally in Aug; trade deficit more than doubles to $28 bn

India’s exports rose marginally by 1.62 per cent to $33.92 billion, while trade deficit more than doubled to $27.98 billion in August due to increased crude oil imports, commerce ministry data said on Wednesday. The revised data showed that imports rose by 37.28 per cent to $61.9 billion in … Read more

Power generation rises marginally in July-Aug on heavy rain: Emkay Global

The power generation in first two months of the second quarter of current financial year rose marginally by 1.5 per cent on-year due to heavy rainfall during these months, Emkay Global Financial Services said in a report. This was sharply lower than 16 per cent growth in the first … Read more

India’s July trade deficit widens to record $31 bn; exports dip marginally

India’s trade deficit widened to a record $31 billion in July with a sequential decline in exports and flattish imports on the back of growing recessionary trends in developed economies and elevated commodity prices. The data released by the commerce ministry on Tuesday showed merchandise exports declined to a … Read more

Retail inflation marginally eases to 7.01% in June; IIP grows 19.6% in May

India’s retail inflation marginally eased in June to 7.01%, but stayed well above the Reserve Bank of India’s tolerance limit for sixth consecutive month as lower fuel and cooking oil prices offset higher services and food costs, showed government data on Tuesday. Despite a substantial recent increase in food … Read more

India’s retail inflation eases marginally in June, but rate hike on cards

Consumer price inflation eased slightly to 7.01 per cent in June but was above the central bank’s tolerance band for the sixth month in a row, signalling more interest rate hikes could be in store. June retail inflation rate edged down from 7.04 per cent in the previous month, … Read more

Hospitalisation increases marginally as Covid-19 cases rise in Delhi

With a surge in COVID-19 infections in Delhi, hospitals are also witnessing a slight increase in admissions, but most of these patients, doctors say, have comorbid conditions. According to the Delhi Corona app, out of 9491 designated COVID-19 beds, 263 (2.77 per cent) are occupied while 24 out of … Read more

Wheat export ban marginally positive for India inflation: British Brokerage

The ban on wheat exports is only “marginally positive” for the domestic inflation outlook, a British brokerage said on Tuesday. The ongoing heatwave poses “significant risks” to the wheat output, and the government’s surprise move to ban the exports will ease domestic price concerns only at the margins, analysts at … Read more

U.S. yields rise marginally after Fed raises rates by 50 basis points, as expected

Breadcrumb Trail Links PMN Business Author of the article: Reuters Gertrude Chavez-Dreyfuss Publishing date: May 04, 2022  •  10 minutes ago  •  2 minute read  •  Join the conversation Article content NEW YORK — U.S. Treasury yields rose slightly on Wednesday in choppy trading after the Federal Reserve raised benchmark interest rates half a percentage point … Read more