Low Financial News
08.07 / 19:41
Target
MET
Low
Low-key turnout for pro-Khalistani protest in London
Indian High Commission in London. The rally, which used controversial posters inciting violence with images of the Indian High Commissioner Vikram Doraiswami and Dr Shashank Vikram, Consul General of India in Birmingham, had a relatively low-key turnout.
08.07 / 11:17
UPS
Provident
Lowe's
Booking
Low
Chair car passenger travel in low occupancy trains to get cheaper
premium trains. An official statement said this scheme shall be applicable in Air Conditioned (AC) Chair Car and Executive classes of all trains having AC sitting accommodation including Anubhuti and Vistadome coaches. “The element of discount shall be up to maximum 25% on the basic fare.
08.07 / 09:27
UPS
Lowe's
Yellow
Low
Gold rates today at three-month low. Should you buy in this correction?
Gold rate today: After losing to the tune of 3.30 per cent the June month rally, gold prices ushered in the month of July on a promising note. Despite US Fed rate hike concern has been working as a taper for the gold price rise, bargain buying has supported bounce back in the bullion metal from the support levels. Gold future contract on Multi Commodity Exchange (MCX) for August expiry ended ₹391 per 10 gm higher on Friday in the week gone by, logging to the tune of 0.65 per cent intraday rise on the weekend session.
08.07 / 09:25
UPS
Provident
Booking
Executive
Low
Slash
Railways to slash prices of AC chair car, executive classes on low-occupancy routes, by up to 25%
Indian Railways on Saturday announced that it was delegating powers to the Zonal Railways to introduce discounted fare scheme in trains with AC chair cars. «With a view to optimize utilization of accommodation in trains, Ministry of Railways has decided to delegate powers to Zonal Railways to introduce discounted fare scheme in trains with AC sitting accommodation, subject to terms and conditions,» a press release from the government read. «This scheme shall be applicable in AC chair car and executive classes of all trains having AC seating accommodation, including Anubhuti and Vistadome coaches,» the Railway Board order stated.
07.07 / 12:51
Ethereum
Polygon
Ethereum 2.0
layer2
zk-Rollup
Testnet
Low
Polygon spinoff launches testnet bridge to allow for low-cost layer 2s
Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge will allow developers to easily create “validiums” or low-cost layer 2s that do not store full transaction data on Ethereum, the announcement stated.
07.07 / 12:39
UPS
Lowe's
Booking
NIFTY
VIX
Low
week
Tech View: Nifty breaks higher low pattern of last 7 days. What traders should do next week
Nifty on Friday ended 165.5 points lower to form a long bear candle with a long upper shadow on the daily charts. On the weekly scale, a small bodied bullish candle was seen where the index has been forming higher lows for the last 15 weeks. Now, it has to hold above 19,300 zones to extend the move towards 19,420 and fresh all-time high levels of 19,525 zones while on the downside support is intact at 19,250 and 19,100 zones, said Chandan Taparia of Motilal Oswal.
07.07 / 11:29
UPS
Provident
Lowe's
Twitter
Action
crypto experts
Low
Zuck Meme Coin Blasts Up 30,000% and Crypto Experts Say Wall Street Memes is the Next Best Low Cap Gem – $13 Million Raised Already
The price of Zuck Coin (ZUCK) has risen by more than 130% in the past 24 hours, with the new meme token enjoying a 30,000% gain since it first listed on Uniswap a few days ago.
07.07 / 10:33
Provident
Lowe's
Reuters
Progressive
ADP
analysts
Low
Rupee sits at one-month low against US dollar; may depreciate further to 83, say analysts
US Federal Reserve would be more aggressive than expected in increasing interest rates this year. The local currency fell to the levels of 82.66 to a dollar, its lowest since May 30. It has weakened by nearly 0.84% against the American currency so far this week.
06.07 / 11:43
06.07 / 11:01
COST
Lowe's
MET
VISA
Low
Imports of low ash Met Coke under Safeguard duty probe scanner
Directorate General of Trade Remedies (DGTR) has initiated a Safeguard duty (Quantitative Restrictions) investigation concerning imports of low ash metallurgical coke (Met Coke) into India. This probe has been triggered after complaints from BLA Private Limited, Jindal Coke Limited, Saurashtra Fuels Private Limited, Vedanta Malco Energy Limited, and Visa Coke Limited. According to a DGTR notice, the applicants have alleged that there has been a ‘sudden, sharp, significant, and recent’ increase in volume of low ash metallurgical coke imports in India.
06.07 / 03:57
UPS
FIVE
Manufacturing
Mobile
Samsung
Low
Results preview: Persisting chip glut to pull down Samsung's profit to 14-year-low
Samsung Electronics' June-quarter profit is expected to plunge 96% year-on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut. Operating profit for the world's biggest maker of memory chips, smartphones and TVs likely fell to 555 billion won ($427 million) in the April-June quarter, according to a Refinitiv SmartEstimate from 27 analysts, weighted toward those who are more consistently accurate.
05.07 / 18:43
COST
Lowe's
Manufacturing
services
Low
Services activity hits 3-month low in June
PMI Business Activity Index to 58.5 in June, compared with 61.2 in May. This is the second month of decline after services PMI had scaled a 13-year high of 62 in April. A value of over 50 denotes expansion. Despite the easing, growth prospects strengthened as firms expected demand conditions to improve. “Demand for Indian services continued to surge higher in June, with all four monitored subsectors registering quicker increases in new business inflows,” said Pollyanna De Lima, economics associate director at S&P Global Market Intelligence. The 400 service firms highlighted healthy demand and marketing initiatives as major contributors for the uptick in new business. The better outlook bodes well for the economy, as manufacturing is expected to ease owing to the global slowdown.
05.07 / 17:21
COST
Lowe's
Booking
Chase
Parke
Low
Private banks see low-cost deposits’ share shrink in Q1
MUMBAI : Private sector banks saw the share of low-cost current and savings account (Casa) deposits contract in the first three months of the current financial year as customers chasing better returns preferred to park funds in fixed deposits, showed business updates by individual banks. The trend was visible across large lenders like HDFC Bank as well as smaller ones like IndusInd Bank, IDFC First Bank, Federal Bank and Yes Bank, business updates by individual banks showed. IDFC First Bank and Bandhan Bank recorded the sharpest sequential dip in Casa ratio, with a decline of 330 basis points (bps) in the first quarter.
05.07 / 13:52
COST
Citi
Lowe's
FIVE
Low
Railways reviewing fares of some Vande Bharat trains with low occupancy: Sources
Railways is reviewing the fares of some short-distance Vande Bharat trains with low occupancy to make them more viable for people, sources said on Wednesday. Barring a handful of such low occupancy trains, most of the services of this semi-high speed train currently is running with full occupancy, according to official data. Vande Bharat trains like the Indore-Bhopal, the Bhopal-Jabalpur and the Nagpur-Bilaspur express, along with some others are likely to fall in this category, the sources said.
05.07 / 13:15
COST
UPS
Target
Low
Marico's revenue in Q1 dips in low-single-digit, expects gross margins to expand ahead; should you buy this FMCG stock?
₹538.85 apiece, up by ₹12.25 or 2.33% on Wednesday. After the Q1 update, Amnish Aggarwal – Head of Research, Prabhudas Lilladher on Marico said, "Urban markets and premium categories continue to see stable demand trends; recovery in rural markets is delayed by another quarter.
05.07 / 09:09
COST
Provident
Lowe's
Manufacturing
COMPOSITE
services
Low
India services sector growth falls to three-month low in June
Global Market Intelligence. "This bullish pick-up in growth momentum supported a further sharp upturn in business activity and encouraged another uplift in employment figures, boding well to near-term growth prospects," she added. India's services sector, one of the fastest growing in the world, contributes to over 50% of the country's GDP.
05.07 / 08:37
05.07 / 07:19
Lowe's
Booking
NIFTY
Low
Bandhan Bank stock slumps 7% to 2-month low on Q1 update, CFO resignation
Bandhan Bank slumped nearly 7% to hit their lowest level in over two months on Wednesday following the news of the resignation of chief financial officer Sunil Samdani. Besides, the provisional quarterly update shared by the lender showed a sequential decline in the loan book for the quarter ended June. Shares of the bank hit a low of Rs 216.10 on the National Stock Exchange in early trade, but were trading slightly off lows at Rs 221.85, with a cut of 4%.
05.07 / 05:21
COST
Lowe's
Manufacturing
COMPOSITE
service sector
Low
India's service sector growth weakens to a three-month low in June
The S&P Global India services Purchasing Managers' Index (PMI) fell to 58.5 last month from 61.2 in May. Data on Tuesday showed that India's manufacturing PMI fell to 58.7 in June from 57.8 in May. As a result, India's composite PMI reading retreated to 59.4 in June from 61.6 in May.
04.07 / 19:17
COST
UPS
Lowe's
Merit
Low
‘NPS is an attractive product because of its low cost’
Mint that the SWP option is slated to be rolled out in October. Edited excerpts from the interview: What is the checklist that you have for your tenure? The larger focus will be on the NPS sector but since the adoption of pension scheme in the non-government sector is quite low, we want to focus on an all-citizen model. Globally, one of the critical issues faced by elderly people is poverty due to the lack of a sustainable source of income in their old age.
04.07 / 11:21
COST
UPS
Lowe's
Twitter
crypto experts
Low
Joe Rogan Meme Coin Blasts Up 20,000% and Crypto Experts Say Thug Life Token is the Next Best Low Cap Gem – Less Than 13 Days Left
The Joe Rogan meme token has gained by more than 20,000% in the past 24 hours, with its price rocketing to $0.00001376 after the ROGAN/WETH pair was added to Uniswap yesterday.
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