Lowe's Financial News

equity market is expected to open on a cautious note amid mixed cues from global peers. The Asian markets traded mostly lower after the release of China’s Inflation data. Trends on GIFT Nifty indicate a positive start for the broader index.

dollar was on the back foot on Monday after a miss in U.S. jobs data scaled back market expectations on how much further the Federal Reserve would need to raise rates, while focus in the Asia day was on China's inflation data release. The U.S.

Joe Biden confirmed the decision to send cluster bombs to Ukraine as part of a military aid package worth $800 million. He acknowledged the difficulty of the decision but emphasised Ukraine's need for ammunition. He also stated that he had discussed the matter with allies beforehand.

Buy or sell stocks for today: Snapping seven days rally, Indian stock market witnessed profit booking on Friday last week. 50-stock index NSE Nifty ended 165 points lower at 19,331 levels while BSE Sensex lost 505 points and closed at 65,280 mark.

Srijith has been a regular investor in government savings schemes. He has a PPF account, in which he invests every year. He also parks funds in fixed deposits whenever he has surplus money.

LONDON (Reuters) — Pay pressures in Britain's labour market cooled further in June, according to a survey of recruiters published on Monday that could help ease some of the Bank of England's (BoE) concerns about inflation pressure.

Nearly a decade ago, an army of bankers, lawyers and traders ditched their regular day jobs to become experts on Libor — the London Interbank Offered Rate.

MUMBAI : Shares of Reliance Industries Ltd (RIL), which have underperformed the broader market this year, are expected to get a sentiment boost this week following news about the upcoming demerger and listing of Jio Financial Services, as well as the buyout of minority shareholders in Reliance Retail, analysts said. The firm on Saturday informed exchanges about the National Company Law Tribunal approving the planned demerger, as well as the record date for the same.

NEW DELHI : India’s manufacturing sector has failed to capitalize on multinational companies’ efforts to diversify supply chains away from China, foreign direct investment (FDI) data shows, even as manufacturing continues to shrink at the northern neighbour. Expectations of higher inflows into Indian manufacturing had taken root as China’s purchasing managers’ index (PMI) for manufacturing contracted in seven of the last 12 months, as Beijing struggles to reopen its economy after exiting its controversial zero-covid policy early this year. India’s PMI for manufacturing did not contract in the past year, but against expectations, FDI inflows fell 22% to $46.03 billion in FY23 amid high inflation and recessionary trends in developed economies.

NEW DELHI : The Centre is likely to roll out the much-anticipated viability gap funding (VGF) scheme for coal gasification in the next two to three months, said the union minister for parliamentary affairs, coal and mines Pralhad Joshi. In an interview, the minister said the proposal for VGF support worth ₹6,000 crore has been approved by the expenditure finance committee (ECF). “In principle, finance ministry has allocated around ₹6,000 crore.

NEW DELHI : India’s retail inflation is likely to have inched up to 4.6% in June from a 25-month low of 4.25% in the previous month on account of higher food inflation driven by vegetable, pulses and cereal prices, showed a Mint poll of 19 economists. The poll predicts consumer price inflation (CPI) in a range of 4.1-4.8%, with all but two economists expecting inflation to rise. Official data is scheduled to be released on 12 July.

British actor James Norton, known for his roles in Happy Valley and McMafia, has opened up about his experience managing diabetes during a recent theatre performance of the play A Little Life. Norton, who plays the lead role of Jude, revealed that he relied on glucose shots and hidden food on stage to control his blood sugar levels throughout the demanding three-and-a-half-hour show. Norton has been diagnosed with diabetes type 1, a condition that requires constant monitoring of blood sugar levels.

Ladakh, and Jammu and Kashmir for the third consecutive day on Sunday, officials said. With water bodies swollen, the meteorological department issued a red alert for Monday for certain parts of the Jammu region and Ladakh, while residents in dozens of lower catchment areas in the Jammu region were evacuated to safety as a precautionary measure.

ANZ will remain an outlier on mortgage stress-testing rules compared to its rivals, believing that relaxing lending criteria for refinancing borrowers would be a marketing exercise that would have little effect.

Brussels/London | European aluminium producers are warning that a loophole in the EU’s carbon border tax will lead heavily polluting exporters such as China to circumvent the rules and flood the bloc with low cost, emissions heavy metal.

In the ever-evolving world of mutual funds, investors often grapple with a query – when is the perfect time to sell? But more than worrying about the perfect time to sell, investors should rather focus on maximising tax savings and investing in the right funds or schemes for the long term to let the power of compounding work.  

The ministry of consumer affairs on 30 June announced a weird-sounding competition: a ‘Tomato Grand Challenge’ hackathon. Last year, there was an ‘Onion Grand Challenge.’ Both came after the prices of these commodities had risen sharply. The objective is to encourage citizens to share ideas to ensure the availability of tomatoes and onions at prices that are fair for both consumers and producers.

Indian Express, that the water logging was reported from across the district. She also added that the disaster response teams have recovered around 250 animals. “The evacuation drive is also going on in the low-lying areas near Ghaggar, in Tiwana village near Bhankharpur in Derabassi, the evacuation was completed as a precaution," IE quoted her as saying.

AIX-EN-PROVENCE, France (Reuters) — France's central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from some French economists to raise the European Central Bank's (ECB) 2% inflation target.

By Andrea Shalal

Investing.com — Is the macro picture for oil and gold changing? The softer-than-expected U.S. jobs numbers for June sent both crude and the yellow metal rallying on Friday as the dollar tumbled its most in a day percentage-wise since February. All eyes are now on the coming week’s reading on inflation, which, if tame, could unleash more risk appetite.