Lowe's Financial News

solar power and electric vehicles this year is smashing the forecasts of the most bullish analysts, giving hope they are on the net-zero path the world needs. If only the same could be said of other forms of clean energy. Take photovoltaic panels. Solar modules last month hit a record low 16.5 cents per watt, according to BloombergNEF, and will slump further to 14.5 cents by the end of the year.

Vedanta Ltd. gained 0.97 per cent to Rs 238.55 in Friday's trade as of 10:15AM (IST).

Varun Beverages Ltd. gained 0.92 per cent to Rs 923.05 in Friday's trade as of 10:20AM (IST).

₹58,674.00 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,724, and a low of ₹58,673. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.17 per cent higher at ₹58689 per 10 grams.

The torrent of privatisation offers, private equity bids and delistings from the ASX are set to gather pace, says one fund manager, with companies with low levels of liquidity in their shares among the prime candidates.

rupee ended at 83.03 a dollar. The dollar jumped overnight after US retail sales increased 0.6% in August versus an estimated 0.2% rise. “USDINR is expected to rise towards the higher end of the consolidation range 82.80-83.20 amid firm dollar.

dollar was on the front foot in Asia on Friday, retaining overnight gains against peers after strong U.S. economic data and an ECB rate hike, with traders' attention warily turning to a data deluge from China. U.S.

data eased worries about a recession without raising fears of a Federal Reserve rate hike next week, while Arm Holdings soared in its stock market debut. SoftBank's Arm was valued at nearly $60 billion in a strong Nasdaq debut, with the chip designer's shares soaring nearly 25% in their first day of trading. Retail sales rose more than expected in August on higher gasoline prices, while initial claims for state unemployment benefits climbed to a seasonally adjusted 220,000 for the week ended Sept. 9 from 217,000 the week before. Monthly producer prices for final demand rose 0.7% last month, against expectations of a 0.4% increase.

banking services at precisely the moment when extra funds are most needed for essential supplies such as medical supplies and food. Cryptocurrency transfers have become an increasingly popular way to provide financial assistance to disaster victims due to their speed, low costs, borderless nature, and transparent transactions.

Rain updates: The Indian Meteorological Department has issue a yellow alert for heavy rains in several Maharashtra districts today i.e. on 15 September. As per IMD, yellow alert has been issued in Thane, Raigad, Ratnagiri, Sindhudurg, Pune, Dhule, Nandurbar, Jalgaon, Ahmednagar, Kolhapur, Satara, Aurangabad, Jalna, Parbani, Akola, Amravati, Nagpur among other districts.

The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before

security forces step up counter insurgency operations in south Kashmir's Anantnag, the number of active militants remains over 100 with foreign terrorists outnumbering the local recruits. As many as 71 foreign militants were active in the region as compared to 38 local terrorists, according to data available with central agencies. On Wednesday morning, the militants targeted a joint team of security forces, comprising Army and police personnel, and killed three officers, including a Jammu and Kashmir Deputy Superintendent of Police.

NEW DELHI : French beauty products giant L’Oréal plans to double its India business over three to five years, growing at twice the pace of the local personal care market, expecting higher disposable incomes to spur demand for hair colours, skin care creams and fragrances. L’Oréal, which entered India in 1994, sells a range of beauty, personal care and coloured cosmetic products under brands such as Garnier, Maybelline New York, L’Oréal Paris and Kiehl’s. Garnier, its mass market brand for hair colours, shampoos and skin care products, is the company’s largest brand in the country.

Nasa estimated that the impact would shorten the orbit by about 10 minutes. When astronomers started observing the asteroid several hours after the impact, they found that the orbit had indeed shortened—in fact, Nasa reports a reduction of about 32 minutes, to about 11 hours and 23 minutes. As you might expect, that number is not precise—these rocks are 11 million km away, after all.

Incoming Reserve Bank governor Michele Bullock has updated her register of personal interests after failing for more than a year to declare she was a member of the exclusive Qantas Chairman’s Lounge.

Maruti Suzuki India Ltd, which dominates India’s small car segment, is urging dealers to stock up on hatchbacks, as the country’s largest carmaker anticipates a positive impact from its expanding sport utility vehicles (SUVs) portfolio. The move comes amid muted demand for hatchbacks, which has led to ballooning inventory and tied-up working capital at small car dealerships, two people aware of the matter said on condition of anonymity.

The average long-term U.S. mortgage rate edged up this week, pushing up borrowing costs for prospective homebuyers already facing a housing market limited by a dearth of homes for sale and rising prices

A crash in the shares of electric-car startup VinFast Auto is serving as a warning: One of Wall Street’s hottest financial trends in recent years often ends with everyday investors getting burned. The Vietnamese firm last month became one of the latest startups to go public by merging with a shell company, an alternative route to the stock market that became popular during the pandemic. The eye-popping swings in its shares that followed mirror the volatility that has been common among startups that went public the same way and reflect the quirks of how such deals often work.

police reforms. On Tuesday, Monu Manesar, a 'cow vigilante', was arrested by Haryana Police that is investigating July's Nuh riots. Later, Manesar was handed over to Rajasthan Police, which is probing a case in which two Muslim men were killed in Bhiwani in February.

India's vegetable oil imports rose 33 per cent year-on- year to 18.66 lakh tonne in August due to lower duties and a revival of demand after a fall in domestic rates, according to industry body SEA.

dollar index hit its highest level in six months on Thursday, as economic data was mostly stronger than anticipated and the European Central Bank (ECB) signaled it was finished with its rate hike cycle. U.S. retail sales increased by 0.6% in August, more than the expected 0.2% rise, boosted by higher gasoline prices while weekly initial jobless claims rose to 220,000 but were below the 225,000 forecast. Rising gasoline prices also affected the latest inflation data, as the producer price index for final demand rose by 0.7% last month, the most in more than a year, and higher than the 0.4% estimate. The dollar index was last up 0.5% at 105.18, just off the 105.31 level hit earlier in the day, its highest since March 10. The euro slumped against the dollar after ECB raised its key interest rate to a record high of 4% on Thursday but indicated this was likely to be its final move in a more than year-long fight against inflation as the euro zone economy continues to stagger.