The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.05 per cent to 91.82.
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.
UltraTech Cement was the top gainer in the Sensex pack, rising about 2.5 per cent, followed by Infosys, Sun Pharma, Bajaj Auto PowerGrid, ICICI Bank and IndusInd Bank.
Global carbon capture and storage capacity grew by a third in the past year, but it was far too slow to meet global climate targets, the Global CCS Institute said on Tuesday.Oil prices fell on Tuesday as concerns over mounting supply returned to the fore after leading producers delayed talks on 2021 output policy that could extend cuts as the coronavirus pandemic continues to sap fuel demand.Gold prices recovered from fivemonth lows on Tuesday as worries over spiking COVID19 cases offset optimism around vaccine developments and nudged investors towards the precious metal.Gold prices recovered from fivemonth lows on Tuesday as worries over spiking COVID19 cases offset optimism around vaccine developments and nudged investors towards the precious metal.Japan is loosening regulations on parttime work for foreigners stuck in the country due to the novel coronavirus and having trouble supporting themselves, the government said on Tuesday.South Korea's LG Chem Ltd plans to more than double production capacity of battery cells it makes in China for Tesla Inc electric vehicles (EV) next year, sources said, to keep up with its U.S. client's growth in the biggest car market.
The Singapore Exchange's Nifty futures showed a 0.22% growth, which is a raise of 28.8 points. It has now reached 13,025.80 ahead of the opening of Indian markets on Tuesday.Indian shares edged higher on Tuesday following their best monthly gain since April, with sentiment lifted by a smallerthanexpected contraction in Asia's thirdlargest economy and broader optimism stemming from hopes for a COVID19 vaccine.
In Delhi and Mumbai, 22-carat gold costs Rs 46,850 per 10 gram and Rs 47,240 per 10 gram, while 24-carat gold can be bought at Rs 51,100 per 10 gram and Rs 48,240 per 10 gram.Asian share markets opened slightly higher on Tuesday buoyed by the prospect of a COVID19 vaccine, reversing the previous day's dips as investors took profits at the end of a recordbreaking month.
November’s record 12.6% leap added approximately $6.7 trillion – or $155 million a minute – to the value of world equities.Tesla Inc shares jumped 4% in extended trade on Monday after S&P Dow Jones Indices said it would add one of Wall Street's most valuable companies to the S&P 500 index all at once on Dec. 21.Oil prices slipped on Tuesday amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand.Fishing is the most difficult remaining issue in trade talks between Britain and the European Union and has the potential to scupper the talks, Ireland's Foreign Minister Simon Coveney warned on Monday.Britain and the European Union cautioned each other on Monday that time was running out for a Brexit trade deal as negotiators sparred over state aid, enforcement and fishing in a bid to avoid a tumultuous exit in just a month's time.Dutch bank ABN Amro said on Monday it would cut almost 3,000 jobs by 2024 as it retreats to the Netherlands and limits its international exposure to northwest Europe.
Gadkari said the MSME ministry is working on setting up a number of centers of excellence in collaboration with educational and research institutions like IITs and NIITs.British lenders approved the highest number of mortgages in over 13 years in October, Bank of England data showed on Monday, suggesting no letup yet in a postcoronavirus lockdown bounceback in the country's housing market.
The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter (April-June) of the 2020-21 fiscal as the coronavirus lockdown pummelled economic activity.
The traders' association alleged that banks and e-commerce companies had colluded to provide cashbacks and incentives to a section of people, constituting discrimination and violating policies such as the 'Fair Practice Code for Banks'.
The Direct Tax is paid by every earning entity, including individuals, firms, businesses, companies, Hindu Undivided Family (HUFs), Body of Individuals (BOI) and Association of Persons (AOP).Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian buyers in January, tracking stronger benchmark prices as some refiners increase output to meet higher winter demand, a Reuters survey showed.Data giant S&P Global Inc is nearing a deal to buy IHS Markit Ltd, according to a person familiar with the matter, creating a heavyweight in the increasingly competitive market for financial information.Britain and the European Union are running out of time to clinch a Brexit trade deal but if good progress is made this week then the talks could be extended, Environment Secretary George Eustice said on Monday.Tesla Inc has obtained permission to start selling its Shanghaimade Model Y sports utility vehicle in China.Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production.Want a cheap used car to nip around town without running the gauntlet of coronavirus on public transport? Welcome to Pandemic Motors, we have just what you need.A look at some of the key business events and economic indicators upcoming this week:Gold fell on Monday en route to its worst month in four years, as optimism over a coronavirus vaccineled economic revival prompted investors to buy into traditional risk assets.
The plan proposes rebuilding ties with common fronts on issues from digital regulation to tackling the COVID-19 pandemic, the FT said.Chinas manufacturing activity accelerated in November as its rebound from the pandemic gained strength, a survey showed Monday, while the United States and Europe struggled with rising infections and renewed controls on business.Gold slipped on Monday and was on track for its worst month in four years, as optimism over a coronavirus vaccineled economic rebound that propelled equities to record highs dulled the metal's safehaven appeal.Japan's industrial output rose for the fifth straight month in October and retail sales in the same month grew the most in over a year, signalling the economy was recovering further from the damage caused by the COVID19 crisis.S&P Global Inc is in advanced talks to buy Londonbased IHS Markit Ltd for about $44 billion in a deal that would combine two major data providers, the Wall Street Journal reported https://ift.tt/39qeV1O on Sunday, citing people familiar with the matter.
The rush to risk has also benefited oil and industrial commodities while undermining the safe-haven dollar and gold.Australia plans to take China to the World Trade Organization over the Asian giant's decision to slap export tariffs on Australian barley, Trade Minister Simon Birmingham said on Sunday.Trade union Verdi on Sunday called on workers at a German Amazon warehouse to strike for the second time in a week to disrupt the processing of orders following the 'Black Friday' discount shopping sales on Nov. 27.A vote setting up Swiss companies for higher scrutiny over human rights and environmental abuses looked set to fail on Sunday, according to early counts, despite backing from nearly half the population in a historically divisive vote.As U.S. stocks scale fresh record highs, investors are trying to gauge whether next year's projected profit rebound will be strong enough to add fuel to the rally.Fresh off a big acquisition and riding a wave of customer growth, Teladoc Health is ready to do more for patients.
The Indian Regional Navigation Satellite System, known as Navic, is the country's navigation satellite built to provide accurate position information service to users in India as well as the region extending up to 1,500 kilometre from its boundary.
The Hyderabad-based drug major is investing around Rs 275 crore on the facility which would be utilised to produce vaccines for the treatment of various viral diseases including COVID-19.
A 40-year-old man who took part in the 'Covidshield' vaccine trial in Chennai has alleged serious side effects, including a virtual neurological breakdown and impairment of cognitive functions and has sought Rs 5 crore compensation in a legal notice to Serum Institute and others, besides seeking a halt to the trial.
On the long-pending free-trade agreement between India and the European Union, the envoy said there is still some work to be done in calibrating expectations and scope on both sides, noting that it will be mutually beneficial for both sides.
In the letter to the Prime Minister, the Confederation of All India Traders (CAIT) claimed that "big e-commerce companies having deep pockets are leaving no stone unturned in monopolising the e-commerce business and retail trade of India with their malpractices and violating FDI policy of the government and relevant laws and rules".
AirAsia India spokesperson said the airline had signed an agreement for inducting five A320 neo planes last year. The Bengaluru-based airline took delivery of the first A320 neo in October and another one earlier this month.
