Rising gold costs have led to a rise in curiosity amongst prospects for the yellow steel, mentioned Ajoy Chawla, CEO- Jewelry Division of Titan Firm Restricted that sells gold and jewelry below the model Tanishq “Within the first quarter, i.e. from April-June 2024, the gold costs have jumped 20 p.c in comparison with the identical interval final … Read more
Vedanta: The corporate is exploring all doable authorized options, together with the opportunity of submitting a overview petition towards the highest courtroom’s resolution that rejected the mining big’s plea to restart operations at its copper smelter in Thoothukudi, Tamil Nadu. * Infosys:* The IT main has introduced the renewal of its digital innovation partnership with … Read more
Shares in Asia fell after tech heavyweights dragged down US indexes forward of Federal Reserve Chair Jerome Powell’s testimony to Congress. Fairness benchmarks edged decrease in Japan, South Korea and Australia, per a Bloomberg report. Traders are carefully watching the event of China’s congress after official bulletins of an formidable 5% progress goal. US benchmark … Read more
Australian shares slipped whereas Japanese equities opened little modified after the Nikkei 225 breached 40,000 index factors on Monday as optimism in Japan helps the inventory market. The Wall Avenue fairness rally took a breather forward of the discharge of key US knowledge. In Asia, focus might be on the annual parliamentary conferences in Beijing. … Read more
Gold has delivered a various efficiency in 2022. By way of greenback, the dear metallic was largely flat whereas in rupee phrases it gained almost 14 per cent, producing a double-digit acquire in three of the final 4 years. The outperformance within the home market was as a result of depreciation within the rupee towards … Read more
Main jewelry firms reminiscent of Titan Firm (₹3,612.4), Kalyan Jewellers India (₹347.9) and Thangamayil Jewelry (₹1,420.35) reported their Q3-FY24 earnings final week. Broadly, the businesses reported progress in income boosted by festive demand within the quarter and a rally in gold value. The value of the yellow metallic noticed a rally within the December quarter, … Read more