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Weather Update: IMD predicts rainfall in parts of south, northeast India – check complete forecast

The India Meteorological Department (IMD) in its latest weather forecast informed that apart from the extreme south peninsular and Northeast India, the rest of the regions in the country can expect relatively uneventful weather conditions for the next five days. “No significant weather over the country during the next 5 days except over extreme south …

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AP to declare pre-independence government schools as ‘Heritage Schools’ with special infrastructure focus

All government schools in the state that were established before Independence have to be declared as ‘Heritage Schools,’ Pema Khandu, chief minister, Arunachal Pradesh, announced on Wednesday. These schools will receive special attention for infrastructure development, including the addition of a museum within their premises. The decision was prompted by a request from the organisers …

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Dr. Reddy’s launches direct-to-consumer e-commerce website ‘Celevida Wellness’ for diabetes

Dr. Reddy’s Laboratories Ltd. on Wednesday announced the launch of its first direct-to-consumer (D2C) e-commerce website ‘Celevida Wellness’ for diabetes patients by its wholly-owned subsidiary, Svaas Wellness Limited. ‘Celevida Wellness’ aims to become a one-stop solution for personalised diabetic care for Type 2 diabetic and pre-diabetic individuals, the company said in a statement. Since its …

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Global fund managers no longer ‘apocalyptically bearish’, increase stock allocation, trim cash

Global fund managers have scaled back their pessimism on stock markets and now foresee slightly better days ahead for the asset class, Bank Of America’s (BofA) Global Fund Managers survey showed. “Sentiment remains bearish, but no longer apocalyptically bearish as hopes rise that inflation and rates shock end in coming quarters,” the monthly survey showed. …

阿拉爱上海

Zomato share price rallies 13%, tops Rs 50 as Q1 net loss halves; should you buy, sell or hold?

Zomato share price soared more than 13 per cent to Rs 52.60 apiece on BSE on Tuesday, after the company’s net loss halved in Apr-Jun quarter of the fiscal. The food tech player posted a consolidated loss at Rs 186 crore for the quarter ended 30 June 2022, as compared to a loss of Rs …

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Share Market Highlights: Sensex tanks in dying hour to end at 58774, Nifty closes at 17522; Infosys, TCS among drags

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic stock markets dived in the closing hour of trade as bears took control of Dalal Street. S&P BSE Sensex tanked 310 points or 0.53% to settle at 58,774 while the NSE Nifty 50 index was down 82 points or 0.47% at 17,522. Bank Nifty …

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Rupee likely to depreciate amid strong dollar, elevated crude prices; USDINR pair to trade in this range

The Indian Rupee is likely to remain under pressure amid risk aversion in equity markets, rising crude prices and strength in US dollar. The USDINR spot price is expected to trade in a range of Rs 79.20 to Rs 80.50 in next couple of sessions, according to analysts. Today, focus will be on the preliminary …

夜上海论坛

Gold prices to trade sideways to up this week; may remain firm in short-term on market uncertainty

By Tapan Patel Commodity prices traded mixed with most of the commodities in the non-agro segment witnessed selling except gold for the week. Bullion prices decline on Friday following strong US data.  Crude oil prices plunged by nearly 10% on recession fears and rise in US production. Base metals capped upside on weak US and …

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