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Business News – The Hindu


The lowest interest rate on Fino Payments Bank shares over the last few years. The government is expected to establish a system to allow businesses to sell in state bonds and create one ombudsman. Registration for Latent View Analytics IPO is closing today and the market is awaiting Q2 results for Ashok Leyland, Bharat Forge, Coal India, and many more.

9:30 AM

Market changes | Sensex benefits

India’s benchmark equity indices are well opened. At 9:16 IST, Sensex rose 0.52% or 309.35 to 60229.04 and Nifty rose 0.54% or 96.70 point at 17970.30.

Asian stocks soared as investors expected the worst inflation rate to come soon after data showed that US inflation had risen sharply since November 1990 last month.

The MSCI index of the Asia-Pacific regions outside Japan rose 0.7% and the Nikkei of Japan gained 1.1%.

Global commodity prices fell sharply in just over a month on Wednesday following a sharp rise in US inflation.

9:15 AM

Oil falls in an unaltered week

Oil prices plummeted as the dollar continues to rise in anticipation of US feed coming up with inflation plans to reduce inflation.

The economic future of US West Texas Intermediate (WTI) fell 0.3%, to $ 81.33 a barrel, and Brent crude futures fell 0.3%, up to $ 82.62 a barrel, lowering its previous day’s earnings.

The Organization of the Petroleum Exporting Countries (OPEC) on Thursday reduced global oil prices in the fourth quarter by 330,000 barrels per day from what was predicted last month, and OPEC + agreed last week to continue with its plans to increase 400,000 barrels per day to. market every month.

—- Edited by John Xavier

(With comments from Reuters, PTI and other media organizations.)

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