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Canadian dollar falls 0.2% against the greenback Extends pullback from a seven-month high Price of U.S. oil settles 1.6% higher Canada-U.S. 10-year spread widens 5.1 basis points TORONTO, May 28 (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Wednesday as recent U.S. economic data bolstered the appeal of the American currency…
Wall Street’s main indexes fell on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if iPhones were not made in the United States. “The European Union, which was formed for the primary purpose of taking advantage of…
IndusInd Bank on Wednesday reported a net loss of ₹2,328.9 crore on a consolidated basis for the fourth quarter ended March 31, 2025, mainly on account of higher provisioning and lower income. The private sector bank has been embroiled in accounting lapses, fraud in microfinance portfolio and balance sheet disclosures during the March quarter of…
Gland Pharma Q4 Results: Pharma company Gland Pharma on Tuesday, May 20, posted a weak set of numbers for the fourth quarter of the financial year 2024-25 (Q4 FY25), recording a single-digit fall in the consolidated revenue and profit after tax (PAT). Gland Pharma’s PAT came in at ₹187 crore for the quarter under review,…
Pakistan stock market’s benchmark index, Karachi Stock Exchange 100 (KSE 100), dipped 0.33% in intraday trade on Monday, May 19, as India intensified diplomatic pressure on its neighbouring country. The Indian government has decided to send all-party delegations to 33 global capitals to brief global leaders on India’s resolve to deal with terrorism firmly against…
US stocks declined on Thursday following mixed economic data and as UnitedHealth Group slumped on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation Producer Price Index (PPI) unexpectedly dropped last month. The PPI dropped 0.5% in April as the cost of services…
Rafale brand owner Dassault Aviation share price fell over 7 per cent in European stock market on Monday after India-Pakistan ceasefire. Dassault Aviation stock touched an intraday low to €292 on May 12 in Paris stock exchange. (This is a developing story) Disclaimer: This story is for educational purposes only. The views and recommendations above…
Bank of Baroda (BoB) announced its January to March quarter results on Tuesday, May 5, 2025. The institutional lender recorded a 3.3 per cent rise in its standalone net profits to ₹5,048 crore in the fourth quarter of the 2024-25 fiscal, compared to ₹4,886 crore in the same quarter a year ago. The public sector…
CDSL Dividend: Central Depository Services (India) Limited on Saturday, May 3, 2025, announced a final dividend issue along with its January to March quarter results, according to an exchange filing. The NSE-listed depository declared a final dividend of ₹12.50 per share of face value of ₹10 apiece. “The Board of Directors has recommended a final…
BPCL Q4 Results: Oil market company (OMC) Bharat Petroleum Corporation Limited (BPCL) posted an 8% decline in its consolidated net profit to ₹4,392 crore for the March 2025 quarter, compared with ₹4,789.57 crore in the same quarter last year. The PSU company posted its Q4 results post stock market trading hours on Tuesday, April 29….