Hedge funds sell stocks at the fastest pace in five months, says Goldman
May 13 (Punjab Khabarnama) : Hedge funds sold single stocks at the fastest pace in five months in the week to May 10, Goldman Sachs said in a client letter,…
Rupee ends marginally lower tracking weak Asian currencies; US CPI awaited
May 13 (Punjab Khabarnama) : The Indian rupee closed marginally lower after a range-bound trading session on Monday, tracking a decline in most regional peers ahead of data that could…
Japan’s Takeda Pharma to restructure after annual profit slump
May 9 (Punjab Khabarnama) : Japan’s Takeda Pharmaceutical announced a restructuring on Thursday after annual profit slid by more than half following the loss of patent protection of major sellers.…
Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend
May 8 (Punjab Khabarnama) : Canara Bank Q4 results: Canara Bank reported 18.4 per cent rise in its net profit to ₹3,757.23 crore in the fourth quarter of FY2023-24. The bank…
Akshaya Tritiya 2024: What are the auspicious timings to buy gold. Details as per your city here
May 6 (Punjab Khabarnama) : The festival of Akshaya Tritiya, also known as Akha Teej, will be celebrated on May 10, 2024. The auspicious day is celebrated during Shukla Paksha…
Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap
May 6 (Punjab Khabarnama) : The yen extended losses, unwinding its sharp rebound on Friday, as traders shifted their focus back to Japan’s interest-rate outlook. The currency was down 0.5%…
It may be the buzz word but does AI funding need a sober approach?
April 19 (Punjab Khabarnama) : Earlier this month, Amazon hit the headlines for rolling back ‘Just Check Out’. This technology was introduced in 2016 at Amazon Fresh, its physical stores,…
Nestle shares continue to decline; mcap erodes by ₹10,610.55 cr in two days
April 19 (Punjab Khabarnama) : New Delhi, Shares of Nestle India continued to decline on Friday, ending the day over 1 per cent lower, amid reports that the global FMCG…