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Economic Buzz: US weekly jobless claims unexpectedly dip to three-month low

Mumbai, July 18 -- A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Lab... Read More


Economic Buzz: US weekly jobless claims dip to three-month low

Mumbai, July 18 -- A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Lab... Read More


Economic Buzz: US homebuilder confidence modestly improves in July

Mumbai, July 18 -- A report released by the National Association of Home Builders on Thursday showed a modest improvement in homebuilder confidence in the U.S. in the month of July. The report said t... Read More


Economic Buzz: US import prices inch up 0.1% in June

Mumbai, July 18 -- Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday. The Labor Department said import pri... Read More


EMS bags Rs 19-cr order from Deltabulk Shipping India

Mumbai, July 18 -- The order includes electrical works for the development, operation and maintenance of the Multimodal Logistics Park (MMLP) at Nagpur at Sindi, in Wardha District in the state of Mah... Read More


Economic Buzz: US retail sales rebound in June

Mumbai, July 18 -- Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department s... Read More


Mild dollar pullback likely to support INR

Mumbai, July 18 -- Mild pullback in dollar overseas could likely support the Indian rupee in opening trades on Friday. Yesterday, rupee declined 15 paise to settle at 86.07 against the US dollar amid ... Read More


Economic Buzz: US business inventories remain unchanged in May

Mumbai, July 18 -- Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Dep... Read More


Base Metals Preview: COMEX copper seen consolidating around $5.5 per pound mark

Mumbai, July 18 -- COMEX copper is seen consolidating around $5.5 per pound mark with upside capped by renewed strength in dollar and soaring LME Copper inventories. LME Copper inventories saw a sharp... Read More


Energy Preview: WTI crude oil futures set for a weekly loss of over 3%

Mumbai, July 18 -- WTI crude oil is staying flat in early Asian trades on Friday and is all set for a weekly loss of over 3%. The counter lost momentum near $66.22 per barrel following a sharp spike i... Read More