LIC Mutual Fund launches Short Term Debt Fund

 LIC Mutual Fund announced today the launch of LIC MF Short Term Debt Fund- an open-ended short-term debt fund scheme investing in instruments Macaulay duration between 1 year and... Read more »

Finway launches ‘Credit Inclusion Secured Loan’ to improve the CIBIL scores of defaulters

In line with the Prime Minister’s vision of credit inclusion, Finway has launched its one-of-a-kind product ‘Credit Inclusion Secured Loan’ to offer a second chance to defaulters to improve... Read more »

Prices of semis & finished long steel products fall by INR 100-300/MT

Steel Sector News (Domestic and Global) I. Indian steel prices continued to fall limited inquiries following poor off take in finished steel products on 8th Jan. The through the mid-size... Read more »

Diamond Foundry to hike its production more than tenfold

Diamond News: i. Diamond Foundry has decided to hike its production more than tenfold and raising wholesale prices 15%, as it predicts rise in demand for lab-grown diamonds. It has... Read more »

“Don’t want ANMI, BBF to support 5 accused brokers in NSEL”: Open letter

A few members of Association of National exchanges Members of India (ANMI) and BSE Brokers’ Forum (BBF) have voiced their concerns against the associations supporting the top five brokers... Read more »

Dollar/rupee ended over one-week high Tuesday

Manoj Kumar Jain Director & Head of Commodity Research, IndiaNivesh NiveshDaily Currency Dollar/rupee ended over one-week high Tuesday on buying by nationalized banks likely on behalf of oil importers... Read more »

Market summary for ICEX Steel, Diamond and Rubber future contracts ended on January 8 at 11.55 pm

ICEX Steel future: Physical market at Mandi Gobindgarh  opened at Rs. 33,300  traded in the range of Rs. 33,400 – 33,300/ton and settled at Rs. 33,300/ton. Ghaziabad market traded ... Read more »

Israel’s polished-diamond exports stabilizes in 2018

Diamond News: i. Israel’s polished-diamond exports witnessed stabilizing in 2018 after three years of contractions. According to data published by Ministry of Economy and Industry, shipments slipped 2.5% to... Read more »

Gold trades cautiously ahead of US-China trade talk outcome

Manoj Kumar Jain Director and Head of Commodity Research, IndiaNivesh Securities Limited Both the precious metals were traded range bound in international markets on Monday. Gold settled at $1289.90... Read more »

NiveshDaily Currency : Dollar/rupee ended near one-week low Monday

Seema Yadav  Research Analyst, IndiaNivesh Securities Limited Dollar/rupee ended near one-week low Monday on selling by foreign banks tracking a weak greenback after dovish comments from Federal Reserve Chair Jerome... Read more »