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Source: Live Mint CHICAGO, Jan 23 (Reuters) – Chicago Mercantile Exchange live and feeder cattle futures shot to new life-of-contract highs on Thursday, as a spate of freezing weather restricted an already-tight cattle supply and consumer demand remained steady, analysts said. Cattle take longer to hit market-ready weights in cold temperatures, as their bodies expend…
Source: Live Mint Karamtara Engineering Ltd has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The company is a backward integrated manufacturer of transmission line and renewable energy products. According to the F&S Report, in terms of installed…
Source: Live Mint Gold Prices Today: The yellow metal rose ₹170 to hit a fresh record high of ₹82,900 per 10 grams in the national capital on Thursday, January 23, amid a positive trend in global markets. According to the All India Sarafa Association, the precious metal had closed at ₹82,730 per 10 grams on…
Source: Live Mint (Bloomberg) — Chile, home to the world’s biggest lithium reserves, is confident that investors will compete for licenses to drill new deposits even amid a worsening global glut that’s squeezing the battery-metal industry. “We’re convinced that there’s interest,” Mining Minister Aurora Williams said in an interview late Wednesday — a day before…
Source: Live Mint (Bloomberg) — European stocks closed at a record high, as corporate earnings kicked into high gear. The Stoxx Europe 600 Index gained 0.4% to close at 530.34, notching an all-time closing high. EQT AB rallied the most since 2023 after the Swedish private equity group reported increased exit activity and said private…
Source: Live Mint Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete with bigger rivals Adidas and Nike. The poor results late on Wednesday came after Adidas reported…
Source: Live Mint Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported more than tripling of its December quarter net profit as marketing margins soared. Consolidated net profit stood at ₹2,543.65 crore in October-December 2024 – the third quarter of April 2024 to March 2025 fiscal year (FY25) – compared with ₹712.84 crore earning in the…
Source: Live Mint US stock indices moved in opposite directions on Thursday, as investors focused on corporate earnings and awaited President Donald Trump’s address to World Economic Forum (WEF) in Davos. At 09:49 a.m. ET the Dow Jones Industrial Average rose 77.68 points, or 0.18 per cent, to 44,234.41, the S&P 500 lost 3.29 points, or 0.05…
Source: Live Mint Expert view: Mohit Khanna, CFP, Fund Manager at Purnartha PMS, believes the Union Budget 2025 will focus on youth, women, the poor, and farmers. He expects higher spending on rural housing, irrigation, ELI (employment-linked incentives), Jan Dhan, etc. In an interview with Mint, Khanna also shared his views on the Indian stock…
Source: Live Mint (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) FTSE 100 down 0.1%, FTSE 250 down 0.2% Jan 23 (Reuters) – The UK’s FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity…
