Global crude oil prices could surge to as high as USD 150 per barrel if the Strait of Hormuz remains closed for the next four to eight weeks, according to a report by Nuvama.Read More
European shares fell on Friday and were headed for a second weekly loss, as escalating conflict in the Middle East and inflation worries dented risk appetite.Read More
Australian shares ended slightly lower on Friday as losses in miners outweighed gains in financials, while the Middle East conflict stoked inflation concerns and lifted expectations of a central bank rate hike next week.Read More
Japan’s Nikkei closed lower on Friday and posted a second consecutive weekly decline of 3.2%, as escalating tensions in the Middle East fuelled inflation concerns and prompted investors to dump riskier assets.Read More
Muthoot FinCorp is raising up to Rs 600 crore by selling bonds to retail investors. The bonds offer yields between 8.70% and 9.10%. This fundraising will support business growth, lending activities, and debt repayment. The issue is open until March 23. The bonds carry high safety ratings from Crisil and Brickwork Ratings.Read More
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