Bizz Buzz

Copper prices fell by Rs 11.40 to Rs 1,325.20 per kilogram in futures trade amid muted demand in the domestic spot market. The copper contract for August delivery slipped 0.85 per cent in 857 lots. Traders said subdued domestic demand from consuming industries weighed on the red metal prices in futures trade.

Aluminium prices dropped marginally by Rs 2.20 to Rs 339.70 per kg in futures trade as participants trimmed their positions amid a weak trend in spot markets. Aluminium for delivery in July fell by 0.64 per cent in 145 lots.

New Delhi: Zinc prices fell Rs 2.70 to Rs 377 per kg in futures trade as speculators reduced their exposure, tracking negative cues in the spot market. Zinc contracts for August delivery slipped 0.71 per cent in 387 lots. Analysts said the trimming of positions by participants, owing to slackened demand from consuming industries in the physical market, mainly weighed on zinc prices.

New Delhi: Shares of Suzlon Energy tumbled nearly 10 per cent after the firm reported nearly 6 per cent fall in profit for the June quarter. The stock tanked 9.63 per cent to end at Rs 48.03 on the BSE. During the day, it dropped 9.99 per cent to Rs 47.84. At the NSE, the stock ended at Rs 48.02, down 9.65 per cent. The company's market valuation eroded Rs 7,031.66 crore to Rs 66,011.30 crore.

Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has clarified that listed debt entities taking over outstanding unlisted non-convertible debentures (NCDs) as part of a corporate restructuring or business transfer cannot avoid mandatory listing requirements merely because no fresh debentures have been issued.

New Delhi: The Finance Ministry informed Parliament on Monday that the government has approved the Reserve Bank of India's (RBI) proposal to conduct field trials of polymer currency notes in the Rs 10 and Rs 20 denominations. The approval was confirmed by Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Lok Sabha. The government, however, clarified that the move does not signal the end of paper currency.

Washington: US President Donald Trump has credited his tariff policies with reviving General Motors and bringing automobile production back to the United States, saying the company was enjoying its strongest year. Trump made the remarks on Monday during a visit to the GM Milford Proving Ground in Michigan. He toured the facility with General Motors CEO Mary Barra and company President Mark Reuss. “They've come a long way.

Washington: The Trump administration is preparing to ramp up funding by hundreds of millions of dollars for programs designed to counter China's growing influence around the world, after it had put a halt to many of those initiatives last year during a flurry of budget and personnel cuts.

Hyderabad: ADP India will continue to expand its operations and strengthen its technology and product capabilities, with Hyderabad playing a key role in the company's growth strategy, Vijay Vemulapalli, Managing Director, ADP Pvt. Ltd, said.

Washington: A Democratic Senator has made a fresh bid to push a bill to provide a pathway to lawful permanent residency for millions of long-term US residents, including H-1B visa holders. California Senator Alex Padilla on Monday reiterated support for his 'Renewing Immigration Provisions of the Immigration Act of 1929' bill, first introduced last year.