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2026-02-12 02:05:19| The Economic Times

Asian equities reached a record high, outperforming US markets due to attractive valuations and robust growth prospects. This surge occurred as Treasuries declined following stronger-than-expected US jobs data, tempering expectations for Federal Reserve interest rate cuts. The market now awaits US inflation figures for further direction.

Category: News and Media

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2026-02-12 01:56:02| The Economic Times

Canara Bank has lowered its one-month and overnight MCLR rates by five basis points, effective February 12. The new rates of 7.90% and 7.85% respectively will lead to reduced borrowing costs for customers. This move aligns with the RBI's aim for transparent interest rate transmission amidst growing credit demand.

Category: News and Media

2026-02-12 01:51:30| The Economic Times

Indian companies saw mixed results in the December quarter. Consumer sectors like automobiles, banking, cement, and pharma performed well due to festive demand and GST cuts. However, labor code changes impacted profitability. Future trends will depend on rural demand, US trade measures, and raw material prices. Companies are focusing on new launches and efficiency to drive growth.

Category: News and Media

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12.02 Positive Breakout: 12 stocks cross above their 200 DMAs 12.02 BP, USW negotiations continue after strike preparations 12.02 Illinois sues Trump administration over more than $100 million in planned cuts to health care grants 12.02 Global Market Today: Asian stocks rise, Treasuries fall after strong US jobs data 12.02 Canara Bank eases overnight, 1-month MCLR by 5 bps 12.02 Q3 earnings mixed as consumer sectors shine, labour codes weigh on margins 12.02 Bill would hold data centers responsible for energy costs and environmental protections 12.02 NTPC climbs 12% in three months on thermal additions, renewable growth bets News and Media »

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12.02 Positive Breakout: 12 stocks cross above their 200 DMAs 12.02 BP, USW negotiations continue after strike preparations 12.02 Illinois sues Trump administration over more than $100 million in planned cuts to health care grants 12.02 Global Market Today: Asian stocks rise, Treasuries fall after strong US jobs data 12.02 Canara Bank eases overnight, 1-month MCLR by 5 bps 12.02 Q3 earnings mixed as consumer sectors shine, labour codes weigh on margins 12.02 Bill would hold data centers responsible for energy costs and environmental protections 12.02 NTPC climbs 12% in three months on thermal additions, renewable growth bets More »