Mon, Sep 21, 2020 4:36 PM
HDFC Bank clarifies on US lawsuit, says it'll 'defend vigorously' in 2021
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IT major Wipro has kept the revenue guidance to (-) 1.5 percent to 0.5 percent for the first quarter ending June 30, 2024 (Q1FY25). In January, the Bengaluru-based firm adjusted its revenue growth guidance for the fourth quarter at both the lower and upper end to -1.5 percent to 0.5 percent. This was after the company slashed the guidance to -3.5 percent to -1.5 percent in October.
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Gold prices held firm on Friday, on track for a fifth consecutive weekly rise, as fears of further tit-for-tat retaliation between Iran and Israel triggered safe-haven demand. Spot gold was little changed at $2,378.30 per ounce as of 9:10 a.m. ET (1310 GMT), after rising as high as $2,417.59 earlier in the session. Prices were up more than 1% this week. U.S. gold futures eased 0.2% at $2,393.50.
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The International Monetary Fund expects OPEC and its partners to start increasing oil output gradually from July, a transition that’s set to catapult Saudi Arabia back into the ranks of the world’s fastest-growing economies next year. Under the latest outlook unveiled this week, the IMF improved next year’s growth estimate for the world’s biggest crude exporter from 5.5% to 6%.
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