Most Read News

For execution of Masalia Ranishwar Megalift irrigation scheme

On 16 May 2022

Japan services sector swung into expansion territory in April, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 50.7. Thats up from 49.4 in March and it moves above the boom-or-bust line of 50 that separates expansion from contraction. While the lifting of remaining restrictions aided the recovery in activity, stronger growth was held back by uncertainty linked to […]

Adani Enterprises said that Adani Airport Holdings (AAHL) has raised $250 million through a 3-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC, with an optionality to raise additional $200 million.

The government has selected several ideas by around 50 startups in the region for which a special workshop will be organized on May 11.

In its monetary policy statement after the May 2022 FOMC policy, the Fed not only announced a 50 bps rate hike, but also promised to boost rates by another 175-200 bps by the end of 2022. However, this has opened up two separate debates.

The benchmark indices came off its intraday low during mid-morning trade. Barring IT, pharma and healthcare, the sectoral indices on the NSE were in red. The Nifty index edged towards re-claiming 16,300 level. Shares of index heavyweight Reliance Industries (RIL) fell 2.82% in reaction to its Q4 results declared after market hours on Friday. Weakness in global stocks weighed on sentiment adversely. At 11:30 IST, […]

While exports to these markets from India will remain high in the first quarter of this fiscal, retreating prices will narrow the arbitrage for domestic mills. To sum up, exports out of India will remain range bound at 13-14 million tonne this fiscal on the back of revised quota to Europe and supply constraints in south-east Asia.

There has been no loss or injury to human life, said company.

Reported sales nil