The Economic Survey tabled by the Finance Ministry on Monday, 31 January 2022 pegs economic growth for 2022-23 at 8-8.5% and for 2021-22 GDP expansion at 9.2%. Economic activity has recovered to pre-pandemic level, economy well placed to take on challenges in 2022-23, the survey noted. Growth in FY23 to be supported by vaccine coverage, gains from supply-side reforms and easing of regulations. Growth projections […]
Large precious metals speculators raised their net long positions in the Silver futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 32141 net contracts in the data reported through week ended January 24, 2022. This was a surge of 2441 net contracts […]
Credit growth of NBFCs remained sluggish in 2021-22 so far, -Banks’ exposure to NBFCs increased
Exide Industries reported 26% fall in consolidated net profit to Rs 178.32 crore on a despite a 15% increase in revenue from operations to Rs 3,311.71 crore in Q3 FY22 over Q3 FY21.
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