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NII is estimated to grow 11%, Non-interest income could increase 23% relative to the year ago quarter.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 145 points at the opening bell. Build up to the upcoming budget session would be the key event that the market would be looking for in the near future. The Budget session of Parliament is set to commence on January 31 and will conclude on April […]

The Bank’s net profit could grow 174% over the year ago quarter.

Reliance Industries (RIL): RILs consolidated net profit (after exceptional items) rose 37.9% to Rs 20,539 crore on 52.2% rise in gross revenue to Rs 209823 crore in Q3 December 2021 over Q3 December 2020. The Q3FY22 net profit was boosted by an exceptional item (gain) of Rs 2,872 crore on account of divestment of shale gas assets, partially offset by provisions for liabilities pertaining to […]

Revenue growth remained solid at 29.8% as compared to the same quarter of last year.

Australia manufacturing sector continued to expand in January with a manufacturing PMI score of 55.3, the latest survey from Markit Economics revealed on Monday. Thats down from 57.7 in December, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. New order growth eased at the start of the year while manufacturing output slipped into contraction for the first time in […]

Reported sales nil

The Indian rupee is expected to begin the week on a sceptical note on Monday, 24 January 2022 with all focus towards the crucial Fed meeting due for the week. However, rebounding crude oil prices and dollar struggling to recover tracking firmer yields amid mixed concerns over the covid variant Omicron and geopolitical fears surrounding Russias invasion of Ukraine is also likely to reroute rupee […]

PCBL said that its board will meet on Wednesday, 9 February 2022, to consider a proposal for sub-division of the equity shares of the company having a face value of Rs 2 each and alteration of authorised capital.

IOC’s GRM is seen at US$6.9 per barrel for the quarter.