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Nifty IT index ended down 1.55% at 38009 today. The index has gained 8.00% over last one month. Among the constituents, Tech Mahindra Ltd shed 2.62%, HCL Technologies Ltd dropped 1.97% and Larsen & Toubro Infotech Ltd slipped 1.72%. The Nifty IT index has soared 50.00% over last one year compared to the 25.45% increase in benchmark Nifty 50 index. In other indices, Nifty Realty […]

Germanys construction sector contracted at a slower pace in December, survey results from IHS Markit showed on Thursday. The construction Purchasing Managers Index rose to 48.2 in December from 47.9 in the previous month. A score below 50.0 indicates contraction in the sector. Among three broad categories monitored by the survey, civil engineering activity remained the weakest-performing segment. The decline in commercial activity also moderated, […]

Japan share market finished session steep lower on Thursday, 06 January 2022, as investors risk sentiment dampened on following decline in Wall Street overnight after the minutes of the Federal Reserve meeting turned out to be more hawkish than market participants had expected. Meanwhile, the recent increase in coronavirus infections in Japan also weighed on the market. At closing bell, the 225-issue Nikkei Stock Average […]

The Composite PMI Output Index slipped from 59.2 in November to 56.4, but remained above its long-run average of 53.9. Both manufacturing production and services activity rose at slower, albeit historically strong, rates.

This is 47% higher than the expenditure incurred during the corresponding period of FY 2020-21.

The grants are released to the States as per the recommendations of the Fifteenth Finance Commission to meet the gap in Revenue Accounts of the States post-devolution.

The ratings reflect the strong business risk profile marked by its market position in domestic plastic pipe industry.

GAIL had participated in an open bidding process of IL&FS and had emerged as the successful bidder.

On 12 February 2022

On 12 January 2022