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The first estimate for euro area exports of goods to the rest of the world in August 2022 was ?231.1 billion, an increase of 24.0% compared with August 2021 (?186.4 bn). Imports from the rest of the world stood at ?282.1 bn, a rise of 53.6% compared with August 2021 (?183.6 bn). As a result, the euro area recorded a ?50.9 bn deficit in trade […]

The headline equity indices ended with robust gains on Friday. The Nifty closed above the 17,200 mark. Strong global cues boosted the investor sentiments. Banks, financial and IT stocks advanced while oil & gas, realty and media stocks declined. As per provisional closing data, the barometer index, the S&P BSE Sensex, rose 654.64 points or 1.20% to 57,919.97. The Nifty 50 index added 189.75 points […]

The state-run coal major announced that it has signed a memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL), the power generator of Rajasthan state, for setting up 1,190 megawatt (MW) solar power project.

The order received is for the additional construction work of New Medical College & Hospital.

IMF Managing Director Kristalina Georgieva has stated that India deserves to be called a bright spot on this otherwise dark horizon because it has been a fast-growing economy and this growth is underpinned by structural reforms, among them the remarkable success in digitalization in India from digital ID to providing all services and support on the basis of digital access. This has been indeed a […]

Later hours saw some profit booking too

On 27 October 2022

Nifty Financial Services index ended up 1.82% at 17705.5 today. The index has slipped 6.00% over last one month. Among the constituents, HDFC Bank Ltd rose 3.26%, Housing Development Finance Corporation Ltd jumped 2.64% and ICICI Prudential Life Insurance Company Ltd gained 2.50%. The Nifty Financial Services index has fallen 7.00% over last one year compared to the 6.29% slide in benchmark Nifty 50 index. […]

Federal Bank also reported its highest-ever net interest income in Q2FY23 of Rs1,762 crore, an increase of 19% YoY

Max Financial Services Ltd, Jaiprakash Associates Ltd, Triveni Engineering and Industries Ltd and Cochin Shipyard Ltd are among the other losers in the BSEs A group today, 14 October 2022.