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The IMF stated in a latest update that global food commodity prices surged after Russia’s invasion of Ukraine but corrected to prewar levels in June and July, halting a two-year rally (see following sections). Improved supply conditions and a gradual end to Russia’s blockade of Ukrainian grain exports drove the decline, along with macroeconomic factors— including rising interest rates and global recession concerns. Looking ahead, […]

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Triveni Turbine Ltd, Garden Reach Shipbuilders & Engineers Ltd, IDFC Ltd and Dishman Carbogen Amcis Ltd are among the other gainers in the BSEs A group today, 12 October 2022.

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The IMF noted in a latest update that the world commodity prices rose 19.1 percent between February and August 2022. Energy?especially natural gas, up 129.2 percent?led the increase, as Russia cut gas supplies to Europe. Base metal prices declined by 19.3 percent, and precious metal prices fell by 6.0 percent, while those of agricultural commodities fell by 5.4 percent. Powered by Commodity Insights

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The IMF noted in a latest update that global Crude oil prices, up by 3.5 percent between February and August 2022, surged to $120 a barrel in early March following Russias invasion of Ukraine. Prices reflected fears of oil export disruptions at a time of tight supply-demand balances as well as a muted response by the Organization of the Petroleum Exporting Countries and other producers […]

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With effect from 15 October 2022

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Starlit Power Systems Ltd, Integra Essentia Ltd, Zenith Exports Ltd and Advance Syntex Ltd are among the other gainers in the BSEs B group today, 12 October 2022.

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Godrej Agrovet has made additional investment aggregating to Rs.20 crore in the Equity Share Capital of Godrej Maxximilk (GMPL), Wholly Owned Subsidiary Company, by way of subscription to Rights Issue and accordingly, has been allotted 5,88,236 Equity Shares of Face Value of Rs.10/- each of GMPL on 11 October 2022.Powered by Capital Market – Live News

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NMDC rose 1.11% to Rs 132.35 after the miner said that it has received Ministry of Corporate Affairs (MCA) order approving scheme of arrangement for merger of NMDC into NMDC Steel and their respective shareholders and creditors.

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HFCL has received the Purchase Orders (PO) aggregating to Rs. 39.19 crores, from Reliance Projects & Property Management Services Limited for providing Services to rollout Long Distance Fiber Network by one of the leading Private Telecom Operators of the Country in various Telecom Circles.Powered by Capital Market – Live News

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The Company has obtained the No Due Certificate (NOC) from the bank.

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