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At meeting held on 30 September 2022

The key equity barometers continued to trade with modest gains in the morning trade. The Nifty traded a tad above the 16,950 mark after hitting the days low of 16,747.70 in the early trade. Bank, financial services and metal stocks were in demand while IT, FMCG and pharma shares declined. The Reserve Bank of India (RBI) increased the repo rate by 50 basis points to […]

Arvind SmartSpaces rose 2.39% to Rs 244.50 after the company said that its board approved the consolidation of the partnership interest in Ahmedabad East Infrastructure.

The corporation "bought millions of dollars' worth" of petrochemical chemicals, according to the Department's statement on Thursday, for "onward export to China."

Working gas storage in the contiguous United States was 2,977 billion cubic feet in the week ending September 23, a net increase of 103 billion cubic feet from the previous week, the US Energy Information Administration (EIA) said Thursday. The total working gas storage decreased by 5.7 percent from this time last year, and was down 9.3 percent from the five-year average, according to the […]

The board of Motherson Sumi Wiring India on Friday (30 September) recommended issuing 2 bonus equity shares against 5 existing equity shares.

The Reserve Bank of Indias MPC decided to increase the policy repo rate by 50 basis points to 5.90 per cent and also decided to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth. In the MPCs view, inflation is likely to be above the upper tolerance level of 6 per cent through the first […]

Recent bouts of hike in repo rate are propelled by the spiking inflation which is way beyond RBI’s comfort zone of 6%.

Company’s short-term rating on instruments worth Rs1,014.32 crore has been reaffirmed at ‘CARE A1+’.

The total value of retail sales in Japan was up a seasonally adjusted 1.4 percent on month in August, the Ministry of Economy, Trade and Industry reported. On a yearly basis, retail sales improved 4.1 percent – again beating expectations for a gain of 2.8 percent and up from 2.4 percent a month earlier.Powered by Commodity Insights