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Nifty Realty index closed down 4.25% at 418.2 today. The index has slipped 8.00% over last one month. Among the constituents, Oberoi Realty Ltd dropped 5.85%, Brigade Enterprises Ltd shed 5.23% and Godrej Properties Ltd slipped 5.10%. The Nifty Realty index has fallen 17.00% over last one year compared to the 4.69% slide in benchmark Nifty 50 index. In other indices, Nifty Metal index has […]

Hindustan Aeronautics (HAL) has set up a 208 crore integrated cryogenic engine manufacturing facility (ICMF) in Bengaluru and it will cater to the entire rocket engine manufacturing under one roof for Indian Space Research Organisation (ISRO).

Indias foreign exchange reserves fell for a seventh straight week, dropping to $545.652 billion in the week to September 16, Reserve Bank of Indias (RBI) weekly statistical supplement showed on Friday. The foreign exchange reserves stood at $550.871 billion at the end of the previous week, down $5.2 billion. In the week ending September 16, the foreign currency assets stood at $484.901 billion, gold reserves […]

Japanese share market finished session deeply in negative territory on Monday, 26 September 2022, as investors disheartened by global selloff linked to growing fears of possible global recession after central banks ramped up interest rates to combat inflation. At closing bell, the 225-issue Nikkei Stock Average index stumbled 722.28 points, or 2.66%, to 26431.55. The broader Topix index of all First Section issues on the […]

The world economy will take a bigger hit than previously forecast next year due to the effects of Russias war in Ukraine, the OECD said Monday. The organisation noted that the conflict aggravated inflationary pressure when the cost of living was already rising quickly. A number of indicators have taken a turn for the worse, and the global growth outlook has darkened,” the Organisation for […]

Nuvoco Vistas Corporation has been conferred with the globally acclaimed Golden Peacock Award for Excellence in Corporate Governance – 2022. Powered by Capital Market – Live News

Rating agency ICRA anticipates the company's debt coverage measures and liquidity to remain good in the absence of significant debt-funded capital plans in the foreseeable future.

The domestic equity benchmarks ended with deep cuts after a weak session on Monday. Frail Asian cues played spoilsport. The Nifty closed tad above the 17,000 level after hitting the days low at 16,978.30 in mid-morning trade. Barring the Nifty IT index, all the other sectoral indices on the NSE were in the red. As per provisional closing data, the barometer index, the S&P BSE […]

Cryogenic engines for ISRO will be manufactured at the facility

WAPCOS is a public sector engineering consultancy