COMEX Copper futures fell to a nearly three week low of $3.40 per pound yesterday, witnessing heavy selling pressure as the Federal Reserve rolled out another steep increase in the key US interest rate and said more hikes are coming to rein in soaring prices. DOW tanked following this and Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in […]
FMCG stocks were trading in the positive zone, with the S&P BSE FMCG Sector index rising 136.65 points or 0.84% at 16387.37 at 09:46 IST.
The Union Cabinet on Wednesday (21 September 2022) approved the Ministry of New & Renewable Energys proposal for implementation of the Production Linked Incentive Scheme (Tranche II) on National programme on High Efficiency Solar PV Modules, with an outlay of Rs 19,500 crore. The national programme on High Efficiency Solar PV Modules aims to build an ecosystem for manufacturing of high efficiency solar PV modules […]
Industrials stocks were trading with gains, with the S&P BSE Industrials index increasing 44.85 points or 0.68% at 6657.3 at 09:46 IST.
The Cabinet approved modifications in the Programme for Development of Semiconductors and Display Manufacturing Ecosystem. There will be 50% incentives for semiconductor fabs across technology nodes as well as for compound semiconductors, packaging and other semiconductor facilities. Under modified programme, a uniform fiscal support of 50% of Project Cost shall be provided across all technology nodes for setting up of Semiconductor Fabs. Given the niche […]
Spandana Sphoorty Financial on Wednesday announced that its board has approved the issuance of upto 500 non-convertible debentures (NCDs) aggregating up to Rs 25 crore on a private placement basis with a green shoe option up to Rs 25 crore.
Capital Goods stocks were trading in green, with the S&P BSE Capital Goods index rising 206.88 points or 0.64% at 32500.45 at 09:46 IST.
Record date for distribution is 27 September 2022
The 5.40 MW order comprises of 5.40 MW Wind Turbine and 4 MWdc Solar capacity.
Record date for IDCW is 27 September 2022
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