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The European Central Bank raised its interest rates by a massive 75 basis points, the biggest hike ever in the single currency blocs history. The Governing Council, led by Lagarde, raised the main refinancing rate to 1.25 percent, the deposit facility rate to 0.75 percent and the marginal lending rate to 1.50 percent.Based on our current assessment, over the next several meetings we expect to […]

With immediate effect

The current market cap of the company is Rs6,25,978.15 crore.

US first-time claims for unemployment benefits unexpectedly showed a modest decrease in the week ended September 3rd, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims edged down to 222,000, a decrease of 6,000 from the previous weeks revised level of 228,000. With the unexpected dip, jobless claims fell to their lowest level since hitting 202,000 in […]

With immediate effect

Weakness in dollar overseas is expected to support the Indian rupee in early trades on Friday, September 9, 2022. Improving sentiments in equities is also aiding gains in the local unit. The dollar index that tracks the greenback against a basket of currencies was down 0.71% at 108.94. On Thursday, rupee appreciated 23 paise to close at 79.72 against the US dollar. At the interbank […]

Used in treatment of iron deficiency in adult patients

Stocks like NTPC, ONGC, Grasim, Infosys, Tata Motors, Maruti Suzuki, heavyweights TCS and RIL advanced 0.5-1%.

Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 230.66 points or 1.21% at 19270.45 at 09:47 IST.

China consumer prices climbed 2.5 percent on year in August, the National Bureau of Statistics said on Friday, down from 2.7 percent in July. On a monthly basis, inflation fell 0.1 percent, slowing from a 0.5 percent gain in the previous month. The bureau also said that producer prices were up 2.3 percent on year, down sharply from the 4.2 percent gain a month earlier. […]