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Banking stocks were trading in red, with the S&P BSE BANKEX index falling 62.63 points or 0.14% at 45538.73 at 13:47 IST.

The state-run lender on Tuesday announced an increase in marginal cost of funds based lending rate (MCLR) by 5-15 basis points, effective from Wednesday, 7 September 2022.

Soaring global Natural Gas prices and a generally tense outlook for the energy markets amid ongoing Russia-Ukraine war is likely to keep input costs elevated for global Fertilizer markets. Global Fertilizer giant Yara noted in mid-august that as a result of record high gas prices in Europe, the company is implementing further curtailments which will take its total European ammonia capacity utilization to around 35%. […]

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 56.74 points or 0.2% at 28355.64 at 13:47 IST.

Commission income, which stood at Rs440.9 crore at the end of FY22, increased at a 35% CAGR during the FY2017-22 period, compared to an industry growth rate of 16%.

The Department of Expenditure, Ministry of Finance has on Tuesday released the 6th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 7,183.42 crore to 14 States. The grant has been released as per the recommendations of the Fifteenth Finance Commission. The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs. 86,201 crore to 14 States for the […]

FMCG stocks were trading in the negative zone, with the S&P BSE FMCG Sector index falling 61.63 points or 0.39% at 15890.58 at 13:47 IST.

The key equity benchmarks traded in a narrow range with modest gains in the afternoon trade. The Nifty traded a tad above the 17,700 mark after hitting the days low of 17,587.65 in the mid morning trade. Oil & gas, PSU Bank and metal stocks were in demand while FMCG, auto and IT shares were under pressure. At 13:27 IST, the barometer index, the S&P […]

The collaboration is consistent with EaseMyTrip's aim to implement other such marketing activities as part of their local and worldwide development plan.

Blue Star has secured two new prestigious orders from Bangalore Metro Rail Corporation (BMRCL) for the upcoming Reach-6 of Bangalore Metro Rail Project Phase-II, also known as the Pink Line that spans a distance of about 21 km, and connects Kalena Agrahara (formerly Gottigere) to Nagawara. 18 metro stations are planned on this line. The first order, valued at Rs 203 crores, is a turnkey […]