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The FAO Food Price Index (FFPI) averaged 138.0 points in August 2022, down 2.7 points (1.9 percent) from July, registering its fifth consecutive monthly decline. Despite the latest drop, the index remained 10.1 points (7.9 percent) above its value a year ago. All the five sub-indices of the FFPI fell moderately in August, with monthly percentage declines ranging from 1.4 percent for cereals to 3.3 […]

Out of the planned borrowing of 14.31 trillion Indian rupees ($179.20 billion) for the 2022—23 year beginning on April 1, the govt would borrow Rs8.45 trillion ($105.82 billion) by the end of September

Chinese services companies signaled a further marked increase in business activity in August as the sector continued to recover from the recent wave of COVID-19. The upturn was supported by a solid rise in overall sales, as companies reported higher customer numbers as market conditions continued to normalize. International demand remained subdued, however, with foreign sales falling again in August. Prices data showed that input […]

At meeting held on 05 September 2022

Record date is 22 September 2022

APL Apollo Tubes Ltd is quoting at Rs 1064.25, up 2.78% on the day as on 12:49 IST on the NSE. The stock is up 24.98% in last one year as compared to a 1.72% jump in NIFTY and a 4.09% jump in the Nifty Media index.

A media report stating that Federal Bank is seeking a merger with Kotak Mahindra Bank was circulated recently.

This new agreement will allow the firm to provide a cost-effective, consistent, high-quality, out-of-the-box experience to customers.

The headline equity indices traded with modest gains in the afternoon trade. The Nifty traded near 17,650 mark. Barring the Nifty FMCG index, all the other sectoral indices on the NSE were in the green. At 13:26 IST, the barometer index, the S&P BSE Sensex, was up 383.28 points or 0.65% to 59,186.61. The Nifty 50 index added 110.40 points or 0.63% to 17,649.85. In […]

Federal Bank rose 3.35% to Rs 123.45 after the media reported that the bank is in preliminary talks with Kotak Mahindra Bank for a potential merger deal.