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Indias active Covid-19 caseload currently stands at 1,35,364. In the last 24 hours, 20,551 new cases and 21,595 recoveries have been recorded. The daily positivity rate is 5.14%. The recovery rate currently is at 98.50%. Under Nationwide Vaccination Drive, 205.59 cr vaccine doses (93.46 cr Second Dose and 10.09 cr Precaution Dose) have been administered so far.Powered by Capital Market – Live News

Cipla announced that Cipla EU, wholly owned subsidiary of the company in UK, has agreed to acquire an additional 19.16% stake in Cipla Maroc SA, joint venture and subsidiary of Cipla EU in Morocco. Upon completion of the transaction, Cipla EU will hold 79.16% stake in the joint venture company and balance 20.84% stake will be held by Cooper Pharma. Powered by Capital Market – […]

RBI governor Shaktikanta Das today announced that the Monetary Policy Committee has decided to raise the repo rate by 50 basis points to 5.4% with immediate effect.

The two companies entered into the alliance kicking off a series of potential country-level investments to build, improve, and promote an end-to-end maritime and logistics ecosystem that will position Tanzania as an African hub.

This is the third hike in a row by the MPC, taking total hike to 140 basis points or 1.40% since May 2022. The rate hikes are in response to surging inflationary pressures.

The benchmark indices continued to trade with modest gains in the morning trade. The Nifty traded above the 17,440 mark. Bank stocks witnessed bargain buying after declining in the past two sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 267.88 points or 0.46% to 58,566.68. The Nifty 50 index gained 70.25 points or 0.40% to 17,452.25. In the broader market, […]

On the basis of an assessment of the current and evolving macroeconomic situation, RBIs Monetary Policy Committee (MPC) at its meeting today (August 5, 2022) decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 5.15 per cent and the marginal […]

On 11 August 2022

Britannia Industries consolidated net profit declined 13.4% to Rs 337.44 crore despite of a 9% increase in net sales to Rs 3,653.80 crore in Q1 FY23 over Q1 FY22.

The Bank will leverage M2P’s cutting-edge technology backed by analytics to deliver hyper-personalized offering.