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German retailers ended the first half of 2022 with the sharpest year-on-year sales fall in nearly three decades. Retail sales in June decreased 8.8% in real terms compared with the same month last year, the biggest drop since the time series began in 1994, said the Federal Statistical OfficePowered by Commodity Insights

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At meeting held on 02 August 2022

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Energy giant British Petroleum or BP2 reported a 4% year-on-year increase in overall output to 2.2 million b/d of oil equivalent, comprising a 7% increase in gas production to 1.15 million boe/d, while oil output remained flat at 1.05 million b/d. Its oil output increased in the North Sea and the US, including shale, while declining elsewhere. BP expects oil prices to remain elevated in […]

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Nifty PSU Bank index ended up 2.68% at 2906.95 today. The index has gained 19.00% over last one month. Among the constituents, Bank of Baroda rose 4.69%, Bank of Maharashtra added 4.08% and Canara Bank jumped 3.60%. The Nifty PSU Bank index has soared 18.00% over last one year compared to the 9.19% increase in benchmark Nifty 50 index. In other indices, Nifty Realty index […]

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Sterlite Technologies has launched a comprehensive suite of optical connectivity solutions to empower Indias 5G readiness. With initial rounds of spectrum auctions taking place, India is at a key point in its 5G connectivity and is expected to have ~200mn 5G subscribers by 2025. The industry requires state-of-the-art optical products that can make 5G deployment quick, easy and cost-effective. Powered by Capital Market – Live […]

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Record date is 16 August 2022

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The domestic equity barometers ended a tad above the flat line after a volatile session on Tuesday. Negative global cues triggered profit selling in domestic shares. PSU banks, FMCG and auto shares were in demand. On the other hand, realty, IT and financial services shares were under pressure. The barometer index, the S&P BSE Sensex, was up 20.86 points or 0.04% to 58,136.36. The Nifty […]

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At meeting held on 02 August 2022

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