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The eurozone manufacturing sector fell deeper into contraction at the start of the third quarter, with July PMI data signaling the sharpest decline in production since the initial wave of strict COVID-19 lockdowns in May 2020. The downturn strengthened amid a reduction in new orders which, aside from those seen during the pandemic restrictions, was the sharpest since the eurozone sovereign debt crisis in 2012 […]

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Under the marginal cost of funds-based lending rate (MCLR) regime, rates have gone up for all tenors, making EMIs more expensive for borrowers whose loans were benchmarked against MCLR.

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Tata Motors achieved total sales of 81,790 units in month of July 2022, higher by 51% over corresponding month of last year. The company reported 52% growth in domestic sales at 78,978 units in July 2022 compared to 51,981 units in July 2021. Domestic sales include commercial vehicle sales of 31,473 units and passenger vehicle sales of 47,505 units, higher by 44% and 57% respectively. […]

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The large base metals speculators continued to raise their net long positions in the Copper futures markets last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of – 26562 net contracts in the data reported through week ended July 26, 2022. This was a weekly […]

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Multi Commodity Exchange of India Ltd, Supreme Petrochem Ltd, L G Balakrishnan & Bros Ltd and DCB Bank Ltd are among the other losers in the BSEs A group today, 01 August 2022.

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