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The Reserve Bank of Australia released the minutes from its July 5 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity. The central bank hiked its benchmark lending rate by 50 basis points, from 0.85 percent to 1.35 percent, citing the resilience of the economy and higher inflation. The bank also increased the interest rate on Exchange Settlement balances by 50 basis points […]

Sales rise 47.51% to Rs 2736.56 crore

Sales decline 27.34% to Rs 1.01 crore

The index of mineral production of mining and quarrying sector for the month of May, 2022 (Base: 2011-12=100) at 120.1, was 10.9% higher as compared to the level in the month of May, 2021. The cumulative growth for the period April- May, 2022-23 over the corresponding period of previous year has increased 9.4 percent. As per the provisional figures of Indian Bureau of Mines (IBM) […]

Sales rise 61.20% to Rs 272.28 crore

Sterlite Technologies (STL) rose 1.55% to Rs 144.20 after the company secured Rs 250 crore deal for building Indian telecom operators optical network.

Steel Strips Wheels (SSWL) fell 2.98% to Rs 818.45 after the companys net profit dropped 13.61% to Rs 44.13 crore in Q1 FY23 compared with 51.08 crore in Q1 FY22.

IPL Tech Electric Private Limited, a start-up formed in 2019, is lndia's first company to manufacture electric heavy commercial vehicles.

The US dollar index extended decline to its lowest level in nearly a week, under 107-mark as expectations of an oversized rate hike by Federal Reserve eased considerably. The dollar index, that measures the greenback against a basket of currencies eased from a multi-year high attained in the previous week and is currently quoting down 0.76% at 106.45. Meanwhile, the euro, which is the most […]

The domestic equity benchmarks traded near the flat line with tiny gains in the afternoon trade. The Nifty traded above the 16,250 mark. PSU bank, realty and consumer durables stocks were in the green while Media, IT and FMCG shares were under pressure At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 55.17 points or 0.10% to 54,576.32 . The Nifty 50 […]