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Kharif plantings continue to gain traction after a sluggish start due to monsoon deficit in June. The total acreage to cross the last years corresponding period figure for the first time this season even as sown area under paddy continues to be in deficit. Total acreage under kharif crops stands at 592 lakh hectares as on July 15, up marginally compared to 591 lakh hectares […]

Hindustan Aeronautics announced that the Ministry of Defence has entrusted additional charge for the post of Chairman & Managing Director of the Company to C B Ananthakrishnan, Director (Finance) of the Company, for three months from 1 August 2022 or till the post of Chairman & Managing Director of the Company is vacant, whichever is earlier. Powered by Capital Market – Live News

The key equity barometers traded near the days high in early afternoon trade. The Nifty continued to trade above the 16,200 mark. PSU banks witnessed some bit of bargain buying after declining in the past two sessions. At 12:25 IST, the barometer index, the S&P BSE Sensex, was up 544.1 points or 1.01% to 54,304.88. The Nifty 50 index added 164.90 points or 1.03% to […]

Crude oil is seen extending recovery on Monday, supported by pull back in US dollar even as rising covid cases in China and possibility of renewed lockdowns could hurt fuel demand. However, concerns of tight oil supplies too supported the commodity. U.S. President Joe Bidens trip to Saudi Arabia has failed to bring a promise of more oil supply on the table. WTI crude futures […]

Indias exports of agricultural and processed food products rose by 14 percent in the first three months of the current Financial Year 2022-23 (April-June) compared to the corresponding period of FY 2021-22. For the year 2022-23, the government had set an export target of USD 23.56 billion for the agricultural and processed food products basket under APEDA. The initiatives taken by the Ministry of Commerce […]

Sales rise 47.09% to Rs 146.05 crore

Kolte-Patil Developers rose 2.39% to Rs 262.95 after the real estate companys sales volume increased by 53% to 0.61 million square feet (sq.ft.) in Q1 FY23 from 0.40 million sq.ft. in Q1 FY22.

Gujarat State Fertilizers & Chemicals announced the forced safe shutdown of Urea-II plant. Urea-II plant was operating normal at 105 o/o with Titanium MOC lined high pressure Urea Reactor (XUR-101) in service. On 16 July 2022 night shift, the leakage in bottom thermo well of Urea Reactor (XUR-101) was noticed. The required actions of safe plant shut down were immediately taken. The estimated time required […]

Indias Rice exports witnessed a growth of 13 percent in the first three months of FY 2022-23, while the export of meat, dairy & poultry products increased by 9.5 percent and export of other cereals increased by 29 percent.The export of rice increased from USD 2412 million in April-June 2021 to USD 2723 million in April-June 2022.The dairy products were exported to the tune of […]

The facility was audited by the agency on February 17, 18 and 21, 2022.