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The first estimate for euro area exports of goods to the rest of the world in May 2022 was ?248.5 billion, an increase of 28.9% compared with May 2021 (?192.8 bn). Imports from the rest of the world stood at ?274.8 bn, a rise of 52.0% compared with May 2021 (?180.8 bn). As a result, the euro area recorded a ?26.3 bn deficit in trade […]

REC Ltd is quoting at Rs 120.3, down 0.82% on the day as on 13:19 IST on the NSE. The stock tumbled 20.67% in last one year as compared to a 0.3% rally in NIFTY and a 4.94% fall in the Nifty Energy index.

With effect from 14 July 2022

Japans tertiary activity increased for the third straight month in May, but at a softer pace, data from the Ministry of Economy, Trade and Industry showed. The seasonally adjusted tertiary activity index rose 0.8 percent month-on-month in June, after a 1.2 percent growth in April. Meanwhile, the indexes for wholesale trade, finance and insurance, information and communications, and real estate declined. On a yearly basis, […]

Dollar took a breather after sustained rally during the week as investors turned uncertain about further rate hikes. The dollar index lingered in the 108-mark range tracking pullback in US benchmark treasury yields as possibility of an oversized rate hike eased following remarks from hawkish central bankers in separate events. Federal Reserve Bank of St. Louis President James Bullard said he favoured sticking with a […]

Mphasis Ltd is quoting at Rs 2097.6, down 0.64% on the day as on 13:19 IST on the NSE. The stock tumbled 12.24% in last one year as compared to a 0.3% rally in NIFTY and a 10.59% fall in the Nifty FMCG index.

The domestic equity barometers traded with minor gains in afternoon trade. The Nifty traded above the 16,950 level. European shares advanced while Asian shares were mixed. At 13:28 IST, the barometer index, the S&P BSE Sensex, was up 97.35 points or 0.18% to 53,513.50. The Nifty 50 index added 31.25 points or 0.20% to 15,969.90. In the broader market, the S&P BSE Mid-Cap index gained […]

Tech Mahindra Ltd is quoting at Rs 968.9, down 0.71% on the day as on 13:19 IST on the NSE. The stock tumbled 12.17% in last one year as compared to a 0.3% rally in NIFTY and a 10.59% fall in the Nifty FMCG index.

The government should think about selling Power Finance Corporation's interest in the company to Power Grid Corp. of India, according to the state-run REC Ltd.

At meeting held on 15 July 2022