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Australias central bank hiked its key interest rate by half percentage points, as widely expected citing the resilience of the economy and higher inflation. The policy board of the Reserve Bank of Australia decided to lift the cash rate target by 50 basis points to 1.35 percent from 0.85 percent. This was the third consecutive rate hike after lifting 50 basis points in June. The […]

This year, the rupee has fallen 6% versus the dollar.

Tata Motors logged sales of 19,105 EVs in 2021-22, clocking a growth of 353% against the previous year.

Elgi Equipments Ltd clocked volume of 89316 shares by 10:47 IST on BSE, a 5.62 times surge over two-week average daily volume of 15887 shares

Indias merchandise exports rose by 16.8 per cent to $37.9 billion in June 2022, while imports soared by 51.02 per cent to $63.58 leading to a trade deficit of $25.63 billion during the month, as per the government data released on Monday. In the first quarter of the current financial year, Indias merchandise export rose to $116.77 billion, recording an increase of 22.22 per cent […]

Australias central bank hiked its key interest rate by half percentage points, as widely expected citing the resilience of the economy and higher inflation. The policy board of the Reserve Bank of Australia decided to lift the cash rate target by 50 basis points to 1.35 percent from 0.85 percent. This was the third consecutive rate hike after lifting 50 basis points in June. The […]

The company will use a cost-effective and lean operating model with no minimum paid-up capital.

Gold came off overnight lows but stay near $1810 mark amid slight improvement in risk sentiment. Asian markets rose along with U.S. equity futures. European stocks also ended broadly higher on Monday while US markets were closed for Independence Day. However, rebound in US treasury yields, approaching 3% and rebound in dollar is likely to dim appeal for the yellow metal. Meanwhile, the upcoming Federal […]

Vedanta rose 2.08% to Rs 221.15 after the company said its total aluminium production grew 3% to 5,65,000 tonnes in Q1 FY23 compared with 5,49,000 tonnes in Q1 FY22.

Tuesday saw more increases for Brent crude futures as tight supply concerns were stoked by the prospect of a strike in Norway disrupting oil and gas production.