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GHCL today inaugurated its new spinning unit at Manaparai in Madurai district of Tamil Nadu. The unit, which is the latest addition to the yarn division, has a production capacity of 23 tons per day. The unit is equipped with 39600 ring spindles. With the commencement of this unit, the companys yarn division will have an installed capacity of 224000 ring spindles. Powered by Capital […]

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Spanish Gross domestic product grew 0.2 percent sequentially in first quarter of 2022, slower than the 0.3 percent expansion estimated on April 29. The quarterly growth rate has eased from 2.2 percent in the fourth quarter of 2021. Year-on-year, economic growth accelerated to 6.3 percent from 5.5 percent in the fourth quarter. The first quarter rate was revised down slightly from 6.4 percent.Powered by Commodity […]

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The key equity barometers settled with strong gains on Friday, rising for the second straight day. Global stock markets jumped amid cooling commodity prices. The lower commodity prices are expected to help the manufacturing sector by easing their input costs. It will also help control overall inflation. The Nifty closed near 15,700 level after hitting the days low of 15,619.45 in early afternoon trade. Barring […]

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Rupee edges up

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At 78.3300/3350 per Dollar

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The Indian rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 (provisional) against the US dollar. At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous close. During the day, the local unit witnessed an intra-day high of 78.19 and a low of […]

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GHCL today inaugurated its new spinning unit at Manaparai in Madurai district of Tamil Nadu. The unit, which is the latest addition to the yarn division, has a production capacity of 23 tons per day. The unit is equipped with 39600 ring spindles. With the commencement of this unit, the companys yarn division will have an installed capacity of 224000 ring spindles. Powered by Capital […]

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COMEX Silver struggled near five week low, not witnessing much of buying support as precious metals markets lingered in a tight range. Gains in equities capped safe haven demand. Asian stocks moved up on Friday. Major gains were seen in Chinese and Hong Kong indices. European shares moved up ahead of the weekend with major indices rising more than 1%. COMEX Silver futures are trading […]

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India VIX fell 1.58% as shares advanced.

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Rupee edges up

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At 78.3300/3350 per Dollar

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