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Fed has raised rates by 150 bps since March taking the Fed rates to the range of 1.50% to 1.75%.

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Business Wire India True Global Ventures 4 Plus (TGV4 Plus) Fund today announces its first closure of its US$146m Follow On Fund.   The TGV4 Plus Follow On Fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than US$62m of their money into the fund. This is a total GP commitment of over 40% […]

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The key equity indices sharply pared early gains in morning trade. The Nifty traded below the 15,750 level. Private bank stocks witnessed some bit of bargain buying after declining in the past four sessions. At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 194.49 points or 0.37% to 52,735.88. The Nifty 50 index added 44.45 points or 0.28% to 15,736.60. In the […]

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Under the Income-tax Act of 1961, the Cost Inflation Index is used to compute the "indexed cost of acquisition" for computing capital gains on the sale of any capital asset.

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Fitch has also affirmed the Government Support Ratings (GSRs) for seven of these banks.

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Japan posted a merchandise trade deficit of 2,384.7 billion yen in May, the Ministry of Economy, Trade and Industry reported. Exports were up 15.8 percent, shy of expectations for an increase of 16.4 percent and up from 12.5 percent in the previous month. Imports surged an annual 48.9 percent versus expectations for a gain of 43.6 percent following the upwardly revised 28.3 percent gain a […]

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On 6 July 2022

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Kudos manufactures speciality chemicals used as beverage and pharmaceutical ingredients.

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Merchandise exports grow by 20%; Services exports up 30%.

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