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After a series of raids conducted by the CBI investors lose faith in the company.

China industrial production logged a mild recovery in May and retail sales fell less than expected with the gradual relaxation of pandemic-related restrictions. According to the National Bureau of Statistics, industrial production rose 0.7 percent on a yearly basis in May, reversing the 2.9 percent fall in April. At the same time, the annual fall in retail sales slowed to 6.7 percent from 11.1 percent […]

Gold prices were lifted from near one-month lows by weaker Treasury yields.

Kirloskar Brothers Ltd, Black Box Ltd, Apar Industries Ltd and Jamna Auto Industries Ltd are among the other gainers in the BSEs A group today, 15 June 2022.

Oil producing countries cartel OPEC has noted in a latest update that world economic growth in 2022 remains broadly unchanged at 3.5%, following growth of 5.8% in 2021. US GDP growth for 2022 is revised down to 3.0% from 3.2%, after growth was reported at 5.7% for 2021. Euro-zone economic growth for 2022 is revised down to 3.0% from 3.1%, following growth of 5.4% in […]

Cantabil Retail India said that ICRA had upgraded its long-term (LT) rating on the bank facilities of the company to

Life Insurance Corporation of India (LIC) disclosed that it increased its stake in Hero MotoCorp to 11.256% from 9.163% and in Hindustan Unilever (HUL) to 5.008% from 4.995% earlier.

The company has set a target to grow from 85 employees to 350 within the next 2 years.

On 16 June 2022

It is reiterated that banks are required to follow these instructions in letter and spirit, said Bank.