News Overview

Varun Beverages Ltd is quoting at Rs 1115.05, up 2.2% on the day as on 12:49 IST on the NSE. The stock is up 71.82% in last one year as compared to a 5.71% gain in NIFTY and a 5.41% gain in the Nifty FMCG index.

COMEX Gold futures stayed weak today after posting its biggest weekly loss in about eleven months last week. COMEX Gold futures are holding near $1800 per ounce. Gold continued to be under stress due to continued firmness in the US dollar index as it hovered just under a 20-year high. However, worries over the Russia-Ukraine war and US economic scenario are likely to cap the […]

On 20 May 2022

On 20 May 2022

On 23 May 2022

On 21 May 2022

Cruise tourism is one of the most vibrant and fast-growing components of the leisure industry, said Union Minister Sarbananda Sonowal. He spoke at the 1st Incredible India International Cruise Conference 2022 organised by the Mumbai Port Authority under the aegis of Ministry of Ports, Shipping and Waterways, Government of India, along with the Federation of Indian Chambers of Commerce and Industry (FICCI). Speaking to the […]

Chinas bank lending declined in April as Covid lockdowns disrupted economic activity, as per the data by the Peoples Bank of China. Banks extended CNY 645.4 billion in new yuan loans in April compared to the expected level of CNY 1.51 trillion and Marchs lending of CNY 3.13 trillion. Aggregate financing totaled CNY 910.2 billion versus CNY 4.65 trillion in March. Powered by Commodity Insights

The number of total active drilling rigs in the United States rose by 9 last week, according to new data from Baker Hughes published on Friday. The total rig count increased to 714 this week?261 rigs higher than the rig count this time in 2021 and the highest count since April 2020. Drilling has picked up substantially since the Russia invasion of Ukraine. Oil rigs […]

Sales rise 28.05% to Rs 1674.08 crore