News Overview

India's CPI Inflation surged to near 8-year high at 7.79% in April on higher energy, food costs.

A report released by the Labor Department on Thursday unexpectedly showed a slight increase in first-time claims for U.S. unemployment benefits in the week ended May 7th. The Labor Department said initial jobless claims crept up to 203,000, an increase of 1,000 from the previous weeks revised level of 202,000. The report showed the less volatile four-week moving average also edged up to 192,750, an […]

The key equity benchmarks traded with strong gains in early trade, tracking positive global cues. The Nifty traded a tad above the 16,000 level. All the sectoral indices on the NSE traded in the green. At 09:27 IST, the barometer index, S&P BSE Sensex was up 589.69 points or 1.11% to 53,520. The Nifty 50 index rose 198.05 points or 1.25% to 16,006.05. The broader […]

Business Wire IndiaThe Board of Directors (Board) of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its audited results for the year ended Mar 31, 2022.   Performance Highlights (Consolidated) Assets Under Management (AUM) for FY22 increased to Rs 16,579 Cr, recording a growth of 17% over FY21 while disbursements stood at Rs 9,494 […]

Tata Motors Ltd has lost 7.66% over last one month compared to 2.87% fall in S&P BSE Auto index and 8.48% drop in the SENSEX

The US stocks closed volatile session mixed on Thursday, 12 May 2022, with the Dow Jones Industrial Average and the S&P 500 settling edge below neutral line, while the Nasdaq managed to cling gain line. After plunging almost 2% earlier in the session, the S&P 500 index almost erased its losses into the close of trade after Federal Reserve Bank of San Francisco President Mary […]

Indias consumer price inflation accelerated further in April to its highest level in eight years, raising the prospect of another interest rate hike from the central bank in the next policy meeting in June. The consumer price inflation climbed to 7.79 percent from 6.95 percent in March. Price growth is now at its highest level since May 2014, when it was 8.33 percent. A year […]

Record date is 29 July 2022

Siemens fell 3.83% to Rs 2188.15 after the company reported a standalone net profit of Rs 328.90 crore in Q2 FY 2022, which is marginally higher as compared with a net profit of Rs 328.30 crore recorded in Q2 FY 2021.

In relation to this partnership, Wipro will leverage its ecosystem of local and global partners to digitalize their services and future-proof Scania’s workplace.