News Overview

For execution of Masalia Ranishwar Megalift irrigation scheme

In its monetary policy statement after the May 2022 FOMC policy, the Fed not only announced a 50 bps rate hike, but also promised to boost rates by another 175-200 bps by the end of 2022. However, this has opened up two separate debates.

Reported sales nil

While exports to these markets from India will remain high in the first quarter of this fiscal, retreating prices will narrow the arbitrage for domestic mills. To sum up, exports out of India will remain range bound at 13-14 million tonne this fiscal on the back of revised quota to Europe and supply constraints in south-east Asia.

Japan services sector swung into expansion territory in April, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 50.7. Thats up from 49.4 in March and it moves above the boom-or-bust line of 50 that separates expansion from contraction. While the lifting of remaining restrictions aided the recovery in activity, stronger growth was held back by uncertainty linked to […]

The drug company received a tentative approval from United States Food & Drug Administration (USFDA) for calcipotriene and betamethasone dipropionate foam.

The project is to be executed within the Financial Year 2022-23.

Apollo Tricoat Tubes tumbled 6.04% to Rs 835.70 after the company reported 10% fall in net profit to Rs 30.8 crore despite a 77% increase in revenue to Rs 830.5 crore in Q4 FY22 over Q4 FY21.

Procter & Gamble Health Ltd notched up volume of 45597 shares by 10:48 IST on BSE, a 8.05 fold spurt over two-week average daily volume of 5667 shares

On 17 May 2022