News Overview

The increase in prices would vary across models and variants.

Indian Rupee is likely to start in a cautious manner after falling sharply in last session as equities continued to tank. The INR lost 26 paise to 76.55 per US dollar. The benchmark indices ended with major losses on Tuesday, extending their losing run to fifth consecutive session. Major selling was witnessed in the fag end of the session. Weakness in the European markets amid […]

COMEX Copper futures slipped in last session, giving up from two week highs on worries about the fallout from Chinas lockdowns in major cities. Market also remained worries about demand in emerging economies. The IMF cut global growth estimates in a latest update that noted that monetary tightening by central banks of advanced economies may stoke inflation in emerging markets due to currency depreciation, necessitating […]

For development of SRM drive platforms for electric vehicles

Crude oil tanked more than 5% yesterday as traders eyed weak global growth estimates. The IMF slashed global growth forecast for 2022 and 2023 by 0.8 percentage point and 0.2 point, respectively, to 3.6%. The downgrade largely reflects the wars direct impacts on Russia and Ukraine and global spillovers, said the report. WTI Crude lost out on this and also tracked soaring Chinese Covid-19 cases. […]

The company will make Enedyms SRM drive motors, controllers, and drive trains for the target applications exclusively in India with serial production expected to start in 2023.

Pomila brings 36 years of varied experience across segments of the oil & gas Industry encompassing operating, regulatory, and policy aspects of upstream and downstream industry.

COMEX Gold tanked in last session as profit booking hurt the metal following a test of the psychological $2000 level the previous session. Gold fell in tune with other commodities and was also hurt due to soaring US equities. The metal lost more than $25 per barrel before witnessing some support and currently trades at $1950 per ounce, down marginally on the day. MCX Gold […]

Sales rise 20.35% to Rs 581.53 crore

The International Monetary Fund (IMF) on Tuesday trimmed Indias economic growth forecast to 8.2% for FY23 from 9% estimated in January, citing the impact of high oil prices on consumer demand and private investments. The Fund also cut Indias FY24 growth forecast to 6.9% from 7.2% estimated earlier. Powered by Capital Market – Live News