News Overview

Effective 20 April 2022

At 76.5650/5700 per Dollar

The Nifty index attempted for a recovery in the first half of the session and it managed to surpass 17250, however, all of a sudden the index corrected sharply in the last hour of the trade and breached the 17,000 mark.

The Solvent Extractors Association of India has compiled the export data for export of oilmeals for the month of March, 2022 provisionally reported at 242,043 tons compared to 322,850 tons in March 2021 i.e. down by 25% mainly due to decline in export of soybean meal. The overall export of oilmeals during Apr.21 – Mar.22 decreased and reported at 2,373,744 tons compared to 3,689,483 tons […]

The World Bank has lowered its forecast for global economic growth this year citing the impact of the war in Ukraine, World Bank President David Malpass said on Monday. The global growth outlook was reduced to 3.2 percent from 4.1 percent. The downgrade largely reflects the weaknesses seen in Europe and central Asia, which cover Russia and Ukraine, he said. Forecasts for advanced and many […]

At meeting held on 19 April 2022

HDFC Bank, Reliance Industries (RIL) and Housing Development Finance Corporation (HDFC) most active in futures segment.

Larsen & Toubro announced that the international arm of the Water & Effluent Treatment Business has been awarded a project from a prestigious client to construct and commission water supply schemes for various towns in Tanzania. The aggregate scope of work comprises design & construction of raw water intake systems, storage tanks, water treatment plants of a total capacity of 71 MLD, 5 clear water […]

At meeting held on 19 April 2022

At Kandla SEZ