News Overview

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 17 points at the opening bell. On the macro front, Indias industrial growth, as per the Index of Industrial Production (IIP), edged up to 1.7% in February from 1.5% in January, government data released yesterday showed. Indias retail inflation jumped to a 17-month high of 6.95% […]

In Jan-22, CPI inflation crossed 6% after a gap of 7 months and has since stayed above 6%. In 5 out of the last 11 months, CPI inflation was above 6%, which is the RBI outer tolerance limit. However, Mar-22 also marks the 30th successive month that retail inflation stayed above the RBI median target of 4%.

Russia has offered to pay the dues in equivalent roubles deposited in the account but S&P still calls it a default. From Russia’s side, they have refused to accept it as a default since it was artificially caused by US sanctions. Russia has clarified that it is willing to pay, but its hands are tied by the sanctions.

Expect a stable quarter from the company

Sales rise 2.30% to Rs 448.79 crore

Sales rise 22.90% to Rs 19.43 crore

Sales rise 60.27% to Rs 112.51 crore

Sales rise 26.17% to Rs 20.01 crore

US consumer price index surged by 1.2 percent in March after climbing by 0.8 percent in February, reflecting a spike in gasoline prices, the Labor Department reported on Tuesday. The jump in consumer prices came as gasoline prices skyrocketed by 18.3 percent, accounting for over half of the monthly increase. Food prices also shot up by 1.0 percent. Meanwhile, the report showed core consumer prices, […]

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