News Overview

It is noteworthy that the India-Australia ECTA (Economic Cooperation and Trade Agreement) is a first trade agreement of India with a developed country after more than a decade.

The broader BSE Midcap and Smallcap indices rose in tandem with the frontline indices and closed 0.9 per cent higher each.

RBI noted today that since the MPCs meeting in February 2022, the global economic and financial environment has worsened with the escalation of geopolitical conflict and accompanying sanctions. Commodity prices have shot up substantially across the board amidst heightened volatility, with adverse fallouts on net commodity importers. Financial markets have exhibited increased volatility. Crude oil prices jumped to 14-year high in early March; despite some […]

Equity indices snapped their three day losing streak and closed with strong gains on Friday. Barring IT index, all sectoral indices on the NSE ended in the green. Domestic sentiment was buyont after RBI kept repo rate unchanged. The Nifty scaled 17,800 mark but ended below that level. As per the provisional closing data, the barometer index, S&P BSE Sensex added 412.23 points or 0.7% […]

New production facility will manufacture digital technologies for electrical distribution networks for Indian and global markets.

The 'RD' rating reflects the uncured default in meeting repayment obligations on the bulk of FRL's onshore debt that was restructured under the Indian central bank's August 2020 One Time Restructuring (OTR) framework

The MPC's revised GDP and inflation forecasts of 7.2% and 5.7%, respectively, for FY2023

Clearly, the Dec-21 quarter dominated the IPO stakes while the Mar-22 quarter was the laggard.

The projected numbers perhaps warrant more frequent revisits in the face of dynamically evolving operative environment, within and outside India.

The company has achieved a total sales volume of 1.34 million square feet of super built-up area and the highest ever realization of Rs11.10 billion during Q4FY22.