News Overview

Australia retail sales advanced 1.8 percent in February from January, when turnover was up 1.6 percent, the Australian Bureau of Statistics said on Monday. This was the second consecutive rise in sales. On a yearly basis, retail sales growth improved to 9.1 percent from 6.3 percent in January. The monthly growth was largely driven by sales of clothing, footwear and personal accessory, which grew 11.2 […]

This was Putin’s first major offensive against the global financial markets, which had sought to corner Russia by imposing sanctions at multiple levels. After putting sanctions on Russian payments, the latest round of sanctions by the US decided to curb the Russian trade in gold by disallowing the citizens of the US and its allies from trading with Russian banks for gold.

We will come back to the reasons for the sell-off later, but here is a quick look at how FPI selling panned out through fiscal year 2021-22

A notice of demand is received in respect of the land situated at Kukatpally, Hyderabad.

The company becomes the largest global Home Textile bedding manufacturer.

Telecom stocks were trading in green, with the S&P BSE Telecom index increasing 20.97 points or 1.12% at 1888.32 at 09:51 IST.

Banking stocks were trading with gains, with the S&P BSE BANKEX index rising 1057.72 points or 2.48% at 43653.93 at 09:51 IST.

Financials stocks were trading in the positive zone, with the S&P BSE Finance index rising 341.12 points or 4.19% at 8477.23 at 09:51 IST.

The company has also approved another fundraising through availing of an unsecured loan up to an amount of Rs200 crore.

Upon the Scheme becoming effective, HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC will own 41% of HDFC Bank.