News Overview

Revenues are $15.0 billion, an increase of 24% in U.S. dollars and 28% in local currency.

Business Wire India MO Technologies, which offers financial technology (fintech) companies a more complete view of a person’s creditworthiness through location intelligence, has adopted Esri’s ArcGIS Platform to provide the precise, frequently updated data at the core of MO’s tools used to complement traditional credit scoring models.   Understanding that the financial life of a person doesn’t always fit the mold used by credit scoring […]

The rate of interest on Government of India Floating Rate Bonds, 2033 (GOI FRB 2033) applicable for the half year March 22, 2022 to September 21, 2022 shall be 5.53% per annum, according to a latest update from the Reserve Bank Of India (RBI). The central bank noted that FRB, 2033 will carry a coupon, which will have a Base rate equivalent to the average […]

The Mainland China shares closed mixed on Monday, 21 March 2022, with the Shanghai Composite Index and Shenzhen Composite Index managing to end above the unchanged line, while the CSI300 index settled down. The mixed finish of the Mainland market came as Chinas central bank dashed hopes for an interest rate cut. The Peoples Bank of China kept its benchmark one-year loan prime rate unchanged […]

COMEX Copper pulled back today, sliding from its two week high as worries over Russia-Ukraine war weighed on the commodity. Firm US dollar also capped the advances of the metal and the COMEX Copper futures are currently trading at $4.66 per pound, down 1.49% on the day. MCX Copper futures are trading at Rs 810.70 per kg, down 0.66% on the day after a volatile […]

The Indian rupee slumped 31 paise to close at 76.15 (provisional) against the US dollar on Monday as rising crude oil prices and a lacklustre trend in domestic equities weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 76.08 against the American currency, then lost further ground to settle at 76.15, down 31 paise from the previous close. On Thursday, […]

Hong Kong share market finished lower for second straight session on Monday, 21 March 2022, as investors reacted to Chinas central bank decisions to hold an interest rate steady and the war in Ukraine raged on after rejecting Russias demand to surrender the besieged city of Mariupol. At closing bell, the benchmark Hang Seng Index declined 0.89%, or 191.06 points, to 21,221.34. The Hang Seng […]

Suzuki Motor Corporation (SMC) signed MoU with the State of Gujarat, India to invest approximately 150 billion yen (approximately Rs 10,440 crore) for local manufacturing of electric vehicles (BEV) and BEV batteries.

The Australian share market finished session lower on Monday, 21 March 2022, as investors reacted to the ban announced Sunday by the Australian government on exports of alumina and aluminium ores to Russia. Meanwhile, sentiments were also deteriorated as Chinas central bank dashed hopes for an interest rate cut and the war in Ukraine raged on after rejecting Russias demand to surrender the besieged city […]

The domestic equity barometers ended near the days low with modest losses on Monday. The Nifty closed below the 17,150 level. Banks, autos and financial shares were under pressure. On the other hand, metal shares bucked the weak market trend. The barometer index, the S&P BSE Sensex, fell 571.44 points or 0.99% to 57,292.49. The Nifty 50 index lost 169.45 points or 0.98% to 17,117.60. […]