News Overview

The combined US rig count was unchanged on the week at 663 as of Friday 18th March 2022. This marked a considerable increase on the year ago figures which stood at 411 rigs, according to the data from Baker Hughes. One miscellaneous unit was added in the United States for the week, helping to offset a decline of three oil-directed rigs. The number of rigs […]

Alembic Pharmaceuticals advanced 3.97% to Rs 755.35 after the company announced the receipt of final approval from the US Food & Drug Administration (USFDA) for its ANDA for Lacosamide Tablets.

On 22 March 2022

On 18 April 2022

On 25 March 2022

Aurobindo Pharma jumped 6.76% to Rs 683.50 after the company announced the signing of sub-license agreement for manufacturing a generic version of Pfizers COVID-19 oral treatment nirmatrelvir.

The Reserve Bank Of India (RBI) stated in its latest monthly update that the ongoing geopolitical crisis has heightened the uncertainty clouding the global macroeconomic and financial landscape even as the world economy struggles to recover from the pandemic. As the conflict escalates, oil and other commodity prices are blazing to multi-year highs, and financial markets are on edge, driven by massive sell-offs. Amidst these […]

Ruchi Soya Industries fell 8.81% to Rs 915.95 after the company said it fixed a price band at Rs 615 to Rs 650 per share for its follow-on public offer (FPO).

North Eastern Carrying Corporation Ltd, Kamdhenu Ltd, Dodla Dairy Ltd and SMS Pharmaceuticals Ltd are among the other gainers in the BSEs B group today, 21 March 2022.

China left its benchmark lending rates unchanged on Monday. The one-year loan prime rate was retained at 3.70 percent and the five-year LPR, the benchmark for mortgage rates, was maintained at 4.60 percent. In January, the one-year loan prime rate was reduced by 5 basis points, which was the second consecutive reduction and the five-year LPR was lowered for the first time since April 2020. […]