News Overview

More than 5000 Jobs to be created in FY23.

RITES rose 3.73% to Rs 255.65 after the company said that its board has approved third interim dividend of Rs 7.50 per share for the financial year 2021-22.

The Board of Directors have also fixed Friday, March 25, 2022, as the record date for the purpose of payment of dividend.

Of Rs.7.50 per share

In another transaction, BNP Paribas Arbitrage has net bought 2.40 lakh equity shares in BSE via open market transactions at an average price of Rs2,897.09 per share.

Easing international crude oil prices and dollar weakness ahead of the FOMC is expected to provide support to the Indian rupee on Tuesday, 15 March 2022. However, weak global sentiments amid constant conflict on Russia-Ukraine front and rising Covid cases in China could weigh down the local unit. Meanwhile, Indias wholesale price-based inflation in February rose to 13.11 per cent on hardening of prices of […]

Chinese Covid cases are surging. The country reported 5,280 new coronavirus cases on Tuesday, the National Health Commission (NHC) said, hitting the highest number in two years, media reports noted. The record figure was driven by a surge in nationwide Omicron outbreaks. Powered by Commodity Insights

Till now about 103.40 Lakh farmers have been benefitted with MSP value of Rs1,43,380.03 crore.

The large base metals speculators increased their net long positions in the Copper futures markets last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 31819 net contracts in the data reported through week ended March 8 2022. This was a weekly jump of 9726 […]

Crude oil futures tanked, testing around two week low amid renewed worries on Covid-19 spikes in China and currently trade down around 4% at $99 per barrel. MCX Crude oil futures broke under the key Rs 8000 per barrel mark and closed at Rs 7797 per barrel, down 6.45% on the day. While the Russia-Ukraine war continues, oil has been hurt by lack of fresh […]