News Overview

NHPC had already paid Rs249.44 crore to Government of India during the current fiscal 2021-22 on account of final dividend for the financial year 2020-21.

Back in 2013, India was identified among the “Fragile Fiveâ€; economies most vulnerable to a post GFC taper. At that time the rupee and Sensex had crashed. This time, the Indian economy looks a lot stronger.

Zydus Lifesciences received the final approval from the US-based drug regulator, the United States Food & Drug Administration (USFDA) to market Colestipol Hydrochloride tablets (in the strength of 1mg).

The Indian rupee is expected to stay somewhat range bound in opening trades on Monday, 14 March 2022 as investors continue to monitor the Russia-Ukraine situation although easing crude oil prices could lend some support to the local unit. Meanwhile, resurgence of Covid wave in China is likely to dampen sentiments. Further, sustained foreign fund outflows from Indian market and dollar strength could weigh down […]

The report highlights Wipro as a good fit for large enterprises, bringing consultancy-led workplace transformation across geographies while saving costs.

Tech Mahindra: The IT company on Saturday announced that it has approved the proposal to acquire 100% equity shares in Thirdware Solutions. Thirdware, headquartered in Mumbai, is a global player in Enterprise Applications focused in the areas of ERP, BIA, Cloud and business technologies. Gail (India): Gail (India) said that its board has approved the payment of second interim dividend of Rs 5 per equity […]

FPI selling bouts are nothing new. We have seen that in the past, but it does intuitively look like this one of the worst bouts of FPI selling that India has ever seen.

US consumer sentiment index slid to 59.7 in March from 62.8 in February, its lowest level in over ten years in the month of March, according to a report released by the University of Michigan on Friday. With the bigger than expected decrease, the consumer sentiment index dropped to its lowest level since hitting 59.5 in September 2011. One-year inflation expectations jumped to 5.4 percent […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 96 points at the opening bell. On the macro front, IIP grew by 1.32% on an annual basis in January 2022, which is an improvement from the 0.7% annual growth in December 2021 according to the data released by the National Statistical Office (NSO) on March […]

Here is the important stock market news to watch out for today.