News Overview

JSW Steel reported crude steel production for the month of February 2022 at 1580 lakh tonnes compared to 1306 lakh tonnes in February 2021 recording a growth of 21Percentage Production of flat rolled products rose 25Percentage to 1154 lakh tonnes while production of long rolled products increased by 8Percentage to 367 lakh tonnes in February 2022 compared to February 2021 While the average capacity utilisation […]

Computer Age Management Services announced the acquisition of 51Percentage stake in Fintuple Technologies Fintuple a Fintech start-up offering platform and API solutions for AIFs PMSs Custodians and Distributors Founded in 2018 Fintuple is a new age start-up which has launched niche technology offerings in the areas of client digital on-boarding eKYC fund reports and other support digital solutions for AIF and PMS In a short […]

Record date is 25 March 2022

Record date is 22 March 2022

Automobile dispatches from the factory to dealerships in India dropped by 23.4% in February year-on-year due to semiconductor shortage and price rise, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday, according to media reports. Total automobile wholesale in India stood at 13,28,027 units in February 2022 as against 17,35,909 units recorded in February 2021. Passenger vehicles sales stood at 262,984 […]

The index of industrial production saw a 1.3% year-on-year rise, according to data released on Friday. It had slumped to a 10-month low of 0.4% in December 2021. For the month of January 2022, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 138.4. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of […]

COMEX Gold futures failed to break above $2000 per ounce in volatile trades as risk appetite picked up strength in Europe. Media reports noted that Russian President Vladimir Putin said on Friday there had been some progress in Moscows talks with Ukraine. This pushed up major equity indices in Europe. Gold is currently trading at $1982 per ounce amid these developments, down around 0.90% on […]

COMEX Gold futures failed to break above $2000 per ounce in volatile trades as risk appetite picked up strength in Europe. Media reports noted that Russian President Vladimir Putin said on Friday there had been some progress in Moscows talks with Ukraine. This pushed up major equity indices in Europe. Gold is currently trading at $1982 per ounce amid these developments, down around 0.90% on […]

On 16 March 2022

On 16 March 2022