News Overview

The US job openings outnumbered available workers by nearly 5 million in January, the latest sign of a historically tight employment picture, the Labor Department reported Wednesday. Total vacancies actually dipped a bit, falling to 11.26 million following a substantial upward adjustment in Decembers numbers, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey showed. That still left job postings 4.75 million above […]

The company has captured a market share of 10.1% of the total beer market of Karnataka in February 2022 as compared to a 3.9% market share.

The construction work for the factory is to be commenced by the end of March 2022.

The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.

Through subsidiary - NeoSky India

Kalpataru Power Transmission (KPTL) has received a Letter of Intent (LoI) for Power Transmission and Distribution project in international market. The LoI is for a prestigious project involving design, engineering, supply and construction of HVDC power transmission line of ~700 kms. The estimated value of the project stands at Rs.3,276 crore (USD 431 Million). The LoI is subject to fulfilment of certain conditions. The project […]

Presently, he is the head of the Department of External Investments and Operations (DEIO) in the Central office of the RBI, Mumbai.

Jindal Steel and Power (JSP) continues to post robust Steel sales in February 2022 with volumes up 8% Y-o-Y to 5.90 lakh tonnes (compared to 5.47 lakh tonnes in same period prior year). Sales would have been higher if not for limited rake availability in the eastern part of the country. Railway Rake availability issue is not yet fully resolved, hampering Companys sales efforts. JSPs […]

COMEX Copper futures extended losses after hitting an all time high above $5 per pound as possibility of some calm on the Russia-Ukraine front increased and traders booked profits after the wild run in last few days. Ukraine President Volodymyr Zelensky said he is no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russias stated reasons for launching the […]

Gold tumbled in last session. Crude oil prices saw a massive slide with WTI Crude oil siding more than 10% to approach under $110 per barrel. Copper prices have also dropped sharply after hitting record highs and equities soared following this moderation in commodity prices. The stocks surged on Wednesday led by financial and tech shares, rebounding from recent multi month lows as inflationary fears […]