News Overview

INR Settles Lower Post Budget The Indian rupee pared its initial gains and settled 17 paise lower at 74.82 (provisional) against US dollar on Tuesday on the back of higher-than-expected borrowing in the next financial year. The total Market Borrowings of the government for 2022-23 are estimated to stand at Rs. 11,58,719 crore. The Revised Estimates for the same for 2021-22 are Rs. 8, 75,771 […]

India benchmark government bond yields rose sharply in response to the higher-than-expected gross market borrowing numbers of the Union government. The total Market Borrowings of the government for 2022-23 are estimated to stand at Rs. 11,58,719 crore. The Revised Estimates for the same for 2021-22 are Rs. 8, 75,771 crore as against the Budget Estimates of Rs. 9, 67,708 crore. The 10-year 6.54 GS 2032 […]

Lupin intimated that they have entered into a license, supply and technology sharing agreement with Axantia Holding (Axantia), operating through its pharmaceutical subsidiaries - Pharma International Company and Med City Pharmaceutical Industries.

The state-run coal majors offtake stood at 60.8 million tonnes (MT) in January 2022, growing 13.6% as compared with 53.6 MT recorded in the same month last year.

Union Minister for Road Transport and Highways Nitin Gadkari hailed the Budget as historic giving new vision to new India. He said it is exactly the vision of 21st century and the economic vision and priority has already decided by this budget. Gadkari said the highest priority is for Scheduled Castes, Scheduled Tribe, Farmers, Rural India, Agricultural India Tribal India, Gaon, Garib Majdoor Insaan , […]

The Union Finance Minister stated that the income tax is not an allowable expenditure for the computation of business income. This includes tax as well as surcharges.

Sales rise 29.72% to Rs 225.15 crore

Sales rise 0.99% to Rs 494.15 crore

Sales rise 100.00% to Rs 0.60 crore

The company has reported sales for the Cargo vehicles for January 2022 at 477 units, against 483 units for the corresponding period, down by 1% YoY.