News Overview

Core business contribution was 89% whereas Covid-19 business contributed 11% to the total revenues in 9M FY22.

India adds 1,67,059 new cases recorded in the last 24 hours. Daily positivity rate stands at 11.69% and weekly Positivity Rate stands at 15.25%. Indias Active caseload currently stands at 17,43,059. Active cases stand at 4.20%. Recovery Rate currently stands at 94.60% with 2,54,076 recoveries in the last 24 hours taking the total recoveries to 3,92,30,198. 73.06 crore tests were conducted so far; 14,28,672 tests […]

In MT Group

The new HaPpyShop stores have been opened at Company’s Auto Care Centre, Bandra West in Mumbai and Millennium Retail Outlet in Visakhapatnam.

Japan unemployment rate came in at a seasonally adjusted 2.7 percent in December, the Ministry of Internal Affairs and Communications said on Tuesday, from 2.8% in November. The job-to-applicant ratio was 1.16, up from 1.15 in the previous month. The participation rate slipped to 61.9 percent, easing from 62.0 percent in November. Powered by Commodity Insights

Sun Pharma Ltd reported 11.61% yoy growth in total sales revenues for the Dec-21 quarter on consolidated basis at Rs9,863cr

Indias gross domestic product decreased a real 6.6 percent in the fiscal year ended March 31, 2021, revised figures from the statistics ministry showed Monday. In May 2021, the ministry had estimated a 7.3 contraction. Growth for the fiscal year 2019-20 was revised down to 3.7 percent from 4.0 percent. In the latest annual Economic Survey, released earlier on Monday, the government estimated growth of […]

The Economic Survey does not and perhaps cannot factor in the election focused populism and it's distortions including in the gross fixed capital formation. We need to tread cautiously as we build back.

India's GDP at constant (2011-12) prices for the years 2020-21 and 2019-20 stands at Rs135.58 lakh cr and Rs145.16 lakh cr respectively, showing a contraction of 6.6 per cent during 2020-21 as compared to growth of 3.7 per cent during 2019-20.

The Union Budget that will be presented later during the day is likely to dictate the Indian rupee direction on Tuesday, 01 February 2022. Meanwhile, dollar easing from its recent peaks is expected to support the domestic unit, although higher crude oil prices could restrict gains. Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in the Parliament today, 1 February 2022. The Budget […]