News Overview

The volumes for the quarter stood at 44,723 tonnes as against 45,964 tonnes in Q3FY21.

Euro area gross domestic product grew 0.3 percent sequentially, slower than the 2.3 percent expansion seen in the third quarter, preliminary flash estimate from Eurostat showed on Monday. On a yearly basis, economic growth accelerated to 4.6 percent from 3.9 percent in the preceding quarter. But this was slightly weaker than the expected rate of 4.7 percent. The EU27 GDP grew 0.4 percent on quarter, […]

Nifty Realty index ended up 3.14% at 480.25 today. The index has slipped 1.00% over last one month. Among the constituents, Brigade Enterprises Ltd rose 5.39%, Godrej Properties Ltd gained 5.09% and Phoenix Mills Ltd jumped 4.45%. The Nifty Realty index has soared 57.00% over last one year compared to the 27.18% increase in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index […]

Copper stabilized today after a heavy fall in the last session as rising equities and a fall in the US Covid-19 cases supported sentiments, Copper tanked on Friday as US dollar index spiked to a fresh 18 month high above 97 mark. COMEX Copper futures saw accelerated losses after breaking under $4.40 per pound mark and fell to a five week low near $4.30 per […]

The Economic Survey notes that the first half of the calendar 2021 witnessed an acceleration in the global economic activity that lifted the merchandise trade above its pre-pandemic peaks.

Survey said that the new chapter demonstrates use of satellites & geo-spatial images to gauge various economic phenomenon.

The issue with a face value of Rs 10 per equity share consists of a fresh issue of equity shares worth up to Rs 216 crore and an offer-for-sale (OFS) of up to 1,483,000 equity shares by existing shareholders

The survey said that with the gradual waning of base effect in WPI its divergence in WPI and CPI inflation is expected to narrow down.

Female Workforce contributed to 63% of additional workforce created during 2018-19 and 2019-20.

The credit rating has assigned an A1+ rating on the company’s short-term bank facilities.