News Overview

To 3 February 2022

Ramkrishna Forgings standalone net profit jumped 170.59% to Rs 45.12 crore on a 50.70% surge in revenue from operations to Rs 606.05 crore in Q3 FY22 over Q3 FY21.

The bank stated that overnight MCLR rates will be 7.75%, while rates for one month, three-month, and six-month MCLR will be 7.80%, 7.85%, and 7.95% respectively.

The sector has enhanced its technology models to increase sales and reach out to consumers virtual interactions

Hemisphere Properties India Ltd recorded volume of 154.35 lakh shares by 14:19 IST on NSE, a 15.19 times surge over two-week average daily volume of 10.16 lakh shares

Here is the stock market performance at 2:30 PM today.

Sales rise 15.15% to Rs 1567.08 crore

The domestic equity benchmarks once again slipped below the flat line as they traded with moderate cuts in mid afternoon trade. The Nifty was trading tad above the 18,250 mark. Auto shares witnessed across the board selling. At 14:25 IST, the barometer index, the S&P BSE Sensex, was down 102.23 points or 0.17% to 61,206.68. The Nifty 50 index lost 53.50 points or 0.29% to […]

UK unemployment rate decreased in three months to November, data from the Office for National Statistics showed Tuesday. The unemployment rate dropped to 4.1 percent in three months to November. The rate was forecast to remain unchanged at 4.2 percent. The employment rate increased by 0.2 percentage points on the quarter to 75.5 percent, data showed. During October to December, the number of job vacancies […]

Indian Sugar Mills Association (ISMA) stated that a total of 504 sugar mills were in operation in the country as on 15th January 2022 and have produced 151.41 lac tons of sugar, as compared to 142.78 lac tons produced by 487 sugar mills as on 15th January’ 2021. This is 8.63 lac tons higher as compared to last season’s production for the corresponding period. In […]