News Overview

The US Fed Governor Lael Brainard stated yesterday that we are seeing the strongest rebound in growth and decline in unemployment of any recovery in the past five decades. Over the past year, unemployment has fallen by 2.8 percentage points, and growth is estimated to be around 5.5%, according to a variety of private forecasts. But inflation is too high, and working people around the […]

The business of a wholly-owned subsidiary is in line with the main line of business of the Company.

India’s overall exports (Merchandise and Services combined) in December 2021 are estimated to be USD 57.87 Billion, exhibiting a positive growth of 25.05% over the same period last year and a positive growth of 23.35% over December 2019. Overall imports in December 2021 are estimated to be USD 72.35 Billion, exhibiting a positive growth of 33.86% over the same period last year and a positive […]

Having learnt from the impact of the first two covid waves, India Ratings and Research (Ind-Ra) opines non-bank finance companies (NBFCs) are much better placed to handle the possible impact of the ongoing third covid wave. While the third wave is more rapidly spreading, the need for hospitalisation and casualty has been lower while the healthcare infrastructure seems to be prepared to cope with the rising numbers.

During Rajaram’s tenure in the company, it has accomplished the title of top employer for three consecutive years and has also received various recognitions for its unmatched initiatives in communications, HR practices, corporate social responsibility, and public health.

Welspun Corp rose 3% while Jindal Steel also outperformed to lift the sector.

Jubilant FoodWorks rose 1.72% to Rs 3985.45 after the company said its board will consider a stock split on 2 February 2022.

Indias Wholesale Price Index (WPI) inflation moderated to 13.56% in December 2021. This is lower than November 2021s 14.23%, which was highest in the current WPI series. The decline in WPI inflation in December 2021 was driven by a fall in prices of fuel items, with wholesale fuel and power inflation easing to 32.30% from 39.81% in November 2021. Powered by Capital Market – Live […]

On 02 February 2022

Jindal Steel & Power Ltd is quoting at Rs 418.95, up 1.39% on the day as on 12:54 IST on the NSE. The stock is up 40.12% in last one year as compared to a 26.24% spurt in NIFTY and a 70.21% spurt in the Nifty Metal index.