News Overview

As is the norm, the publication of the minutes of the Fed meeting has been followed up by the Senate testimony of Jerome Powell, Chairperson of the Fed. This policy had set the tone for rapid tapering, early rate hikes and possibly even a winding down of the balance sheet of the Fed.

The Central Government has secured the approval of the United States Department of Agriculture (USDA) for export of Indian mangoes to USA in the new season. The export of Indian mangoes has been restricted by the USA since 2020 as USDA inspectors were unable to visit India for inspection of irradiation facility due restrictions imposed on international travel because of Covid-19 pandemic. Recently, in pursuant […]

Benchmark indices ended with decent gains on Wednesday, extending their winning run to fourth consecutive session. The Nifty closed above the crucial 18,200 mark. Barring pharmaceutical and healthcare stocks, buying demand was seen across the board. As per the provisional closing data, the barometer index, the S&P BSE Sensex, advanced 533.15 points or 0.88% at 61,150.27. The Nifty 50 index gained 156.30 points or 0.87% […]

Tata Consumer Products announced the appointment of Gharry Eccles as President of International Business effective from 17 January 2022.

The rating on term loans has been reaffirmed at ICRA BBB+; outlook changed to Positive from Stable.

Kolte-Patil Developers rose 2.35% to Rs 333.65 after the real estate companys sales volume increased by 56% to 0.86 million sq. ft. in Q3 FY22 from 0.55 million sq. ft. in Q3 FY21.

As the domestic prices are governed by the international price trends, the prices of edible oils in the country have been ruling very high for the past one year.

EVs (4W and 3W) from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, Jaguar and Piaggio on offer.

At meeting held on 12 January 2022

As per estimates received from the exporters, the export of mangoes in 2022, may surpass the figures of 2019-20.