News Overview

Edelweiss Financial Services announced that the Issue of Secured Redeemable Non-Convertible Debentures (NCDs) has been successfully completed and the company has allotted 45,62,472 NCDs of the face value of Rs. 1,000 each, amounting to Rs 456.24 crore. EFSL had decided to do an early closure of the Issue on 22 December 2021 against the scheduled closure on 27 December 2021. The Issue has seen a […]

If you consider the core sector number for Nov-21 and compare it with Nov-19, then the core sector is actually up 1.97% indicating that COVID impact on growth may have been neutralized.

Revival in the Indian rupee is likely to persist through the beginning of the New Year 2022 on Monday, 03 January 2022 amid faith in the Indian markets by foreign investors. Easing crude oil prices could support although gains in the dollar over the weekend could limit gains in the local unit. The rupee rose by 13 paise to close at 74.29 against the US […]

TVS Motor Company said that it had registered sales of 250,933 units in December 2021, which is lower by 8% as compared with sales of 272,084 units in the month of December 2020.

Maruti Suzuki India recorded total sales of 1,53,149 units in December 2021, down 4% as against 1,60,226 units sold in December 2020. Tata Motors said that its sales in the domestic & international market in Q3 FY22 stood at 1,99,633 vehicles, up 26% as against 1,58,218 units in Q3 FY21. Mahindra & Mahindras overall auto sales for the month of December 2021 stood at 39,157 […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 26 points at the opening bell. The gross GST (Goods and Services Tax) revenue collected in December 2021 stood at Rs 1,29,780 crore, which is slightly lower than the revenue collected in November. The gross GST collection in November stood at Rs 1.31 lakh crore. Global […]

Philippines manufacturing sector continued to expand in December with a manufacturing PMI score of 51.8, the latest survey from Markit Economics revealed on Monday. Thats up from 51.7 in November and it moved further above the boom-or-bust line of 50 that separates expansion from contraction. Although only modest, the latest uptick was the strongest in nine months, and broadly in line with the long-run series […]

South Korea manufacturing sector continued to expand in December with a manufacturing PMI score of 51.9, the latest survey from Markit Economics revealed on Monday. Thats up from 50.9 and it moved further above the boom-or-bust line of 50 that separates expansion from contraction. New orders – which has the largest weighting in the PMI – increased during December at the fastest rate in three […]

The former highest monthly transactions 1.68 Cr was achieved in Nov’21.

Singapores gross domestic product expanded a seasonally adjusted 2.6 percent on quarter in the fourth quarter of 2021, the Ministry of Trade and Industry said on Monday, following the 1.2 percent increase in the previous three months. On an annualized yearly basis, GDP jumped 5.9 percent, slowing from 7.1 percent in the third quarter. For all of 2021, GDP jumped 7.2 percent after shrinking 5.4 […]