News Overview

The agreements involve a 200 MW solar project in Punjab and a larger 1,000 MW solar project anywhere in India

The month of July 2023 marked the fourth consecutive month that the WPI inflation has been in the negative.

The net profit was mostly in line, although revenue fell short of street estimates.

Markets were also under pressure from a suggestion that the ratings agency Fitch would downgrade several banks.

For the month of July 2023, the merchandise trade deficit (physical goods) widened very marginally from $20.13 billion to $20/67 billion; you can almost say it was flat.

Retail sales in the United States rose more than anticipated in July, showing that the economy kept growing early in the third quarter while avoiding a recession.

Things have changed very drastically on the inflation front in the last two months.

SBFC Finance primarily concentrates on the MSME loans segment, which contributes over 80% to its total revenue, and gold loans, constituting 17% of the revenue.

Crude prices spike, bond yields flat for the week.

The Association of Mutual Funds of India (AMFI), releases key trends in mutual funds based on industry level data each month.