News Overview

The stake sale led to a 3.62 % drop in Sula Vineyards' shares

Leveraging on its domain expertise and cost effective technology led solutions, Kfintech is now targeting the alternatives space, pensions, fund administration and is also rapidly expanding its RTA operations in South East Asia (SEA).

The NCLT judgment that rejected a request to begin insolvency proceedings against the media giant on May 19 has been contested by the private lender.

The price of West Texas Intermediate crude (WTI), a major benchmark, increased by 7 cents, or 0.1%, to $83.70 per barrel in early Asian trading

Within industry, Mfg. showed a marginal pick-up but was still tepid at 4.7% YoY. Construction came in strongly at 8% compared to 10% in Q4, and Services showed broad-based acceleration rising to 10% vs 7% in Q4.

After prices reached one-month highs on Wednesday, spot gold increased 0.2% to $1,942.56 per ounce

The U.S. dollar index, which compares the value of the dollar to a basket of six developed-market currencies such as the euro, sterling, and yen, decreased 0.05% on Friday to 103.58

Sensex and Nifty, Indian benchmark equity indices, show positive pre-opening session trends

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify the portfolio across market cap should invest in WhiteOak Capital Multi Cap Fund.

If the GDP growth for FY23 at 7.2% was impressive, then the GDP growth estimate for Q1-FY24 has come in still higher at 7.8%.