News Overview

UK construction companies signalled a renewed slowdown in business activity growth during November, reflecting subdued demand and reduced risk appetite among clients. A number of survey respondents noted that higher borrowing costs and worries about the economic outlook had curtailed construction activity. At 50.4 in November, the headline seasonally adjusted S&P Global / CIPS UK Construction Purchasing Managers Index (PMI) – which measures month-on-month changes […]

Nifty IT index closed down 1.45% at 30443 today. The index has added 6.00% over last one month. Among the constituents, LTI Mindtree Ltd fell 3.21%, Persistent Systems Ltd dropped 3.01% and Coforge Ltd shed 2.67%. The Nifty IT index has decreased 13.00% over last one year compared to the 10.23% spike in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index increased […]

Since India's Insolvency & Bankruptcy Code (IBC) was implemented in 2016; 25,225 cases involving a total of Rs 10.5 Trillion have been disposed of under its Sections 7, 9 and 10, as per a joint report published by property consultants ANAROCK and leading law firm, Khaitan & Co.

COMEX Gold futures slumped yesterday as a recovery in the US dollar and a tumble in crude oil prices led to a sharp slide in the metal. Traders booked profits after the commodity hit a five month high of $1822 per ounce. The metal lost nearly $40 per ounce and currently trades flat at $1784 per ounce. This was primarily led by a surge in […]

Nifty 50 down by 58.30 points; Sensex down by 208.24 points.

Canara Bank announced that the Marginal Cost of Funds Based Lending Rate (MCLR) of the bank with effect from 07 December 2022 shall be as under: Overnight – 7.30% One month – 7.30% Three month – 7.60% Six month – 8.05% One year – 8.15% Powered by Capital Market – Live News

The key equity barometers ended with limited losses after a volatile session on Tuesday. The Nifty ended tad below the 18,650 mark. PSU bank, oil & gas and FMCG stocks edged higher while IT, media, metal and pharma shares witnessed selling pressure. As per provisional closing data, the barometer index, the S&P BSE Sensex, fell 208.24 points or 0.33% to 62,626.36. The Nifty 50 index […]

Sula Vineyards business includes the sale of services from ownership and operation of wine tourism venues and production of wine.

Despite supply chain issues, Germanys manufacturing orders rebounded in October underpinned by robust foreign demand, data from Destatis revealed. Factory orders posted a monthly growth of 0.8 percent in October, in contrast to the revised 2.9 percent decrease in September. Excluding major orders, there was a decrease of 1.2 percent in manufacturing orders. The 1.9 percent decrease in domestic orders was offset by the 2.5 […]

The company received export orders aggregating to Rs29.26 crore.