News Overview

On February 6, 2023, Cipla informed exchanges that I-T department officials had searched some of company offices and manufacturing units.

The authorised funding would go to the State Bank of India (SBI) and the National Bank for Agriculture and Rural Development (NABARD).

The manufacturer of Cinthol and Good Knight currently operates 36 factories, 14 of which are in India. It also invested ₹1,000 Crore in two manufacturing facilities in India last fiscal year.

Axis Finance, a subsidiary of Axis Bank, the country's third largest private sector lender, approached the tribunal after the firm failed to pay its bills.

The NSE indicated that derivative contracts in these securities have crossed 95% of the MWPL, resulting in their placement in the stock exchange's ban period.

The big difference came from the 270 bps fall in energy inflation in the US in the month of June 2024

The headline inflation for June came in higher than expected as food inflation felt the heat of delayed monsoons

Here are some of the stocks that may see significant price movement today: Asian Paints, LTIMindtree, L&T Finance, Zee Entertainment, etc.

Furthermore, logistics companies are seeking to decrease regulatory costs.

In a nutshell, we envisage that this budget is focused on agriculture, which will further lay the foundation for a strong, sustainable, and prosperous future for Indian farmers and the nation