News Overview

Manufactures and exports packaging equipment (plastic bags, pouch-making machines etc.).

Proceeds from the fresh issue, amounting to ₹625 Crore, will primarily bolster the company's capital base to enhance solvency levels.

This partnership aims to offer personalized and efficient financial solutions to their customers.

FPIs net bought $1.72 Billion this week, taking the equity infusion over last 3 weeks to $4.96 Billion

Lower GDP and lower PCE inflation; make a case for up to 2 rate cuts in year 2024

Godrej Properties has a seven-month project inventory and plans to launch projects worth ₹30,000 Crore in its core regions this fiscal year.

Lower core inflation helped the headline PCE inflation edge lower, but last mile remains tough

The spot gold price remained barely changed at $2,323.74 per ounce. Prices rose by more than 4% in the second quarter. Gold futures fell 0.3% to $2,333.

Brent crude prices increased 16 cents, or 0.2%, to $85.16 per barrel at 0032 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or 0.2%, to $81.71 per barrel.

During this period, clients/members can only reduce their positions in the derivative contracts of these securities through offsetting trades.