News Overview

The Indian rupee is seen extending weakness on Thursday ahead of RBI rate decision due tomorrow. The Reserve Bank of Indias rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy. The Monetary Policy Committee is scheduled to announce its decision on August 5. While a 25 bps hike is ruled out, market opinions are reportedly split between a 35 bps […]

Som Distilleries & Breweries Ltd is an India-based company, which is engaged in the manufacture and sale of beer and Indian-made foreign liquor (IMFL).

The accepted Bid Project Cost for the said project is Rs208.89 crore.

The company is having a wide customer base, which offers substantial base to market its products.

Ranjit Rath, a geoscientist with impeccable experience and expertise of more than 25 years in the field of geosciences.

The newly incorporated subsidiary ATSTL is yet to commence its business operations.

Copper prices are extending decline for the fourth straight day on Thursday despite a continued fall in copper inventories. US-China geo-political tensions also kept a lid on riskier assets since last couple of days. COMEX copper futures are trading lower by 0.50% at $3.46 per pound. Meanwhile, US business activity declines for first time in over two years amid. US S&P Global Services PMI for […]

Gold is seen recovering is early Asia on Thursday, tracking a pause in dollar rally. The dollar index that measures the greenback against a basket of currencies is giving back previous day gain and currently down 0.09% at 106.28. The greenback surged in the last two days amid US-China geopolitical tensions and after hawkish comments from Federal Reserve members of sharper interest rate hikes this […]

Sales rise 4.94% to Rs 135.13 crore

Crude oil prices are only marginally higher following a big slump in the previous session as demand concerns surge amid recession fears and tightening policy by central bankers. Notable increase in crude oil and gasoline inventories are signaling further weakening US fuel demand. Oil prices fell yesterday after the Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the […]