News Overview

The Solvent Extractors Association of India has compiled the Import data of Vegetable Oils (edible & non-edible) for the month of June 2022. Import of vegetable oils during June 2022 is reported at 991,650 tons compared to 996,014 tons in June 2021, consisting 941,471 tons of edible oils and 50,179 tons of non-edible oils i.e. down by 0.44%. The overall import of vegetable oils during […]

The current market cap of the company is Rs228.65 crore.

LME Copper inventories fell in last session, easing from a four week high. The inventories dropped by 800 tonnes to 130795 tonnes to mark a two week low. The stockpiles had fallen near a seven week low before moving up though the latest drop indicates sustained demand for the metal stocked in exchange warehouses. Powered by Commodity Insights

Valiant Organics Ltd, Mahindra CIE Automotive Ltd, Garware Hi Tech Films Ltd and Schaeffler India Ltd are among the other gainers in the BSEs A group today, 14 July 2022.

The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing higher and more persistent inflation and the increased risk of those price gains becoming entrenched. The central bank, in a regular rate decision, raised its policy rate to 2.5% from 1.5%, and said more hikes would be needed. The Bank said it […]

Sales rise 28.37% to Rs 35.29 crore

Singapores gross domestic product was unchanged on a seasonally adjusted quarterly basis in the second quarter of 2022, according to the Ministry of Trade and Industry. On an annualized basis, GDP was up 4.8 percent – again missing forecasts for a gain of 5.2 percent but still up from 3.7 percent in the three months prior. The manufacturing sector expanded 8.0 percent on year in […]

The dollar index continues to stand tall, amid expectations of a more aggressive Federal Reserve rate hike after data revealed US annual inflation surged 9.1% in June 2022, hitting its highest level since 1981. Meanwhile, growing fears of a recession and safe haven flows have also contributed to dollar strength. According to media reports, Fed Bank of Atlanta President Raphael Bostic said ?everything is in […]

The present growth in cargo is supported by a 12% yoy jump in June 2022 at 31.88 MMT.

The consideration for such acquisition is payable in cash of BDT 60,00,00,000 (approx. Rs50.90 crore).