News Overview

FICCIs latest quarterly survey on Manufacturing sector reveals that momentum of growth continued in subsequent quarters of Q-4 (Jan-Mar 2021-22) and Q-1 April-June (2022-23) and there seems to be an improvement in hiring/employment outlook after a long gap. The survey noted that 54.8% respondents reported higher production levels in Q-1 (April- June 2022-23), with an average expectation of increase in production by over 10%. The […]

The company has agreed to issue up to 63,10,680 equity shares with a face value of Rs1 each of the company to Smiti Holding and Trading Company Private Limited.

SPS Finquest Ltd, Indian Card Clothing Company Ltd, Omaxe Ltd and IRIS Business Services Ltd are among the other gainers in the BSEs B group today, 20 June 2022.

Ever wondered who all are part of the Monetary Policy Committee and what is its mandate? Check out.

On 23 June 2022

The downgrade follows a similar rating action on SIPL’s parent, SEL.

New Zealand BusinessNZ Performance of Services Index rose from 52.2 to 55.2 in May. Activity/sales rose sharply from 53.3 to 59.6. But employment dropped from 51.0 to 48.5. New orders/business rose from 55.2 to 62.0. Stocks/inventories ticked down from 55.0 to 54.6. Supplier deliveries rose from 40.5 to 45.0.Powered by Commodity Insights

LME Copper inventories yet again drifted lower to the seven month low mark. The stockpiles fell nearly 3000 tonnes on the exchange to 118025 tonnes. There was a pullback from around 117000 mark few days back but with the latest rise, the inventories are back on a downward slope.Powered by Commodity Insights

During the week of June 10 to 17, 2022, startups raised a total of $421 million.

Global Grains Export Quotes Quotes as on 16 June 2022, annual change in percent WHEAT US – HRW (Gulf) $481,70, EU France Grade 1 (Rouen) $429, 68 MAIZE (CORN) US – 3YC (Gulf) $353, 18 BARLEY EU – France (Rouen) $373, 49 SOYABEANS US – No.2 (Gulf) $676, 20, Argentina (Up River) $656, 26 RICE Thailand 5% Broken $427, -3Powered by Commodity Insights