News Overview

It is reiterated that banks are required to follow these instructions in letter and spirit, said Bank.

Oil producing countries cartel OPEC has noted in a latest update that world economic growth in 2022 remains broadly unchanged at 3.5%, following growth of 5.8% in 2021. US GDP growth for 2022 is revised down to 3.0% from 3.2%, after growth was reported at 5.7% for 2021. Euro-zone economic growth for 2022 is revised down to 3.0% from 3.1%, following growth of 5.4% in […]

The company has set a target to grow from 85 employees to 350 within the next 2 years.

After a series of raids conducted by the CBI investors lose faith in the company.

On 16 June 2022

Kirloskar Brothers Ltd, Black Box Ltd, Apar Industries Ltd and Jamna Auto Industries Ltd are among the other gainers in the BSEs A group today, 15 June 2022.

Gold prices were lifted from near one-month lows by weaker Treasury yields.

Cantabil Retail India said that ICRA had upgraded its long-term (LT) rating on the bank facilities of the company to

China industrial production logged a mild recovery in May and retail sales fell less than expected with the gradual relaxation of pandemic-related restrictions. According to the National Bureau of Statistics, industrial production rose 0.7 percent on a yearly basis in May, reversing the 2.9 percent fall in April. At the same time, the annual fall in retail sales slowed to 6.7 percent from 11.1 percent […]

Life Insurance Corporation of India (LIC) disclosed that it increased its stake in Hero MotoCorp to 11.256% from 9.163% and in Hindustan Unilever (HUL) to 5.008% from 4.995% earlier.