News Overview

The frontline equity indices reversed from the days high and were hovering near the flat line in the mid-morning trade. Oil & gas, pharma and healthcare shares advanced while metals, realty and PSU banks stocks were under pressure. The Nifty slipped a tad below the 16,350 level, after hitting days high of 16,393.85. Trading was volatile due to expiry of weekly index options on the […]

The audio streaming service had its first investor day since going public in 2018, trying to pique Wall Street's interest despite the global economic slowdown.

Official data showed that Chinas exports logged a double-digit growth in May as operations resumed in the Shanghai port after coronavirus-linked lockdowns. Exports advanced 16.9 percent from a year ago, following a 3.9 percent rise in April, the General Administration of Customs said. At the same time, imports grew 4.1 percent annually after remaining flat in the previous month. As a result, the trade surplus […]

Vedanta Ltd announced on Wednesday night that it has offered a 5.77%ownership in Hindustan Zinc Ltd in exchange for Rs8,000 crore term loan.

Biocon advanced 3.74% to Rs 332.55, extending gains for second day.

By entering into renewable energy sector Evexia Lifecare Limited has expanded its business horizon.

ALCO has revised the Repo Benchmark Rate from existing 4.40% to 4.90%.

CRISIL has reviewed total bank facilities worth Rs2,500 crore of the company.

The Organisation for Economic Cooperation and Development (OECD) sharply slashed the growth for India to 6.9% growth in FY23 from 8.1% estimated earlier and to 6.2 percent in 2023. This is below the Reserve Bank of Indias estimate of a 7.2% rise. Indias Gross domestic product (GDP) grew 8.7% in 2021-22, making it the fastest-growing major economy in the world. The RBI on Wednesday hiked […]

The project will produce over 800GWh of clean energy annually and will help avoid up to 600,000 tons of annual CO2 emissions.