News Overview

Business Wire India Ares Management Corporation (“Ares”) announced today that Henry Lee has joined Ares Wealth Management Solutions (“AWMS”) to lead its Asia efforts as part of the Firm’s commitment to build out dedicated wealth management teams that cater to the growing retail opportunity in this region.   Mr. Lee is joining as a Partner in the Hong Kong office and will report to Raj […]

The Indian Rupee gained a little today after RBI continued with its interest rate hike mandate. The RBI Monetary Policy Committee (MPC) decided to Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.65 per cent and the marginal standing facility (MSF) […]

Ramkrishna Forgings said that the company has received an export order worth Rs 115 crore over a period of 4 years from a European Tier-1 supplier for a new differential housing case business.

Nifty Bank advanced 0.92% post the rate hike by RBI.

South Koreas gross domestic product was up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2022, according to the Bank of Korea. That was down from 0.7 percent in the initial estimate following the 1.2 percent increase in the three months prior. On an annualized basis, GDP was up 3.0 percent on year – also revised down from the original call […]

South Koreas gross domestic product was up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2022, according to the Bank of Korea. That was down from 0.7 percent in the initial estimate following the 1.2 percent increase in the three months prior. On an annualized basis, GDP was up 3.0 percent on year – also revised down from the original call […]

South Koreas gross domestic product was up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2022, according to the Bank of Korea. That was down from 0.7 percent in the initial estimate following the 1.2 percent increase in the three months prior. On an annualized basis, GDP was up 3.0 percent on year – also revised down from the original call […]

South Koreas gross domestic product was up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2022, according to the Bank of Korea. That was down from 0.7 percent in the initial estimate following the 1.2 percent increase in the three months prior. On an annualized basis, GDP was up 3.0 percent on year – also revised down from the original call […]

The World Bank has trimmed its growth forecast for India for the current financial year to 7.5%, marking a 1.2 percentage points cut down from its previous forecast of 8.7%. World Bank said it cut Indias GDP growth forecast due to rising inflation, supply chain disruptions, and geopolitical tensions. The bank now sees Indias growth slowing further to 7.1% in FY24. This is 30 basis […]

Mangalore Refinery & Petrochemicals (MRPL) jumped 11.31% to Rs 120.60, extending rise to fourth consecutive trading session.