News Overview

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

According to a top company executive at an investor event in March, the mining giant has more than 50 active projects and expansions in its pipeline to fuel growth.

Powell restated that considering the strength of the economy and the recent high inflation readings, the U.S. central bank has time to carefully consider its first rate cut.

According to BSE data, at the end of day 2, QIB portion was subscribed 0.82 times. NII portion was subscribed 1.71 time and the retail category was subscribed 1.15 times.

Advanta Ent is owned 86.7% by UPL and 13.3% by private equity company KKR. In September 2023, KKR paid $300 million to purchase the shareholding.

About two months have passed since TAFE's Chairman and Managing Director, Mallika Srinivasan, announced her resignation. Mitra has now been appointed to the Swiggy board.

According to a NATO officer on Thursday, ongoing Ukrainian drone attacks on Russian refineries may have interrupted over 15% of Russian capacity, affecting the nation's gasoline output.

Although it is still near the 152 level, the yen rose to a two-week high versus the US dollar due to safe-haven bids and new cautions from Japanese officials.

The banned stocks include Hindustan Copper, SAIL, and ZEEL, which will remain unavailable for F&O trading, though they can still be traded in the cash market.

Chinese Shanghai Composite is trading 0.18% lower. Japan’s Nikkei 225 closed 2.42% down. Hong Kong’s Hang Seng index is down by 0.97%. South Korean Kospi index is down by 1.08%.