News Overview

Bank of Maharashtra has reviewed the Marginal Cost of Funds based Lending Rate with effect from 08 April 2022 as under: Overnight – 6.70% One month – 6.80% Three month – 7.10% Six month – 7.15% One year – 7.25% Further, Repo Linked Lending Rate (RLLR) is kept unchanged at 6.80% p.a. Powered by Capital Market – Live News

Nifty Metal index ended up 2.07% at 6755.55 today. The index has gained 12.00% over last one month. Among the constituents, JSW Steel Ltd rose 3.92%, Adani Enterprises Ltd jumped 3.43% and Welspun Corp Ltd fell 3.26%. The Nifty Metal index has soared 50.00% over last one year compared to the 19.57% increase in benchmark Nifty 50 index. In other indices, Nifty FMCG index gained […]

Lacosamide injection is indicated for the prevention and control of seizures. It is an anticonvulsant / antiepileptic drug.

It is noteworthy that the India-Australia ECTA (Economic Cooperation and Trade Agreement) is a first trade agreement of India with a developed country after more than a decade.

The broader BSE Midcap and Smallcap indices rose in tandem with the frontline indices and closed 0.9 per cent higher each.

RBI noted today that since the MPCs meeting in February 2022, the global economic and financial environment has worsened with the escalation of geopolitical conflict and accompanying sanctions. Commodity prices have shot up substantially across the board amidst heightened volatility, with adverse fallouts on net commodity importers. Financial markets have exhibited increased volatility. Crude oil prices jumped to 14-year high in early March; despite some […]

New production facility will manufacture digital technologies for electrical distribution networks for Indian and global markets.

Equity indices snapped their three day losing streak and closed with strong gains on Friday. Barring IT index, all sectoral indices on the NSE ended in the green. Domestic sentiment was buyont after RBI kept repo rate unchanged. The Nifty scaled 17,800 mark but ended below that level. As per the provisional closing data, the barometer index, S&P BSE Sensex added 412.23 points or 0.7% […]

The 'RD' rating reflects the uncured default in meeting repayment obligations on the bulk of FRL's onshore debt that was restructured under the Indian central bank's August 2020 One Time Restructuring (OTR) framework

The MPC's revised GDP and inflation forecasts of 7.2% and 5.7%, respectively, for FY2023