Month: June 2021

Fuel and power inflation nearly quadrupled to 37.6% from the 9.75% recorded in March this year, The Hindu – Economy

Gold prices hit a more than one-week low on Monday, dragged down by a stronger dollar, while cautious investors awaited the outcome of the U.S. Federal Reserve policy meeting. NDTV … Read More

Low base effect also contributed to the spike in WPI inflation in May 2021. In May 2020, WPI inflation was at (-) 3.37 per cent. NDTV Profit – Latest

DLF reported net profit of Rs 481 crore in January-March period compared with a loss of Rs 1,858 crore during the same period last year. NDTV Profit – Latest

Sona Comstar’s offer will consist of a fresh issue of Rs 300 crore and an offer for sale of up to Rs 5,250 crore by Singapore VII Topco III Pte … Read More

Shyam Metalics’ IPO consists of a fresh issue of shares amounting to Rs 657 crore and an offer-for-sale by existing shareholders, worth Rs 450 crore NDTV Profit – Latest

The National Securities Depository reportedly froze the accounts of three foreign funds, which have a total investment of Rs 435 billion in Adani group companies NDTV Profit – Latest

The RBI has chosen to look through a recent surge in inflation because it was supply-side driven, and will only turn persistent when demand kicks in, Deputy Governor Michael Patra … Read More

Asian markets were higher, with multiple major markets in the region closed for holidays. In Japan, Nikkei 225 rose 0.45 per cent and Topix index gained 0.25 per cent NDTV … Read More

BHEL’s consolidated loss in the March quarter narrowed to Rs 1,034.8 crore from Rs 1,532.67 crore in the same quarter last year NDTV Profit – Latest