Month: April 2023

The rupee depreciated 6 paise to 82.01 against the US dollar in early trade on Wednesday, weighed down by foreign fund outflows and a negative trend in domestic equities. At … Read More

The buyback of debt securities by Adani Ports and Special Economic Zone has eased refinancing risk and the company will have “adequate liquidity” over the next 12 months, according to … Read More

The rupee traded in a narrow range and settled on a flat note at 81.92 (provisional) against the US dollar amid rising crude oil prices and foreign fund outflows. At … Read More

Equity benchmarks Sensex and Nifty closed higher for the second straight session on Tuesday, helped by buying in power and utility stocks amid positive quarterly numbers announced by heavyweight companies. … Read More

Generating biofuel was a need of the hour. Increasing pollution and rising gasoline prices warranted the need for alternative fuels. That is why, the blending of ethanol with motor spirit … Read More

India is exploring the possibility of opening a logistics hub for Indian companies in Panama, External Affairs Minister S Jaishankar has said, asserting that the country’s trade with Latin America … Read More

 FMCG (Fast-moving consumer goods) major Nestle India Ltd on Tuesday reported an increase of 24.69 per cent in its net profit at Rs 736.64 crore for the first quarter ending … Read More

The rupee was trading in a narrow range against the US dollar in the morning session on Tuesday amid a weak American currency and a muted trend in domestic equities. … Read More

Domestic equity markets witnessed volatile trading in the morning session on Tuesday, with Sensex and Nifty trading flat as investors await corporate results to assess demand scenario in the economy. … Read More

 The Serum Institute of Life Sciences will double its investment in one of Biocon Ltd’s units, giving it access to 100 million doses of vaccines annually along with the distribution … Read More