Retail prices of pulses rose by more than 20 per cent during the January-June To prevent hoarding and check price rise, the Centre on Friday imposed stock limits on all pulses, except moong, held by wholesalers, retailers, importers and millers till October. The stock limits are imposed with immediate effect. …
Read More »Indian Railways Freight Loading Up 20.37% To 112.65 Million Tonnes In June
Indian Railways freight loading stood at 112.65 million tonnes in June Indian Railways’ freight loading increased 20.37 per cent to 112.65 million tonnes in June 2021, compared to 93.59 million tonnes recorded in the corresponding month last year, data from the railway ministry showed on Friday, July 2. Last month, the national …
Read More »HCL Registers Net Profit Of Rs 109.98 Crore In Fiscal 2021
Hindustan Copper Limited net profit for 2020-21 stood at Rs 109.98 crore Hindustan Copper Limited (HCL) announced its annual results for the financial year 2020-21, reporting a net profit of Rs 109.98 crore, compared to a loss of Rs 598.21 crore in the previous fiscal year 2019-20. The central public-sector …
Read More »Trade Deficit News: India Has Set Target Of $400 Billion Merchandise Export In 2021-22: Piyush Goyal
Trade Deficit: India recorded the highest ever exports in the first quarter India has set a target of USD 400 billion merchandise exports for 2021-22, Commerce and Industry Minister Piyush Goyal said on Friday. “In collaboration with private industry, MSME sector, engineering, agriculture, automobile, steel sector, we have set an …
Read More »Rupee Hits Record Low Of 74.87 Against Dollar, May Cross 75-Mark Soon
Rupee Vs Dollar Today: The rupee settled at 74.74 against the dollar Continuing its losing streak for the fourth straight session, the rupee fell 19 paise against the US dollar on Friday, July 2, to settle at 74.74 (provisional) amid a firm American currency and anticipation of a spike in crude …
Read More »At $95 Billion, Indian Reports Highest Ever Merchandise Exports In A Quarter, Trade Deficit At $9.4 Billion In June
Trade Deficit in June 2021: Trade deficit widened to $9.4 billion last month The country reported its highest-ever merchandise exports at $95 billion in the first quarter of the current fiscal year, government data showed on Friday, July 2. The exports recorded in the April-June quarter is 85 per cent higher …
Read More »Virat Kohli-Backed Startup Digit Insurance Valued At $3.5 Billion After Fresh Funding Round
Indian Cricket Team Captain (Men’s) Virat Kohli invested in Digit Insurance Startup Digit Insurance is now valued at $3.5 billion after raising $200 million from existing and new investors, in one of the biggest funding rounds in the insurance sector. The existing investor Faering Capital, along with new investors Sequoia Capital India, …
Read More »Crypto Exchange Binance Hit By Criminal Complaint From Thai Regulators
Trading volumes at the exchange in June were $662 billion Thailand’s financial watchdog filed a criminal complaint against cryptocurrency exchange Binance on Friday for operating a digital asset business without a licence, the latest in a string of crackdowns on the platform by regulators globally. Thailand’s Securities and Exchange Commission …
Read More »Lupin Gains Nearly 1% As Subsidiary Gets New Drug Approval
At 1:30 pm, Lupin shares were trading higher by 0.8 per cent at Rs 1,156 in a sideways market. Lupin shares edged higher by around half a per cent after its subsidiary received supplemental new drug application approval from the US regulator. The United States Food and Drug Administration (USFDA) …
Read More »Gold, Silver Prices Edge Higher; Gold Rises 0.4%
Spot gold rose 0.1 per cent to $1,778.26 per ounce. Gold, Silver Price Today: Gold and silver prices edged higher in domestic markets. Gold futures for delivery in August rose as much as 0.43 per cent or 198 points to Rs 47,237 per 10 grams. In spot market, fine gold …
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