Most of the risk of inflation appeared to emerge from the crisis due to the Ukraine-Russian war. Repo level – Rates at which RBI lent to banks – is 5.15 percent in February 2020 before Pandemic. With inflation seen as a “biggest threat” to the economy, the Reserve Bank of India (RBI) is considering reversing […]
Stocks to Watch Today: Vodafone Idea, Wipro, cipla, Adanzi Ports, PNB and Others
The market removes all its benefits in the last hour of trading and continues the downward trend for the third successive session on May 10, burdened by metals, technology shares and the heavyweight Reliance Industry Index. Weak Asian colleagues and Rupee depreciation are also sentiment dents. BSE Sensex fell 106 points to 54,365, while Nifty50 […]
Ambuja, ACC sale: UltraTech likely to bid, secures legal view
Armed with a beneficial legal opinion and priority regulations based on competition, Aditya Birla Group is likely to submit an offer for Indian Holcim’s assets -Buja Semen NSE -0.73 % and ACC NSE -1.36 % Ltd, said people who know . It is also ready to release voluntary assets of around 15 million tons per […]