Market News
Stay updated with the latest market trends, earnings, and economic indicators.
MPC holds rate unchanged but stays vigilant for greater clarity to emerge as risks of higher inflation amplify: RBI
RBI noted in its MPC policy that there are considerable risks to the MPCs baseline assessment of inflation and growth due to the uncertainty about the duration and intensity of the conflict, magnitude of its spillover effects and the pace of restoration of supply chains. Additionally, the food outlook remains uncertain on account of the subnormal south-west monsoon forecast and El Ni. Although risks of higher inflation have amplified, the MPC felt it would be prudent to wait for greater clarity to emerge. Accordingly, the MPC voted to keep the policy rate unchanged. At the same time, the MPC will continue to remain data-dependent and closely monitor the developments, including supply side pressures getting embedded in the general price level and inflation expectations.
Southwest Monsoon has set in over Kerala, says IMD
Powered by Capital Market - Live News
South West Pinnacle Exploration rises after securing 3-year services contract from Oil India
South West Pinnacle Exploration added 2.94% to Rs 270 after the company said that it has been empanelled by Oil India for providing 2D/3D seismic data acquisition services across OIL's onshore acreages in India.
Southwest Monsoon Likely To Set In Over Kerala During Next 24 Hours, Conditions Favourable: IMD
Southwest monsoon
Monsoon To Arrive In Kerala In Two Days: IMD
The southwest monsoon is expected to arrive in Kerala in the next two to three days.
Suraj Estate acquires development rights for Mahim land parcel, eyes Rs 800 cr GDV
Suraj Estate Developers is set to acquire development rights for a 0.72-acre land parcel in Mahim (West), Mumbai, for Rs 75 crore. This strategic acquisition is expected to boost the company's commercial footprint in South Central Mumbai, adding approximately 1.50 lakh sq ft of saleable area with an estimated gross development value of Rs 800 crore.
Indian may see 90% of long period average rainfall this monsoon: IMD
The Southwest monsoon seasonal rainfall over India is expected to be 90 per cent of the long period average this year, the India Meteorological Department said on Friday. While the Northeast is likely to witness normal rainfall this monsoon season, the remaining parts of the country may see below normal rainfall, the weather office said. The India Meteorological Department made the observations in its second forecast for the Southwest monsoon.
Southwest Monsoon Further Advances Over Lakshadweep Area, Arabian Sea And Bay Of Bengal
Historically, the monsoon arrives over Kerala around June 1.
Warning signs from India's bond market and why they're miffed
Since the start of the West Asia crisis, 10Y sovereign yields have risen by more than 50 bps across several advanced and emerging markets, including Japan, UK, US, Canada, Italy, Spain and South Korea
Southwest Airlines to expand India global centre to 1,000 employees, executive says
The U.S. airline, which opened its Global Innovation Center in India's Hyderabad city on Wednesday, has already hired more than a dozen employees and intends to scale up to 200 employees in the near term, Krishna Kallepalli, Vice President and Global Head of Innovation (India) at Southwest Airlines, said in an interview.
Southwest Airlines opens first overseas innovation centre in Hyderabad, to hire 1,000
Southwest Airlines has launched its Hyderabad Office, a Global Innovation Centre. This marks a significant expansion of its global business and technology operations. The centre will enhance reliable, secure, and efficient airline operations. It will develop next-generation solutions in artificial intelligence and data. Hyderabad's role in shaping future mobility and technology is highlighted.
IMD: Southwest Monsoon Advances Early Into Arabian Sea, Bay of Bengal, Andaman & Nicobar On May 16
According to the IMD, the monsoon advanced into these regions on May 16, nearly six days ahead of its normal schedule.