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CARE Rating allots 16,834 equity shares under ESOS

Mumbai, Jan. 9 -- CARE Rating has allotted 16,834 equity shares under ESOS on 09 January 2025. The paid-up share capital of the company will accordingly increase from Rs. 30,02,50,290/- consisting of ... Read More


Robust economic performance in India expected to provide support to INR in the near term: UN report

Mumbai, Jan. 9 -- The Indian rupee stabilized against the United States dollar in the first half of the year, supported by broad dollar weakness, the United Nations noted in its World Economic Situati... Read More


Global financial conditions eased in 2025, similar trends expected to prevail this year

Mumbai, Jan. 9 -- World Economic Situation and Prospects 2026 update from United Nations has stated that global financial conditions have eased over the course of 2025, supported by monetary policy ea... Read More


Tata Power commissions 400 / 220 kV TP Jalpura Khurja Transmission line and substation

Mumbai, Jan. 9 -- Tata Power Company (Tata Power) has successfully commissioned the 400 / 220 kV Metro Depot Substation and associated transmission lines, a critical linear infrastructure project, tha... Read More


BHEL spurts after order win

Mumbai, Jan. 9 -- BHEL said it has received a letter of acceptance from Bharat Coal Gasification and Chemicals for setting up a coal gasification and raw syngas cleaning plant under the LSTK-1 package... Read More


Power Mech gains after securing Rs 3,126-cr WBSEDCL BESS order

Mumbai, Jan. 9 -- The order entails setting up a 250 MW / 1,000 MWh standalone Battery Energy Storage System (BESS) at Goaltore, Paschim Medinipur, West Bengal. The project covers design, financing, e... Read More


Sensex, Nifty pare losses; realty shares decline for 4th day in row

Mumbai, Jan. 9 -- The key equity benchmarks recovered from early losses to trade marginally higher, despite persistent foreign fund outflows and renewed concerns over potential U.S. tariff hikes. The... Read More


Economic Buzz: World output projected to expand at 2.7% in 2026, inflation to fall to 3.1% in 2026 from 3.4% in 2025

Mumbai, Jan. 9 -- World Economic Situation and Prospects 2026 update from United Nations stated that global growth is slowing and remains uneven across regions. World output is projected to slow to 2.... Read More


India to Lead Global Growth at 6.6% in 2026 Despite Tough Global Headwinds, UN Report

Mumbai, Jan. 9 -- India is projected to grow at 6.6 per cent in 2026, registering an "exceptionally high growth in a challenging global environment", with resilient private consumption and strong publ... Read More


Commodities Buzz: LME Lead inventories slide to two-month low

Mumbai, Jan. 9 -- The LME Lead inventories fell yesterday, adding to recent declines. The stockpiles on the exchange dipped 2925 tonnes to 230425 tonnes, sliding to around two-month low. Published by... Read More