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Business

Rupee gains 12 paise to close at 78.94 against US dollar

67% Left coverage: 3 sources
At the interbank forex market, the local unit opened at 78.99 against the greenback and fell to an intra-day low of 79.12.See the Story
Business

Crisil cuts FY23 GDP growth estimate to 7.3%

75% Right coverage: 4 sources
Domestic rating agency Crisil on Friday lowered its real GDP growth forecast for India to 7.3 per cent in FY23 from 7.8 per cent estimated earlier. It attributed the downward revision to higher oil prices, slowing of export demand and high inflation. This is in line with the RBI's estimate of 7.2 real GDP Growth for this fiscal year.See the Story
Business

Toyota Kirloskar Motor posts 87% growth in June, sells 16,500 cars

67% Right coverage: 3 sources
MG Motor India on Friday reported a 27 per cent growth in retail sales at 4,503 units in June. The company had clocked retail sales of 3,558 units in the same month last year. Flagship brands, Hector SUV, electric SUV ZS EV continue to witness strong interest amongst buyers.See the Story
Business

Reliance, Bharti Airtel, HUL, SBI Card, UPL, Lupin, SAIL, Maruti Suzuki stocks in focus on 1 July 2022

75% Right coverage: 4 sources
Indian equity markets are likely to open gap-down amid unsupportive global cues. Ahead of the session, SGX Nifty Futures quoted 15,715 levels, signaling a cut of over 50-odd points on the NSE Nifty 50See the Story
Vaccinations · India

India Covid Cases News: India reports 17,070 Covid cases and 23 deaths in last 24 hours

100% Right coverage: 1 sources
India reported 17,070 Covid cases in a span of 24 hours, a marginal decline from the previous day's count of 18,819. In the same period, the country reported 23 more Covid deaths, taking the nationwide toll to 5,25,139. India's recovery rate stands at 98.55 per cent.See the Story
Business · India

Skoda India sells 6,023 cars in June 2022: Highest-ever monthly sales

Coverage: 2 sources
Kia India Pvt. Ltd. recorded its highest ever monthly sales in June 2022 as dispatches to dealership rose 60% year-on-year to 24,024 units. Indian subsidiary of the South Korean carmaker has crossed the one-lakh sales mark in the first six months of the year, dispatching 1,21,808 units in the domestic market.See the Story
Business

Reliance Industries stock tumbles nearly 9% on ‘export tax’

100% Right coverage: 1 sources
Shares of Reliance Industries fell 8.65 per cent to Rs 2,369.45 apiece on the BSE. It was the biggest drag among the Sensex firms in morning trade. The BSE benchmark Sensex was trading 551.93 points lower at 52,467.01.See the Story
Business · India

India's power consumption grows 17.2% to 134.13 billion units in June

100% Right coverage: 1 sources
India's power consumption grew by 17.2% over the year ago to 134.12 billion units in June. The peak power demand, or highest supply in a day, hit an all-time high of 209.80 gigawatts on June 8. The June 2022 figures are the highest for the month in at least three years.See the Story

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