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Average daily turnover for currency futures and options, including notional turnover for currency options, on the country's largest stock exchange was at 20,646.06 crore in April, registering a decline of 87% from 1.56 lakh crore in March, exchange data showed.
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News and Media
This marked a 25% increase compared to December turnover, contrasting with a 7% growth in Nifty futures turnover on the NSE during the same period.
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News and Media
Regulator-market discord on rate transmission persists. Fresh term deposits show full 2.5% repo rate hike. Interest margins squeezed, WADTDR at 6.62% in March. WALR for commercial banks at 9.37%.
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News and Media
India has a hydropower potential of 250 GW of which only 21% is tapped. Since hydropower has one of the lowest greenhouse emissions, it is a preferred source of renewable energy. Despite that, the addition to hydropower capacity in the country was dismal due to long delay in environmental clearance and long gestation period in the construction of power plants accompanied by cost overruns.
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News and Media
Ambuja Cements consolidated net profit for the March quarter nearly doubled on year to Rs 1,526 crore aided by a robust volume growth and cost reduction.
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News and Media
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