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High-frequency indicators for November point to robust industrial activity

Mumbai, Dec. 23 -- Reserve Bank of India (RBI) has stated in its latest monthly update that the high-frequency indicators for November point to robust industrial activity. Steel output grew strongly, ... Read More


Shakti Pumps gains after bagging Rs 357-cr order from MSEDCL for solar water pumps

Mumbai, Dec. 23 -- According to an exchange filing, the order involves the supply of 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of capacities 3 HP, 5 HP and 7.5 HP across the ... Read More


Agri Buzz: High frequency food price data shows pick up in cereal prices, gram prices moderate

Mumbai, Dec. 23 -- Reserve Bank of India (RBI) has stated in its latest monthly update that high-frequency food price data for December so far (up to 19 th) point to a pick-up in cereal prices. Among ... Read More


INR remains stable in real effective terms, says RBI

Mumbai, Dec. 23 -- Reserve Bank of India (RBI) has stated in its latest monthly update that the Indian rupee (INR) depreciated against the US dollar in November, pressured by the strengthening of the ... Read More


Biocon arm secures global rights for Hulio from Fujifilm Kyowa Kirin Biologics Co

Mumbai, Dec. 23 -- According to an exchange filing, under this new agreement, Biocon Biologics will assume end-to-end responsibility for manufacturing and commercialization along with rights for any a... Read More


GMR Power rises after subsidiary refinances Rs 2,700 crore debt

Mumbai, Dec. 23 -- GMR Power and Urban Infra said GMR Kamalanga Energy (GKEL) has refinanced its outstanding debt of Rs 2,700 crore through a senior loan facility of the same amount. The refinancing e... Read More


India's financial stability parameters remained robust, says RBI Governor

Mumbai, Dec. 23 -- The RBI Governor, Sanjay Malhotra, in his statement published in the monthly Bulletin for December 2025 talked about the financial stability of the country being robust. The system... Read More


RITES gains after winning $35.2 mn international locomotive contract

Mumbai, Dec. 23 -- The contract is expected to be executed over 18 months. The order has been awarded by an international entity, with no involvement of promoters or group companies in the contracting... Read More


Sunita Tools climbs after MoU with Middle East partner for defence order facilitation

Mumbai, Dec. 23 -- The MoU is aimed at facilitating paperwork and execution-related formalities for a proposed M107 defence order from a Middle Eastern customer. Under the arrangement, the partner co... Read More


INR softens marginally, firm local equities can cap losses

Mumbai, Dec. 23 -- Indian Rupee eased a bit after hitting one and half week high against the US dollar as overall undertone remained choppy ahead of the year-end. However, the US dollar index has slum... Read More