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The U.S. dollar index, which gauges the currency against six major peers including the yen, was 0.05% higher at 106.50, after rebounding 1% overnight following its slide to a nearly one-month low at 105.03.

Adani Group stocks, Godrej CP, IndiGo, PI Industries, Gujarat Gas, Vodafone Idea, Lupin, Aditya Birla Capital, Devyani International and BASF India are among the companies that will announce their earnings for the quarter ended June 2022.

Adani Green Q1 profit drops 2%, revenue up 67%

Updated at : 2022-08-03 08:40:03

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​​​​During the quarter, the company received an investment of $500 mn from Abu Dhabi based International Holding Company PJSC as primary capital in AGEL. This, the company said, will help deleverage the balance sheet, strengthen the credit rating profile thereby helping reduce the cost of capital and support future growth.

A trio of Fed policymakers signalled on Tuesday that there would be no let up in the tightening campaign aimed at taming the highest inflation since the 1980s, even though it will take rates to a level that will more significantly curb economic activity.

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Documents and digital data seized during the raids showed that the group had been engaged in “large-scale” tax evasion by adopting various methods, including by way of “unaccounted” cash sales outside the books of account, booking of bogus purchases and cash receipts from real estate transactions, CBDT said.

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The index stood at 53.9 in March last year. It was at 43.4 for the period ending March 2017, showing rapid improvement in reach of financial services over the past five years.

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Both tranches were sold against upfront cash payments in the first quarter of this year. VSJ Investments won both the portfolios at an uncontested Swiss challenge auction, the people cited above said. Under Swiss auction, the VSJ Investments offer would be the anchor offer and it would have first right to match any counter bid that Piramal would have received.

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Millers across the country have said there is a sharp rise in prices in the past 2 weeks. The price of milling wheat in Mumbai has increased by ₹2.5-3/kg during the past 10-15 days touching ₹26/kg. Sanjay Jain Paharia, a wheat exporter from North India, said wheat prices have increased by ₹2/kg to hit ₹25/kg at Kandla.

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There are two kinds of failures on UPI payments - technical decline and business decline. While technical decline is caused due to issues with bank or NPCI systems, business declines are caused due to reasons pertaining to customers such as incorrect passcode entry or transactions beyond stipulated limits.

Ruchit Jain, Lead Research, 5paisa.com, said the immediate support for Nifty is placed around 17,200 below which the index could test 17,000 level. On the flipside, 17,350-17,400 is the immediate resistance zone.Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said the overall chart pattern of the Nifty .

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