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At 76.3125/3500 per Dollar

Sales decline 9.76% to Rs 20.72 crore

The Bank of England on Thursday raised interest rates for the fourth time by 25 bps to 1.0%. According to the BoEs new Monetary Policy Report (MPR), inflation is seen peaking at an average of slightly above 10% in Q4 2022, an upwards revision from the March forecast for inflation to peak at around 8.0%. BoE expects the economy to stagnate in the second quarter […]

The Bank of England raised its key rate by a quarter-point as expected to its highest level since 2009 as policymakers try to combat rising inflation that is now expected to peak above 10 percent this year. Policymakers decided to raise the key interest rate, the bank rate, to 1.00 percent from 0.75 percent. Members voted for a fourth consecutive hike that took the rate […]

Sales rise 113.17% to Rs 161.07 crore

UK service sector expanded at a stronger pace in April although increased costs and the war in Ukraine combined to contain the pace of expansion, survey results from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply final services Purchasing Managers Index came in at 58.9 in April, which was above the flash score of 58.3 but down from 62.6 in March. […]

On 30 May 2022

Sales rise 34.10% to Rs 2000.12 crore

Sales rise 28.18% to Rs 225.23 crore

Sales rise 7.39% to Rs 6585.20 crore