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Growth in US manufacturing activity slowed in the month of April, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI fell to 55.4 in April from 57.1 in March. While a reading above 50 still indicates growth in the sector. The unexpected decrease by the headline index came as the employment index slumped to 50.9 […]

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A report released by the Commerce Department on Monday showed a modest increase in US construction spending in the month of March. The Commerce Department said construction spending inched up by 0.1 percent to an annual rate or $1.731 trillion in March after rising by 0.5 percent to a revised rate of $1.729 trillion in March. The uptick in total construction spending came as spending […]

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Sales rise 43.95% to Rs 1072.29 crore

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The US stocks started the new week and the month with firm footing, with the Dow, the S&P500, and the Nasdaq indexes closing volatile session notably above boundary line on Monday, 02 May 2022, thanks to bottom fishing in to recently battered stocks amid bets they had been overly beaten down. However, market gains were capped after unexpectedly decline in Institute for Supply Managements US […]

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Adani Wilmar reported 39% rise in consolidated net profit to Rs 234 crore on a 40% increase in revenues to Rs 14,960 crore in Q4 FY22 over Q4 FY21.

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