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To 13 May 2022

Business Wire India Expansion follows successful UK Post Office digital cross-border money transfers roll-out in 2019 Western Union services to become available in 4,000 UK Post Office locations, doubling Western Union’s UK retail network   Western Union (NYSE: WU) announced today that it is expanding its collaboration with the UK Post Office to provide retail cross-border money transfers. This alliance is part of the Company’s […]

Reported sales nil

Domestic equity benchmarks went into a tailspin during fag-end of the trade on Friday, dragged by weakness in Axis Bank, Reliance Industries and Infosys. The Nifty ended a tad above 17100 after hitting the days high of 17,377.65 in afternoon trade. All the sectoral indices on the NSE ended in the red. Media, oil & gas and auto shares tumbled. Concerns over rising inflation and […]

Sales rise 28.41% to Rs 20860.00 crore

Eurozone annual rate of inflation rose to a fresh record high of 7.5% in April from 7.4% in March. The inflation is now more than three times above the ECB target of 2%. War in Ukraine and sanctions on Russia continued to push prices of commodities higher, preliminary estimates showed. Meanwhile, energy prices slowed but remained extremely high (38% vs 44.4%). Excluding energy, the inflation […]

Germany GDP grew 0.2% qoq in Q1, recovering from a 0.3% contraction in the previous period. On the same quarter a year earlier, GDP grew 3.7% yoy. The growth was mainly due to higher capital formation, whereas the balance of exports and imports had a downward effect on economic growth. The economic consequences of the war in Ukraine have had a growing impact on the […]

HDFC Bank, Axis Bank and RIL were top traded stock futures contract in NSEs F&O segment

Sales rise 32.03% to Rs 3480.67 crore

Eurozone GDP grew 0.2% qoq in Q1, slightly below expectation of 0.3% qoq. Year-on-year, the GDP expanded 5 percent, accelerating from an upwardly 4.7 percent increase in Q4. Growth in Spain (0.3 percent) and Germany (0.2 percent) more than offset a contraction in Italy (-0.2 percent) while the French economy stalled. Preliminary Eurostat data indicated the war and related commodity price spikes cut growth by […]