January and February saw upbeat sales for gold jewellery in China, lifted by festival sales ahead of the New Year Holiday; volumes were also boosted by the continued efforts of retailers to promote heavier gold products, according to latest Gold Demand Trends from the World Gold Council (WGC). After a promising start to the year, Chinese gold jewellery demand in the first quarter fell 8% […]
Sales rise 2.76% to Rs 2761.24 crore
Vedanta reported 10% drop in consolidated net profit to Rs 5,799 crore on a 41% increase in revenue from operations to Rs 39,342 crore in Q4 FY22 over Q4 FY21.
The Indian rupee pared initial losses to settle 4 paise higher at 76.53 (provisional) against the US dollar on Thursday, tracking positive domestic equities. However, the appreciation bias in the local unit is likely to be capped in the near term amid strong American currency, inflationary concerns and fears about an aggressive pace of the US rate hikes. At the interbank forex market, the rupee […]
Sales rise 12.08% to Rs 201.40 crore
On a standalone basis, SBI Life Insurance Companys net profit surged 26.25% to Rs 672.15 crore on a 33.43% drop in income from investments (net) to Rs 2,999.49 crore in Q4 March 2022 over Q4 March 2021.
Sales decline 17.78% to Rs 50.53 crore
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