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For the second quarter ending September 30, 2022, JK Tyre & Industries reported a 23% fall in net profit to Rs50 crore.

According to news reports, the price of ethanol produced from C-heavy molasses has grown to Rs49.40 per litre from Rs46.66 per litre, and the price of ethanol produced from B-heavy has decreased to Rs59.08 per litre from Rs60.73 per litre.

Garmin, which announced Yeshudas Pillai's appointment as the new national head for its operations in India, has been observing double-digit growth in the nation and anticipates the trend to persist.

Copper slumped as dollar regained strength on the back of Fed massive rate hike coupled with reports of weak data and COVID situation from China. Chinas services activity contracted again in October as COVID-19 containment measures hit businesses and consumption, overshadowing the economic rebound in the last quarter, a private-sector business survey showed on Thursday. The Caixin services purchasing managers index (PMI) fell to 48.4 […]

The BoE is anticipated to increase borrowing costs following a regular meeting by 0.75% to 3%, which would be the highest level since the global financial crisis of 2008.

Wipro: The company announced the launch of a new financial services advisory capability in India. Capco, a Wipro company, will supplement Wipros presence in the Indian financial services sector through its business in Mumbai to jointly offer end-to-end transformation services for this sector. Piramal Enterprises: Piramal Enterprises said that the board of directors of the company will be held on 7 November 2022, to consider […]

The project will offer a booking value potential of approximately Rs 500 crore.

The agency classified debts of Rs67,228 crore as Difficult To Recover in its annual report (DTR)

Gold lost sheen in early Asia on Thursday, tracking strength in treasury yields and dollar following a large interest rate hike by the Federal Reserve in its latest policy meeting. The Federal Reserve on Wednesday announced its widely expected decision to raise interest rates by another 75 basis points. Citing efforts to achieve maximum employment and inflation at the rate of 2 percent over the […]

The Federal Reserve on Wednesday announced its widely expected decision to raise interest rates by another 75 basis points. Citing efforts to achieve maximum employment and inflation at the rate of 2 percent over the longer run, the Fed announced its decision to raise the target range for the federal funds rate to 3.75 to 4 percent. The Fed also said that ongoing increases in […]