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China industrial profits declined by 2.1% yoy to CNY 55.25 trillion in the first eight months of the year, steeper than a 1.1% drop in the previous period. Profits at Chinas industrial firms shrank at a faster pace in January-August, as strict COVID restrictions and a deepening property slump weighed on domestic demand, adding to uncertainties about the faltering economy. Powered by Commodity Insights

Jyoti Structures jumped 3.81% to Rs 17.70 after the company secured a contract worth Rs 237 crore from Sterlite Power Transmission for turnkey supply.

Information Technology stocks were trading in green, with the S&P BSE IT Sector index rising 193.18 points or 0.71% at 27365.15 at 09:46 IST.

Oil and Gas stocks were trading in the positive zone, with the S&P BSE Oil&Gas index rising 171.14 points or 0.93% at 18637.93 at 09:46 IST.

FMCG stocks were trading with gains, with the S&P BSE FMCG Sector index increasing 129.04 points or 0.81% at 16140.41 at 09:46 IST.

RBI may have sold for almost $1 billion, but economists anticipate a slowdown in the pace of intervention

Of Rs.0.2 per share

The contract is for turnkey supply and construction of 400 KV & 220 kV Double Circuit transmission line in Goa & Karnataka.

The Government of India (GoI) has announced the sale (re-issue) of (i) 6.69% Government Security 2024 for a notified amount of RS 4,000 Crore (nominal) through price based auction using uniform price method, (ii) 7.10% Government Security 2029 for a notified amount of Rs 7,000 Crore (nominal) through price based auction using uniform price method, (iii) 7.26% Government Security 2032 for a notified amount of […]

Susan Collins, the new president of the Federal Reserve Bank of Boston, noted yesterday that getting inflation down will require slower employment growth and a somewhat higher unemployment rate. Collins made these comments in a speech to the Greater Boston Chamber of Commerce.Powered by Commodity Insights