Germanys producer price inflation hit a fresh record high in August driven by energy prices, data released by Destatis showed. Producer prices registered an annual increase of 45.8 percent in August, faster than the 37.2 percent rise in July. Energy prices soared 139.0 percent in August from the last year. Excluding energy, producer prices were up 14.0 percent. Prices of intermediate goods were up 17.5 […]
The key equity indices continued to trade with major gains in the mid-afternoon trade, tracking strong global cues. Steady foreign investment flow also encouraged market sentiments. The Nifty traded above the 17,850 mark. All the sectoral indices on the NSE were in the green. Pharma stocks snap its 3-day declining run. At 14:30 IST, the barometer index, the S&P BSE Sensex, was up 827.03 points […]
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