Most Read News

Overnight surge in the US dollar is likely to bring the Indian rupee under pressure on Thursday, August 18, 2022. Dollar gained strength after minutes from the Federal Reserves July meeting shows that central bankers plan to continue rate hikes in order to bring down inflation. ?With inflation remaining well above the Committees objective, participants judged that moving to a restrictive stance of policy was […]

The Commerce Department released a report showing a continued surge in U.S. business inventories in the month of June. The report showed business inventories shot up by 1.4 percent in June after surging by an upwardly revised 1.6 percent in May. Retail and wholesale inventories led the way higher, spiking by 2.0 percent and 1.8 percent, respectively, while manufacturing inventories rose by 0.4 percent. The […]

Manufacturing EBITDA margin came in at 37.10% in Q1FY23 as against 28.60% in Q1FY22.

Yondelis generated annual sales of $49.7 million for the twelve months ending June 2022 in the US market.

 According to the DRHP, Signature Global reported losses after taxes of Rs565.74 million, Rs862.78 million, and Rs1,155.00 million for the fiscal years 2020, 2021, and 2022, respectively.

Out of the 225 bps rate hike in 2022, a total of 150 bps hike was done in just 2 tranches in June and July.

From 4.77 million barrels per day (bpd) in 2022 to 5.14 million bpd in 2023, this will be a y-o-y increase of 7.73%

The e-commerce behemoth has been developing an app feed that lets users navigate through TikTok-like product images and videos uploaded by other users

With pullbacks in gasoline and auto sales offsetting strength in other areas, the Commerce Department released a report showing U.S. retail sales came in flat in the month of July. The Commerce Department said retail sales were virtually unchanged in July after climbing by a downwardly revised 0.8 percent in June. The report showed sales by motor vehicle and parts dealers tumbled by 1.6 percent […]

Copper prices continue to stay under pressure in early Asia on Thursday tracking large decline in equities. US stocks ended firmly in negative territory with all major averages tilting to the downside. The Dow fell 171.69 points or 0.5 percent to 33,98.32, the Nasdaq slumped 164.43 points or 1.3 percent to 12,938.12 and the S&P 500 slid 31.16 points or 0.7 percent at 4,274.04. However, […]