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National Aluminium Company reported 60.6% rise in consolidated net profit to Rs 557.91 crore on a 52.9% increase in net sales to Rs 3783.32 crore in Q1 FY23 over Q1 FY22.

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The steel majors standalone crude steel production in July 2022 stood at 15.69 lakh tonnes, registering a growth of 14% YoY.

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JSW Steel reported crude steel production for the month of July 2022 at 15.69 lakh tonne compared to 13.82 lakh tonne in July 2021, recording a growth of 14% on a standalone basis. The production of flat rolled products rose 15% to 10.72 lakh tonne while production of long rolled products jumped 19% to 3.65 lakh tonne in July 2022 over July 2021. Powered by […]

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The New York Fed released its latest Consumer Expectations survey which showed a record drop in short-, medium- and longer-term inflation expectations: specifically, inflation expectations at the 1-year horizon decreased to 6.22% in July – the lowest since February – from the previous months 6.78%, the biggest monthly drop on record as expectations about year-ahead price increases for gas and food fell sharply. At the […]

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Consumer confidence in the US housing market dropped to the lowest level since 2011, as both prospective buyers and sellers have become more pessimistic, according to a monthly survey released by Fannie Mae. Fannie Maes Home Purchase Sentiment Index consists of six components: buying conditions, selling conditions, home price outlook, mortgage rate outlook, job loss concern and change in household income. Overall, the index fell […]

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Sequential performance to be hit by falling prices of LME Aluminium.

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The currency market is shut for trading on account of holiday for Moharram. The market will resume trading tomorrow.Powered by Capital Market – Live News

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