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InterGlobe Aviation: InterGlobe Aviation posted net loss at Rs 1064.3 crore in Q1 FY23, lower than net loss of Rs 3174.2 crore in Q1FY22. Total income for the quarter ended June 2022 was Rs 13018.8 crore, an increase of 310.7% over the same period last year. Adani Wilmar: Adani Wilmars consolidated net profit rose 10% to Rs 194 crore on 30% jump in revenue to […]

A report released by the Institute for Supply Management on Wednesday showed an unexpected acceleration in the pace of growth in U.S. services sector activity in the month of July. Services PMI rose to 56.7 in July from 55.3 in June, with a reading above 50 indicating growth in the sector. The report showed the business activity index shot up to 59.9 in July from […]

Sales rise 4.94% to Rs 135.13 crore

The telecommunications services provider acquired 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100MHz, 3300 MHz and 26 GHz frequency bands through the 5G spectrum auction for Rs 43,084 crore.

The Lok Sabha was informed on Wednesday that over Rs2.54 lakh crore was spent on approximately 70 lakh central government pensioners during 2021—2022.

Crude oil prices are only marginally higher following a big slump in the previous session as demand concerns surge amid recession fears and tightening policy by central bankers. Notable increase in crude oil and gasoline inventories are signaling further weakening US fuel demand. Oil prices fell yesterday after the Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the […]

Profit booking may emerge as the day progresses

New orders for U.S. manufactured goods showed a significant increase in the month of June, according to a report released by the Commerce Department. The report showed factory orders shot up by 2.0 percent in June after surging by an upwardly revised 1.8 percent in May. The bigger than expected increase in factory orders came as orders for both durable goods and non-durable goods spiked […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 47 points at the opening bell. The Reserve Bank of Indias rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy. The Monetary Policy Committee is scheduled to announce its decision on August 5. While a 25 bps hike is ruled out, […]

The Department of Expenditure released the fifth monthly instalment of the Post Devolution Revenue Deficit (PDRD) Grant to 14 states on Wednesday, the ministry announced in a statement.