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The dollar index continues to stand tall, amid expectations of a more aggressive Federal Reserve rate hike after data revealed US annual inflation surged 9.1% in June 2022, hitting its highest level since 1981. Meanwhile, growing fears of a recession and safe haven flows have also contributed to dollar strength. According to media reports, Fed Bank of Atlanta President Raphael Bostic said ?everything is in […]

The consideration for such acquisition is payable in cash of BDT 60,00,00,000 (approx. Rs50.90 crore).

The unemployment rate in Australia came in at a seasonally adjusted 3.5 percent in June, the Australian Bureau of Statistics reported – down significantly from 3.9 percent in May. The Australian economy added a whopping 88,400 jobs last month, blowing away forecasts for the addition of 30,000 jobs following the addition of 60,600 jobs in May. The participation rate climbed to 66.8 percent, also topping […]

Analysts at IIFL Capital Services attended a conference call with Information Services Group (ISG), an outsourcing advisory firm working with over 500 corporates globally.

The present growth in cargo is supported by a 12% yoy jump in June 2022 at 31.88 MMT.

The key equity indices pared gains and traded near the flat line in the mid-morning trade. The Nifty traded below the crucial 16,000 level after hitting a days high of 16,070.85 in the morning trade. IT shares extended losses for the fourth consecutive trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 53.54 points or 0.10% to 53,567.69 The Nifty […]

Business Wire India Expereo, the leading provider of managed Internet, Cloud Access Optimization, SASE, and SD-WAN solutions, is pleased to announce the appointments of Daniel Beevers as Managing Director EMEA and Eric Wong as Regional Director Asia Pacific as the company accelerates its growth, scaling its leadership in support of global customer base.   Beevers and Wong will lead and grow enterprise business, while driving […]

Singapores gross domestic product was unchanged on a seasonally adjusted quarterly basis in the second quarter of 2022, according to the Ministry of Trade and Industry. On an annualized basis, GDP was up 4.8 percent – again missing forecasts for a gain of 5.2 percent but still up from 3.7 percent in the three months prior. The manufacturing sector expanded 8.0 percent on year in […]

In the 18-59 age bracket, fewer than 1% of the target population of 77 crore people had received the precautionary dose thus far, according to sources

Sales rise 28.37% to Rs 35.29 crore