Hong Kong share market finished session lower on Tuesday, 12 July 2022, on following the broadly negative cues from global markets overnight, amid persisting worries about inflation, slowing growth and rising interest rates by major central banks pushing towards a potential recession. Meanwhile, worries about new wave of COVID-19 infections in Shanghai and Macau also hurt market sentiment. At closing bell, the benchmark Hang Seng […]
Indias factory output, measured in terms of Index of Industrial Production (IIP), witnessed a growth of 19.6% in May 2022. IIP grew 7.1% in April 2022. The manufacturing sector recorded a growth of 20.6% in May. The mining sector rose by 10.9% and the electricity sector climbed 23.5%. IIP is an index that details out the growth of various sectors in the economy. Release of […]
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