For the first 2 months of FY23 ending May 2022, fiscal deficit stood at 12.3% of the full year target.
Silver futures fell to one year low as a heavy bout of correction in COMEX Copper weighed on the white metal. Silver also eyed weakness in global equities and recession worries in general. The metal broke under $20 per barrel mark amid sustained selling pressure. The Indian demand remains under stress given the lax buying season and economic challenges. The seasonally adjusted S&P Global India […]
Hero MotoCorp achieved total sales of 4,84,867 units in month of June 2022 compared to 4,69,160 units in June 2021, recording growth of 3.35%. Total sales comprised of domestic sales of 4,63,210 units, higher by 5.63% over June 2021. Exports declined 29.33% to 21,657 units in June 2022 over June 2021. Total sales comprises of 4,61,421 motorcycles and 23,446 scooters in June 2021. For Q1 […]
COMEX Copper slumped, extending a downward spiral as weak equities and sustained selling pressure hurt the metal. A modest rise in LME Copper inventories to two week high in last session also weighed. The COMEX Copper futures crashed nearly to a multi-month low of $3.55 per pound. The US dollar index firmed up near 105 mark and kept a lid on risky assets. COMEX Copper […]
Hero MotoCorp achieved total sales of 4,84,867 units in month of June 2022 compared to 4,69,160 units in June 2021, recording growth of 3.35%. Total sales comprised of domestic sales of 4,63,210 units, higher by 5.63% over June 2021. Exports declined 29.33% to 21,657 units in June 2022 over June 2021. Total sales comprises of 4,61,421 motorcycles and 23,446 scooters in June 2021. For Q1 […]
WTI Crude oil futures eased from a one and half week high today, turning lower as markets eyed US recession worries. The US economy last quarter saw its worst annualized performance since the pandemic-induced recession in 2020. The comments from US Fed Chair Jerome Powell also weighed on the oil prices. Meanwhile, the OPEC and non-OPEC partners, a group sometimes referred to as OPEC+ will […]
Hero MotoCorp achieved total sales of 4,84,867 units in month of June 2022 compared to 4,69,160 units in June 2021, recording growth of 3.35%. Total sales comprised of domestic sales of 4,63,210 units, higher by 5.63% over June 2021. Exports declined 29.33% to 21,657 units in June 2022 over June 2021. Total sales comprises of 4,61,421 motorcycles and 23,446 scooters in June 2021. For Q1 […]
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