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The manufacturing sector in South Korea continued to expand in June, albeit at a slower pace, the latest survey from S&P Global showed with a manufacturing PMI score of 51.3. Thats down from 51.8 in May although it remains above the boom-or-bust line of 50 that separates expansion from contraction. June data indicated a second successive fall in manufacturing output. The rate of contraction was […]

Hero Electric had sought an injunction against Hero MotoCorp for using the 'Hero' trademark for its electric vehicles.

These new rules will come into effect from July 1, 2022.

Inflation based on the consumer price index is expected to average 6.8% this fiscal year, up from 5.5% last year, according to the house.

Some important financial developments that will come into force in July

With effect from 30 June 2022

The companys total commercial vehicle (CV) sales jumped 125% to 14,531 units in June 2022 from 6,448 units sold in June 2022.

Eicher Motors unlisted subsidiary, VE Commercial Vehicles (VECV) sold 6,307 units of commercial vehicles (CV) in June 2022, registering a rise of 158.7% year on year from 2,438 units sold in June 2021.

India's manufacturing PMI has been over 50 for 12 straight months as of June

Banks are vulnerable to trading losses as rising interest rates erode the value of their bond positions.