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The domestic equity barometers traded with decent gains in mid-morning trade. Positive cues from other Asian indices boosted sentiment. The Nifty traded tad above the 16,250 mark. Oil & gas stocks declined across the board. At 11:25 IST, the barometer index, the S&P BSE Sensex, was up 306.46 points or 0.56% to 54,558.99. The Nifty 50 index added 88.85 points or 0.55% to 16,259.00. In […]

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Healthy performance on profitability likely in the quarter

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Of Rs 0.7 per share

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Overall consumer prices in the Tokyo region of Japan were up 2.4 percent on year in May, according to the Ministry of Internal Affairs and Communications. That missed expectations for 2.6 percent and was down from 2.5 percent in April. Core CPI, which excludes the volatile costs of food, was up 1.9 percent on year in May. That was unchanged from the previous months reading, […]

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Australian retailers recorded a fourth consecutive month of sales gains, suggesting households are so far weathering a spike in the cost of living from surging fuel and other prices. Sales advanced 0.9% in April to a fresh record A$33.9 billion ($24.1 billion) and just shy of economists estimates for a 1% increase, Australian Bureau of Statistics data showed. Powered by Commodity Insights

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EBITDA margin at 24%, compares favorably with 19.3% yoy and 21.1 % QoQ, with better-operating efficiencies.

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Net external assets owned by governments, companies and individuals in Japan at the end of 2021 increased 15.8 pct from a year before to a record 411,184.1 billion yen, according to the Finance Ministry. The net external assets, or total overseas assets minus external debts, expanded mainly because the value in yen terms of foreign currency-denominated assets swelled owing to the Japanese currencys depreciation. The […]

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