News Overview

US personal income rose by 0.3 percent in December after climbing by an upwardly revised 0.5 percent in November, a report released by the Commerce Department on Friday showed. Disposable personal income, or personal income less personal current taxes, also edged up by 0.2 percent in December after rising by 0.4 percent in November. When adjusted for inflation, however, disposable personal income actually dipped by […]

On a 24-month basis, for nine months ended 31 st December 2021, the Consolidated Sales and Net Profit grew 21% and 11% respectively.

L&T: The engineering and construction majors consolidated net profit fell 16.70% to Rs 2,054.74 crore on 11.14% increase in net sales to Rs 39,562.92 crore in Q3 December 2021 over Q3 December 2020. Vedanta: On a consolidated basis, the diversified natural resources firms net profit rose 26% to Rs 4,164 crore on 50% increase in net sales to Rs 33,697 crore in Q3 December 2021 […]

US consumer sentiment deteriorated by more than initially estimated in the month of January, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for January was downwardly revised to 67.2 from a preliminary reading of 68.8. With the downward revision, the index was further below the final December reading of 70.6, dropping to its lowest […]

Consolidated revenue from operations stood at Rs2,407cr in Q3FY22 rising from Rs2,122cr in December last year quarter, however, it dropped compared to Rs2,419cr of Q2FY22.

During the said quarter, the ADT of options increased by 965% to Rs. 8,610 crore in Q3 FY21-22 from Rs. 808 crore during Q3 FY20-21.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 180 points at the opening bell. The Budget session of Parliament is set to commence today, 31 January 2022 and will conclude on 8 April 2022. Finance Minister Nirmala Sitharaman will table the Economic Survey for 2021-22 in the Lok Sabha on Monday soon after the […]

UPL could post double digit YoY revenue growth during the quarter

New technology will be welcomed in 2022 to meet the growing demands of customers. The growth of technology trends in the market is usually recognised in the coming year. Technology is rapidly evolving today, allowing for frequent changes and progress, thereby accelerating the rate of change.

Tata Motors, BPCL, HPCL, Indian Oil Corporation, UPL, Sun Pharmaceutical Industries and DLF are some of the major Q3 earnings to watch out.