Eurozone annual inflation rate was confirmed at a record high of 5% on a yearly basis in December, up from 4.9% in November, as rising energy costs continue to push consumer prices up, according to Eurostats final reading of the Eurozone CPI report. This was the highest inflation on record. Core inflation, which excludes prices of energy, food, alcohol & tobacco, held steady at 2.6 […]
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman has authorised the release of an advance installment of tax devolution to State Governments amounting to Rs. 47,541 crore. This is in addition to the regular devolution for the month of January 2022. Thus, States would receive a total of Rs. 95,082 crore or double their respective entitlement during the month of January 2022. State-wise break-up […]
Nifty Pharma index ended down 1.66% at 13454.9 today. The index is up 1.00% over last one month. Among the constituents, Divis Laboratories Ltd slipped 3.39%, Laurus Labs Ltd dropped 2.44% and Sun Pharmaceuticals Industries Ltd shed 2.21%. The Nifty Pharma index is up 4.00% over last one year compared to the 21.25% surge in benchmark Nifty 50 index. In other indices, Nifty IT index […]
Century Textiles & Industries consolidated net profit (from continuing operations) tanked 66.71% to Rs 12.16 crore on a 38.60% surge in net sales to Rs 1,049.95 crore in Q3 FY22 over Q3 FY21.

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