News Overview

The total merchandise export figure of $37.81 billion is not only the highest monthly export achieved this year but also the highest ever in history.

HDFC Bank: The private sector banks net profit rose 18.08% to Rs 10,342.20 crore on 8.33% increase in total income to Rs 40,651.60 crore in Q3 December 2021 over Q3 December 2020. HCL Technologies: The IT major reported 5.4% rise in consolidated net profit to Rs 3,442 crore and revenue increased by 8.1% to Rs 22,331 crore in Q3 FY22 over Q2 FY22. HCL Tech […]

US industrial production edged down by 0.1 percent in December after climbing by an upwardly revised 0.7 percent in November, the Federal Reserve reported on Friday. The unexpected dip in production came as utilities output tumbled by 1.5 percent in December after a revised 1.9 percent jump in November. The report showed manufacturing output also fell by 0.3 percent in December following a 0.6 percent […]

US retail sales tumbled by 1.9 percent in December after edging up by a revised 0.2 percent in November, a report released by the Commerce Department on Friday showed. The report showed sales by non-store retailers plummeted by 8.7 percent, while furniture and home furnishing stores, clothing and accessories stores, sporting goods, hobby, musical instrument and book stores and electronics and appliance stories also saw […]

Metro Brands posted a 54.6% rise in consolidated net profit to Rs 100.85 crore on a 59% jump in net sales to Rs 483.77 crore in Q3 FY22 over Q3 FY21.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could decline 70 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Monday after release of Chinese economic data. Chinas economy grew by 8.1% in 2021, and industrial production rose steadily through the end of the year and offset a drop off in […]

US consumer sentiment index fell to 68.8 in January from 70.6 in December, according to preliminary data released by the University of Michigan on Friday. The report showed one-year inflation expectations ticked up to 4.9 percent in January from 4.8 percent in December, while five-year inflation expectations rose to 3.1 percent from 2.9 percent. The bigger than expected drop by the headline index came as […]

The US stocks were mixed in volatile trade on Friday, 14 January 2022, with the S&P500 index and the Nasdaq settling above unchanged line, while the Dow ended opposite side of the unchanged line, as slew of U.S. economic data, including Federal Reserves industrial production and Commerce Departments retail sales data unexpectedly declined in the month of December. At the close of trade, the Dow […]

Sales rise 59.03% to Rs 483.77 crore

Sales rise 51.77% to Rs 231.25 crore