News Overview

Data on the U.S. consumer price index (CPI), which is due later today, is anticipated to indicate a small increase in inflation in July.

In the same quarter, Bata's revenue increased by 2% year-on-year to Rs 971 crore.

IRCON International plans to conclude the fiscal year with a robust order book totaling Rs 35,000 crore.

Brent crude was down 20 cents, or 0.2%, to $87.35 per barrel after closing at its highest level since January 27 the previous day.

The planned acquisition would be done at Fair Market Value utilizing the Discounted Cash Flow technique.

The Australian and New Zealand dollars were trading around two-month lows as the economic prognosis for China, a major trading partner, grew more gloomy.

The local currency opens at 82.81 against the dollar, from the previous close of 82.82.

Petrol and Diesel prices in cities across India on 10-08-2023

In conversation with Sheetal Agarwal of IIFL, management of the IPO-bound company explains its business model, strengths and future growth strategy.

Asian peers were trading in lower sentiments tracking the decline on Wall Street.