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The Commerce Department released a report showing U.S. personal income increased by more than expected in the month of October. The Commerce Department released a report on Thursday showing U.S. personal income increased by more than expected in the month of October. The stronger than expected personal income growth primarily reflected increases in compensation and government social benefits. Disposable personal income, or personal income less […]

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Asian markets have opened in red

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Activity in the U.S. manufacturing sector contracted for the first time in over two years in the month of November, according to a report released by the Institute for Supply Management. The ISM said its manufacturing PMI slipped to 49.0 in November from 50.2 in October, with a reading below 50 indicating a contraction. With the slightly bigger than expected decrease, the manufacturing PMI fell […]

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The price of Brent oil futures has fallen by 11 cents, or 0.1%, to $86.77 per barrel, while the price of U.S. West Texas Intermediate (WTI) crude futures has fallen by 14 cents, or 0.2%, to $81.08 per barrel.

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Hero MotoCorp: Hero MotoCorp sold 390,932 units of two-wheelers in November 2022, a growth of 12% over the corresponding month of the previous year (November 2021), when the company had sold 349,393 units. Godrej Properties: Godrej Properties announced that it has, on an outright basis, acquired an ~18.6-acre land parcel in Kandivali, Mumbai. The project will have a developable potential of approximately 3.72 million square […]

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Monthly GST revenues more than Rs1.4 lakh crore for nine straight months in a row.

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Auto sales figures are closely monitored since they are one of the most important indicators for evaluating private consumption.

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Oil prices stay steady near the flat line in early Asia on Friday, although the commodity is set to register weekly gains on the back of broad weakness in the dollar and expectations of improving demand from top importer China. Shanghai, Guangzhou and a few other cities are lifting some quarantines despite rising case numbers amid reports that Sun Chunlan, Chinas vice-premier, announced that the […]

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 56 points at the opening bell. The gross GST revenue collected in the month of November 2022 is Rs 1,45,867 crore. The revenues for the month of November 2022 is 11% higher than the GST revenues in the same month last year, which itself was Rs. […]

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