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The business sector in New Zealand fell into contraction in October, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 49.3. Thats down from 52.0 in September, and it slips beneath the boom-of-bust line of 50 that separates expansion from contraction. Individually, the two key sub-index values of Production (49.9) and New Orders (44.7) both fell into contraction, with the […]

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Mahindra & Mahindras (M&M) standalone net profit surged 45.8% to Rs 2,089.92 crore on 56.52% jump in revenue from operations to Rs 20,839.27 crore in Q2 FY23 over Q2 FY22.

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The key equity indices continued to trade in a narrow range with major gains in the early afternoon trade. Positive global cues boosted the sentiment. The Nifty hovered above the 18,300 level. IT, financial services and metal stocks advanced while FMCG and auto shares declined. At 12:28 IST, the barometer index, the S&P BSE Sensex, surged 1121.14 points or 1.85% to 61,734.84. The Nifty 50 […]

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The Project is executed by Ashoka Mallasandra Karadi Road Private Limited (SPV).

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Japans machine tool orders declined for the first time in two years in October, preliminary data from the Japan Machine Tool Builders Association, or JMTBA, showed. Machine tool orders fell 5.4 percent year-on-year in October, reversing a 4.3 percent rise in September. Further, this was the first decrease since November 2020. Domestic orders were 11.4 percent lower in October compared to last year, and foreign […]

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