Nikkei Rises, Kospi Falls as Dollar Leads Gains
Asian stocks underperformed on Friday while the dollar strengthened as a European recession loomed, underscoring the relative outperformance of the US economy.MSCI’s broadest index of...
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Asian Stocks Shaken as Focus Turns to US Inflation Data, Fed Outlook
On Tuesday, Asian shares fell as financial markets worried about lingering global cost pressures. Investors turned their attention this week to US inflation data and...
Kospi Falls, Dollar Boosted by US Rate Risk
Asian shares got off to a subdued start on Monday, with the dollar holding firm after a shocking US jobs report toppled talk of a...
Britannia Q1 Consolidated Profit Slips 14% to Rs 336 Crore
Britannia on Thursday reported a 14% year-on-year (Y-o-Y) decline in consolidated profit after tax (PAT) at Rs 336 crore for the June quarter of FY23....
IOC Reports Net Loss of Rs 1,993 crore in Q1
Indian Oil Corporation Ltd (IOC) on Friday reported a loss of Rs 1,993 crore for the first quarter, citing fuel discounts and higher costs. Its...
Markets Trade Firm in Early Trade Amid Gains in Global Equities
On Thursday, the benchmark index started solid trading, with the Sensex climbing more than 542 points, tracking a rebound in global stock markets. The 30-share...
ONGC Partners to Spend $6.2 Billion on Green Energy Projects
ONGC officials said: that India’s largest oil explorer ONGC and its partners will invest $6.2 billion (Rs 50,000 crore) in green energy projects to produce...
RIL’s Profit Surges on High Refining Margins
The Adani-owned company Reliance Industries Ltd had reported a jump of 46 per cent profit every quarter but as per experts’ expectation. The company’s value...
Vedanta to Pay Second Interim Dividend of Rs 7,250 Crore at Rs 195 Crore Per Share
Metals and mining giant Vedanta declared a second interim dividend of Rs 19.5 per share on Tuesday, bringing its total payout in two dividend rounds...
Rupee Declines 28 Paise to 76.46 Against US Dollar
On Tuesday morning, the rupee declined 28 paise to 76.46 against the US dollar in opening trade, following a negative trend in domestic equities amid...