RBI Surprised Markets with a More than Expected Tougher Tone
The RBI’s tougher or hawkish tone discouraged currency traders from betting against the rupee. The Indian currency is currently at its lowest value ever due...
Tag : reports
Global Economy Expected to Grow 2.7% in 2024 and 2.8% in 2025: UN Report
The latest World Economic Situation and Prospects report released by the Department of Economic and Social Affairs of the United Nations (UN) paints a promising...
RBI released 29th Issue of the Financial Stability Report (FSR): Key Highlights
Today, on June 27, the 29th issue of the Financial Stability Report (FSR) was published by the Reserve Bank of India (RBI). This report provides...
Shares of Som Distilleries Plunge Over Reports of IT Raids on Company Premises
Shares of Som Distilleries & Breweries Ltd tumbled on Tuesday following reports of raids being conducted by the Income Tax (IT) department on the company’s...
Orient Cements Share Hit 52-Week High Over Reports of CK Birla Approaching Gautam Adani for Stake Sale
Shares of Orient Cement surged as much as 14.5% on Wednesday over reports stating that promoter CK Birla approached Gautam Adani to sell his promoter...
Small, Medium Businesses Get Relief on GST Interest, Late Fee
The government has announced a late fee waiver on the filing of goods and services tax (GST) returns for March and April, besides reducing interest...
Cadila Healthcare reports 67.7% increase in Q3 profit
Cadila Healthcare has posted a 67.7% YoY increase in consolidated net profit, at Rs.543.3 crore. Profit for the corresponding quarter, last year was at Rs.323.9...
Axis Bank reports 25% increase in Q3 profit YoY
Axis Bank has reported a 25% increase in net profit YoY at Rs.726 crore for the quarter ended December 31,2017. Last year, in the corresponding...
Infosys reports 37.6% increase in net profit for Q3
Infosys has reported a 37.6% growth in net profit for the December quarter at Rs.5,129 crore. In the last quarter it had reported a net...
M&M reports 22% increase in Q2 profit
Mahindra & Mahindra (M&M), has reported a rise of 21.97% in its YoY net profit at Rs.1,410.86 for the quarter ended September 30, against Rs.1,156.7...