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January 11, 2023 New Delhi, India Ajmera Realty Q3 Ajmera Realty, a key player in the real estate sector, has witnessed a remarkable surge in its share prices by over 10%, reaching a 52-week high following a robust performance in the third quarter of fiscal year 2024. Positive Q3 Performance Boosts Share Prices Ajmera Realty‘s…
January 8, 2023 New Delhi, India Titan Company Shares Surge In a notable feat, Titan Company‘s shares surged to a 52-week high at Rs 3,776.85 on the NSE, driven by a stellar performance in the third quarter of 2023. The consumer discretionary major reported a substantial 22% YoY growth in standalone revenue, outshining the Nifty…
December 14, 2023 New Delhi, India India’s Wholesale Price Index (WPI) inflation has surged to an eight-month high of 0.26% in November, marking a shift from the deflationary trend seen since March 2023. This development raises concerns about its potential impact on the country’s GDP growth. Positive Reversal in Wholesale Inflation: After several months in…
December 13, 2023 New Delhi, India Introduction: UltraTech Cement, the third largest cement producer worldwide (outside of China) has achieved a new landmark- its share broke the ₹10,000 barrier. This year, UltraTech shares have greatly surged with a year-to-date yield of 40.13% on an annual basis. The stock peaked at ₹10,042.95 apiece, translating into a gain…
December 13, 2023 New Delhi, India Inflation Concerns Weigh on Indian Rupee In recent developments, the Indian Rupee (INR) has encountered challenges as inflationary pressures grip the nation. According to the Ministry of Statistics & Programme Implementation, India’s Consumer Price Index (CPI) surged to 5.55% year-on-year in November, surpassing the Reserve Bank of India’s (RBI)…
December 12, 2023 New Delhi, India Indian Rupee Responds to Stronger US Dollar The Indian Rupee (INR) experienced a dip against the US Dollar (USD) on Tuesday, driven by increased demand for the USD. This follows the Reserve Bank of India’s decision to maintain the benchmark repo rate at 6.50%, aligning with expectations as the…
December 12, 2023 New Delhi, India West Texas Intermediate (WTI) Surges The West Texas Intermediate (WTI) crude oil market is experiencing a surge, reaching $71.80 per barrel, driven by a mix of economic indicators and geopolitical tensions. Economic Indicators Boost Confidence Recent expectations of a rise in the monthly US Consumer Price Index (CPI) and…
October 20, 2023 New Delhi, India Caution on Interest Rates Federal Reserve Chair Jerome Powell has indicated that the central bank is proceeding cautiously with regard to future interest rate hikes, balancing the need to address inflation concerns while supporting economic growth. Interest Rate Pause on the Horizon Powell’s recent statements suggest that the Federal…
New Delhi, India October 10, 2023 Israel-Hamas Conflict In the heart of the Middle East, a crisis of immense proportions is unfolding. The Israel-Hamas conflict, marked by a surprise attack by Hamas, a Palestinian militant group, has resulted in a tragic loss of life and escalated geopolitical tensions. Human Toll: A Devastating Reality The…
Monday saw Asian stocks ready themselves for an eventful week, filled with potential shifts in global financial policy and a slew of corporate earnings. Analysts expect the United States and Europe to increase interest rates, which might signal the culmination of their monetary tightening phases. Date: July 24, 2023 Place: New Delhi, India Investors are…
