US job growth remains moderate in July; wage gains still strong
The US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to […]
Month: August 2023
Markets halt 3-day losing run; Sensex, Nifty settle nearly 1% higher
Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1 per cent higher on Friday, buoyed by gains in HDFC […]
State Bank of India Q1 profit nearly triples to all-time high
State Bank of India (SBI) has reported profits of Rs 168.84bn ($2.04bn) for the quarter ended June 30, a near three-fold rise compared with the […]
Apple surprises in China, sets India high during sales slump
Apple has reported an 8% increase in revenue from China and record iPhone sales in India, despite posting its third consecutive quarter of declining sales. […]
Government adds laptops, PCs & tablets to import curb list
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Morgan Stanley gives India top billing among Asian emerging markets
Global financial powerhouse Morgan Stanley has upgraded India to the ‘overweight’ category, giving it the top rating among Asian emerging markets, while cutting Australia to […]
Asia crude imports hit high as China, India gorge on Russian oil
Asia’s crude imports lifted to a record high in July as the top-importing region’s two biggest buyers, China and India, continued to take large volumes […]
LIC Housing Finance Q1 profit jumps on strong loan demand
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Adani Enterprises posts 44% jump in Q1 profit
Adani Enterprises reported a 44% YoY rise in Q1 profit, driven by a strong performance in its new energy sector, which saw earnings jump seven-fold […]
India’s services growth at 13-year high in July on strong demand
India’s services industry recorded its fastest expansion in 13 years in July, with S&P Global’s India Services Purchasing Managers’ Index (PMI) rising to 62.3 from […]