Tag Archives: rises

Bajaj Holdings Q2 Consolidated Profit Rises 19% To Rs. 834 Crore

New Delhi: Bajaj Holdings and Investment Ltd (BHIL) Tuesday reported a 19 per cent rise in its consolidated profit after tax (PAT) at Rs. 834 crore for the September quarter of the current fiscal. The company’s PAT in the corresponding July-September period of 2016-17 was Rs. 698 crore. “Due to all round performance of BHIL (standalone) and underlying companies, BHIL’s ... Read More »

Sensex Extends Gains, Rises Over 300 Points; Energy Stocks Rally

The Sensex and Nifty rose more than 1 per cent on Wednesday, recouping most of the losses in the previous session, led by gains in financials such as Housing Development Finance Corp, while metal stocks climbed on higher prices for the commodity. Sentiment was also supported by a recovery in broader Asia as concerns stemming from North Korea’s firing of ... Read More »

Sensex Rises Over 200 Points On GST Boost, Global Rebound

Indian equity markets rebounded on Wednesday tracking positive global markets which rose as concerns about North Korea’s firing of a missile over Japan ebbed. The Sensex gained as much as 235 points to 31,624 while the NSE benchmark Nifty rose as much as 80 points to trade firm above the 9,850 level. Meanwhile, markets also got a boost from GST ... Read More »

Market Live: Sensex, Nifty trade firm; pharma rises after days of correction

European bourses are expected to open lower Tuesday, as investors shift their attention to political events going on in Europe and overseas. The London FTSE 100 index is called to open 14 points lower at 7,533, the German DAX down 13 points at 12,614 and the French CAC down 22 points at 5,310, according to IG. 12:20 pm Market Check: ... Read More »

Tesco warns global suppliers over price rises

Turning around Malaysia Airlines after the double tragedies of MH370 and MH17 is an “unprecedented” challenge, the firm’s recently appointed chief executive has told the BBC. Peter Bellew said the carrier was now marketing more aggressively as it tries to win back confidence in the brand. He accepted some passengers would choose to not fly with the company. But Mr ... Read More »

  Rising prices for clothes, hotel rooms and petrol have led to the highest rate of inflation in nearly two years, official figures show. Inflation rose to 1.0% in September, up from 0.6% in August, the Office for National Statistics (ONS) said. Clothing saw its biggest price rise since 2010 and fuel, which was falling a year ago, was also ... Read More »

China business confidence rises again

Confidence among Chinese entrepreneurs has picked up for the second quarter running, according to the country’s central bank. People’s Bank of China surveys showed the business confidence index rising to 51.2% in the third quarter. That was 2.2 percentage points higher than in the second quarter. China’s factory output and retail sales grew faster than expected in August, on the ... Read More »

New Zealand tops global list for house price rises

New Zealand, Turkey and Canada have seen the biggest leap in house prices over the past year, according to a new global ranking. Estate agents Knight Frank found property markets in the three countries grew between 10% and nearly 14%. While New Zealand comes in second after Turkey, it tops the list once the impact of inflation is stripped out. ... Read More »

European shares hit two-week lows, yen rises as Japan backs stimulus

European stocks fell to two-week lows on Tuesday, dragged down by banks, while the yen rose against the dollar and government bonds sold off after Japan’s cabinet approved a fiscal stimulus package to revive the flagging economy. Oil fell again, with U.S. crude dipping below $40 a barrel as a supply glut weighed on prices. The pan-European STOXX 600 index ... Read More »

State of the States report: Queensland rises to fifth

Queensland has leap-frogged Australia’s other mining-heavy state to wedge itself firmly in the middle of the nation’s state economies. The state replaced Western Australia in fifth place on the latest CommSec State of the States report, released Monday, but remained a long way off the powerhouses of New South Wales and Victoria and just behind the Northern Territory. Queensland Treasurer Curtis ... Read More »