Shares in Australia, HK edges higher, while Japan, China stocks decline | World News

By Richard Henderson Asian equities traded within narrow ranges early Monday as investors looked ahead to a busy week of economic data including the Federal Reserve’s preferred inflation gauge. China’s currency pared some of Friday’s losses following support by authorities.   Shares in Australia and Hong Kong edged higher, while those in… Continue reading Shares in Australia, HK edges higher, while Japan, China stocks decline | World News

Forex reserves drop by $3 bn to $603.8 bn in 2nd consecutive weekly decline

Gold reserves were down by USD 710 million to USD 44.904 billion, the RBI said. India’s forex reserves dropped by USD 3.165 billion to USD 603.87 billion for the week ended July 28, the RBI said on Friday. This is the second consecutive weekly drop in the reserves after the USD 1.987 billion decline… Continue reading Forex reserves drop by $3 bn to $603.8 bn in 2nd consecutive weekly decline

IndiGo shares decline nearly 5% after record first quarter showing

BSE Odisha 10th Result 2023: All you need to know about checking result Assam HS Result 2023: AHSEC 12th results are out at official website CBSE Results 2023: Everything you need to know to check at website After a solid Q1, IndiGo’s troubles may mount in Q2FY24, warn analysts IndiGo Q3: Focus on international destinations… Continue reading IndiGo shares decline nearly 5% after record first quarter showing

Pfizer misses revenue estimates as Covid-19 product sales decline

Pfizer is also preparing for declining revenues in coming years as some of its top-selling drugs are soon set to face competition from cheaper generic treatments. | Photo: Bloomberg Pfizer Inc reported a bigger-than-expected 54% decline in second-quarter revenue on Tuesday, as the U.S. drugmaker faced declining demand for its COVID-19 products.    … Continue reading Pfizer misses revenue estimates as Covid-19 product sales decline

Credit cards in force hit new high in June; spends decline over May

Credit cards in force hit a new high in June, surging to 88.7 million from 87.4 million in May even if spending declined to Rs. 1.37 trillion, as compared to Rs. 1.40 trillion in May.   According to latest data released by the Reserve Bank of India, HDFC Bank maintained its leadership position… Continue reading Credit cards in force hit new high in June; spends decline over May