The July score was almost 20% higher than the last year’s 108.4 points and the highest since September 2011, it said. (Photo: Bloomberg) MUMBAI (Reuters) – The United Nations food agency’s rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key… Continue reading World rice price index jumps to near 12-year high in July, says FAO
Tag: high
FPI inflows hit 11-month high in July, lift benchmarks to fresh highs
Foreign portfolio investors (FPIs) bought Indian shares worth Rs 46,618 crore ($5.63 billion) on a net basis in July, data from the National Securities Depository Ltd (NSDL) showed on Friday. This is the highest monthly FPI inflows since August 2022. Sustained FPI inflows have powered the uptick in the blue-chip Nifty 50 and… Continue reading FPI inflows hit 11-month high in July, lift benchmarks to fresh highs
Cipla hits new high; up 6% on promoter stake sale buzz, strong Q1 results
Shares of Cipla hit a new high of Rs 1,238.55, as the rallied 6 per cent on the BSE in Friday’s intra-day trade, extending its past one week gain, on buzz that the promoters are looking to sell a part stake to private equity investors. In past seven trading sessions, the stock has surged 16… Continue reading Cipla hits new high; up 6% on promoter stake sale buzz, strong Q1 results
Tensions high on Nato’s border with Belarus as Wagner troops move closer
A senior Polish official called for the “complete isolation” of Belarus as Warsaw deployed more troops to the border in response to what it called an airspace violation by Belarusian helicopters. The move marks a sharp escalation in tension between Poland and its eastern neighbor after the Russian mercenaries from the Wagner… Continue reading Tensions high on Nato’s border with Belarus as Wagner troops move closer
BoE set to join Fed in raising interest rates again amid high UK inflation
The Bank of England is set to raise interest rates Thursday for the 14th time in a row to a fresh 15-year high and keep the door open for further increases in the months to come as it tries to tamp down persistently high inflation. Most economists think the UK central bank will… Continue reading BoE set to join Fed in raising interest rates again amid high UK inflation
Small firms in online money gaming will be unable to survive high GST: AIGF
Small companies that are into online real money-based gaming will not be able to survive due to the high Goods and Services Tax of 28 per cent, industry body All India Gaming Federation said on Wednesday. Finance Minister Nirmala Sitharaman has announced that a 28 per cent GST on the full face value… Continue reading Small firms in online money gaming will be unable to survive high GST: AIGF
Toyota Motor’s quarterly profit tops estimates, shares hit all-time high
Toyota Motor ’s quarterly profit exceeded estimates as improvements in supply of semiconductors and a weak yen helped it capitalise on a global rebound in demand for vehicles. The stock closed at a record high. Operating profit for the three months through June was a record ¥1.1 trillion ($7.7 billion), the world’s No.… Continue reading Toyota Motor’s quarterly profit tops estimates, shares hit all-time high
Victory of poor, says Lalu on High Court upholding Bihar caste survey
RJD chief Lalu Prasad on Tuesday said the decision of the Patna High Court on the caste survey in the state is in the interest of the poor and that it will benefit all sections of society. Rejecting a bunch of petitions challenging the caste survey, the court upheld it as “perfectly valid”… Continue reading Victory of poor, says Lalu on High Court upholding Bihar caste survey
Tax filing for AY24 touches all-time high, surpasses 67.7 million
Tax filings for the assessment year (AY) 2023-24 have hit a record high, exceeding 67.7 million. This figure represents a 16.1 per cent increase compared to the total tax returns filed during the previous assessment year, according to an announcement by the revenue department on Tuesday. For AY23, the department received 58.3 million… Continue reading Tax filing for AY24 touches all-time high, surpasses 67.7 million
Hero Moto falls 7% from day’s high amid report of PMLA case against Munjal
Shares of Hero MotoCorp tumbled 6.5 per cent from their 52-week high level of Rs 3,243, touched in the intra-day trade on Tuesday, after reports said the Enforcement Directorate (ED) raided the residence of Hero MotoCorp Chairman and Managing Director Pawan Munjal after taking cognisance of a Directorate of Revenue Intelligence (DRI) case. … Continue reading Hero Moto falls 7% from day’s high amid report of PMLA case against Munjal