Lufthansa (Photo: Unsplash) Lufthansa’s bid for a minority stake in Italian rival ITA Airways could harm competition and lead to higher prices, EU antitrust regulators said on Monday, ramping up pressure on the German carrier to come up with stronger remedies. “A risk of a competition issue is of course that prices go… Continue reading Lufthansa, ITA Airways deal may lead to higher prices: EU watchdog | World News
Tag: higher
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
Equity markets settle higher for 2nd day, unfazed by global trends
Benchmark equity indices ended with gains on Monday, extending their previous day’s rally, unfazed by a weak trend in global markets amid buying in Mahindra & Mahindra, Infosys, Tata Consultancy Services and Reliance Industries. However, continuous foreign fund outflows prevented markets from registering a sharp rally. The 30-share BSE Sensex… Continue reading Equity markets settle higher for 2nd day, unfazed by global trends
Burger King’s India operator posts wider Q1 loss on back of higher costs
Total expenses increased over 21 per cent to Rs 672 crore, with cost of materials consumed climbing 26 per cent due to rising costs of ingredients including cheese and vegetables Restaurant Brands Asia on Monday reported a steeper first-quarter loss, as Burger King’s India operator incurred higher raw material expenses while also spending heavily… Continue reading Burger King’s India operator posts wider Q1 loss on back of higher costs
Muslim student enrolment in higher education up by 183,000 in 2016-21: MoE
The minister shared the statistics from the All India Survey on Higher Education, 2020-21, in response to a written question in the Rajya Sabha. The enrolment of Muslim students in higher education institutions increased to 19.22 lakh in 2020-21 from 17.39 lakh in 2016-17, Union Minister of State for Education Subhas Sarkar said on… Continue reading Muslim student enrolment in higher education up by 183,000 in 2016-21: MoE
Stock Market Live: US, Asia-Pacific indices trade higher; Brent at $85/bbl
Stock Market Live Updates: At 6:55 am, the Gift Nifty quoted around 19,892 levels, up 49-odd points Source link
Retail inflation for industrial workers rises in June due to higher prices
Retail inflation for industrial workers inched up to 5.57 per cent in June compared to 4.42 per cent in May this year, mainly due to higher prices of certain food items. “Year-on-year inflation for the month stood at 5.57 per cent compared to 4.42 per cent for the previous month (May) and 6.16… Continue reading Retail inflation for industrial workers rises in June due to higher prices
Erratic rainfall may lead to higher inflation in near term: BoB research
Economics research department of Bank of Baroda (BoB) said that erratic rainfall across the country has resulted in lower ‘kharif’ sowing this year which is likely to translate into higher inflation in the near term. A report prepared by the department said that rainfall has been six per cent above the long-period average… Continue reading Erratic rainfall may lead to higher inflation in near term: BoB research
Asia-Pacific indices trade higher; Brent at $84/bbl
Stock market live updates: At 7:05 am, the Gift Nifty quoted 19,784 levels, up 33-odd points Dalal Street is likely to start Monday’s trade on a positive, amidst strong global cues. At 7:05 am, the Gift Nifty quoted 19,784 levels, up 33-odd points. …Read More No article available in this category. View 0 More Updates… Continue reading Asia-Pacific indices trade higher; Brent at $84/bbl
JTL Industries’ Q1 profit more than doubles to Rs 25 cr on higher revenues
The company’s revenues from operations also rose by 37 per cent to Rs 504.80 crore, from Rs 368.03 crore in the year-ago quarter | Illustration: Ajay Mohanty Steel pipes maker JTL Industries Ltd’s consolidated net profit has more than doubled to Rs 25.37 crore during June quarter, on account of higher revenues. It… Continue reading JTL Industries’ Q1 profit more than doubles to Rs 25 cr on higher revenues