Death toll from heavy rains in southeastern states of Brazil jumps to 23 | World News

Heavy rains in Brazil this weekend killed at least 23 people in the southeastern states of Rio de Janeiro and Espirito Santo. Espirito Santos’ state government said Sunday that 15 people died and almost 5,000 were out of their homes due to heavy rains falling since Friday night. Rio authorities reported eight deaths… Continue reading Death toll from heavy rains in southeastern states of Brazil jumps to 23 | World News

M&M jumps 3% as Q1 results impresses Street; brokerages remain bullish

Shares of Mahindra and Mahindra (M&M) rallied 3.6 per cent to Rs 1,518 per share on the BSE in Monday’s intra-day trade, after the company reported 60 per cent jump year-on-year (YoY) in consolidated profit-after-tax (PAT) to Rs 3,508 crore in the April-June quarter of fiscal year 2023-24 (Q1FY24).   So far this… Continue reading M&M jumps 3% as Q1 results impresses Street; brokerages remain bullish

JK Tyre & Industries Q1 PAT jumps four-fold to Rs 153.87 cr, revenue up 2%

JK Tyre & Industries reported a four-fold surge year-on-year (y-o-y) in its consolidated net profit to Rs 153.87 crore in Q1FY24, bolstered by improved operational efficiencies and a consistent sequential rise in top line. Additionally, an exceptional item of Rs 34.5 crore in Q1FY23 contributed to the profit increase. The company’s revenue witnessed a… Continue reading JK Tyre & Industries Q1 PAT jumps four-fold to Rs 153.87 cr, revenue up 2%

World rice price index jumps to near 12-year high in July, says FAO

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

Prices begin to pinch Turkey again, inflation jumps to nearly 48%

Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central bank only expects to peak closer to the middle of next year.   Consumer prices jumped an annual 47.8 per cent, from 38.2 per cent in June, statistics office data showed Thursday. The median forecast… Continue reading Prices begin to pinch Turkey again, inflation jumps to nearly 48%

Consolidated net profit jumps 376% YoY to Rs 588 crore

The consolidated net profit of MRF Limited for the first quarter of the current financial year (Q1YFY24) saw a rise of 376.3 per cent to Rs 588.75 crore, compared to Rs 123.60 crore for the corresponding quarter of the previous year, the company said in a BSE filing. Sequentially, the net profit was up… Continue reading Consolidated net profit jumps 376% YoY to Rs 588 crore

Reliance jumps 16 places, now at number 88 on Fortune Global 500 list

The company has gained a whopping 67 places in the last two years from number 155 in 2021. (Photo via PTI) Billionaire Mukesh Ambani’s Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88. Reliance was ranked at… Continue reading Reliance jumps 16 places, now at number 88 on Fortune Global 500 list

Gold price rises Rs 160 to Rs 60,440, silver price jumps Rs 1,000

The price of 24-carat gold rose Rs 160 during Wednesday’s early trade, with ten grams of the precious metal selling at Rs 60,440 according to the GoodReturns website. Silver price jumped Rs 1,000 with 1 kg of the precious metal selling at Rs 78,000. The price of 22-carat gold rose Rs 150 with… Continue reading Gold price rises Rs 160 to Rs 60,440, silver price jumps Rs 1,000