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India's Trade Deficit Shrank and Jobless Rate Eased In August, Vehicle Sales Dropped 9%
Sep 16 India's benchmark indexes advanced following a sharp decline in trade deficit and a record low jobless rate in August. Weak consumer demand dragged down passenger vehicle sales by 9% in August.
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India Indexes Flatlined Ahead of Wholesale Inflation and International Trade Data
Sep 15 The Sensex and Nifty indexes meandered, the rupee hovered near a record low, and bond yields held firm ahead of key economic updates later in the week. adaniports sunpharma adanipower mrpl
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Info Edge Struggles to Turnaround Real Estate Unit
Apr 8 Info Edge reported higher revenue in the March quarter, driven by an increase in its core recruitment solution and real estate division. naukri
- Earnings: TCS, Infosys, HCL Technologies
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Manipal Health Agreed to Acquire Medica Synergie to Tap Rising Demand in Smaller Cities
Apr 8 Manipal Health agreed to acquire Medica Synergie. Two hospital chains, controlled by Singapore-based Temasek, ramp up services in smaller cities across India.
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Aster DM Sells Middle East Business for $1 Billion
Nov 29 Aster DM agreed to sell its business located in the Gulf Cooperation Council to a group controlled by the promoters of the company and a private equity group based in the Middle East. asterdm
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Current Account Deficit Widened In Fiscal First Quarter
Oct 1 India's current account stayed elevated on the persistent deficit in international goods deficit and the sharp decline in international flow of funds for portfolio investment.
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Infrastructure Sector Output Shrank in August
Oct 1 India's infrastructure sector output shrank for the first time in August, highlighting the weakness in production of coal, natural gas, and refined crude.
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Receding Trade War Fears Drive Wall Street Indexes to New Record Highs
Sep 16 Wall Street indexes advanced further into record territory ahead of the Fed's rate decisions and receding fears of a sharp escalation of a trade war because of the U.S. tariff policy.
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Accelerating Consumer Price Inflation Complicates Fed's Balancing Act
Sep 11 Consumer price inflation accelerated for the fourth consecutive month in August, complicating the Federal Reserve's task of balancing price stability and maximum employment.
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