Kitchen and home appliance maker TTK Prestige reported more than 27 and 15 per cent decline in its profit and revenue, respectively, for the July-September 2023 period on account of subdued demand for consumer durables, despite softening inflation. The Bengaluru-headquartered firm’s standalone quarterly PAT plunged almost a third Y-O-Y to Rs 62.17 crore. Its standalone […]
Minister of Petroleum and Natural Gas Hardeep Singh Puri met the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday and addressed the OPEC crude production cuts and their impact on the global energy sector. “Minister of Petroleum and Natural Gas Hardeep Singh Puri urged OPEC to recognize the gravity of the […]
German Chancellor Olaf Scholz, on Saturday, said that the people globally have been affected by higher prices, energy shortages and food security due to Ukraine war, as per Reuters. In a press conference, on the sidelines of the G20 Summit, the German Chancellor said, “What cannot be not talked about is the Russian war of […]
India’s overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday. In June 2022, the exports were USD 69.20 billion. Overall imports in June 2023 are estimated to be USD […]
Oil prices experienced a decline in early Asian trade on Monday as global macroeconomic uncertainties and the possibility of further interest rate hikes by the US Federal Reserve offset predictions of tighter supplies resulting from OPEC+ cuts. Brent crude futures dropped by 20 cents, or 0.3 per cent, to USD 75.21 a barrel at 0044 […]
