Apparel brand Under Armour on Thursday raised its annual profit and margin predictions, anticipating that lower input and freight costs would help overcome poor demand in North America, sending its shares up 6 per cent. The firm is relying on decreased manufacturing costs to boost profits at a time when demand for its garments and footwear has […]
People in Bhopal celebrated the consecration of the Ram Lalla idol on Monday in the same way they do during Diwali. Traders estimate that firecrackers worth over Rs 2.5 crore were sold in the city during the previous 3-4 days. Even on Monday, the firecracker market was buzzing with activity. Traders reported that the firecracker […]
As the majority of Indian micro, small and medium enterprises (MSMEs) continue to face debt and delayed payments, about 90 per cent are confident about India’s economy In 2024, according to a study by NeoGrowth, an MSME-focused non-banking financial company (NBFC). The MSME business confidence Study revealed that about 91 per cent of MSMEs expect […]
Wholesale inflation in India, based on the Wholesale Price Index, is back in positive territory after staying in the negative zone for the seventh straight month until October. Data released by the Ministry of Commerce and Industry on Thursday afternoon showed India’s wholesale inflation in November stood at 0.26 per cent. In October, it was […]
Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone in May. It hit a three-year low at minus 3.48 per cent in May, as against minus 0.92 the previous month, official data released by the Ministry of Commerce and Industry showed on Wednesday. The decrease in wholesale […]
