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Latest Articles in international market

L&T Construction Bags ''Significant'' Contracts For Its Various Businesses

The power transmission and distribution business has bagged an order for the turnkey construction of a sub-station in Saudi Arabia.

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The Middle Classes Have Become Hollowed Out: Nobel Laureate Prof. Abhijit Banerjee

On an exceptionally clear afternoon in August, Manish Kumar Jha of BW Businessworld sought him out in the capital during a visit to India and picked his mind on the state of the Indian economy, India’s privatization programme and the need for centres of excellence in academia which is lacking in advance and cutting edge R&D. The discussion centered on the inflation--rise in prices of consumer products; a “realignment of the market” as it adjusts to the growing inequality among consumers. He advocated injecting more liquidity into the economy. He did not consider the Indian economy to be “unusually closed” in the perspective of the developed West or China. And let the “rupee slide” to promote Indian exports, among other things. Excerpts:

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Gold Gains Rs 389, Silver Jumps Rs 397

Gold was trading higher at USD 1,806 per ounce and silver was flat at USD 26.63 per ounce.

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Apr-Jun Was Toughest Quarter To Manage; Witnessing Recovery Now: TCPL CEO

The Tata group FMCG firm expects growth on a quarter-on-quarter basis for the first quarter of 2021-22, in which it has come back in black, but expects it to be not as good as the corresponding quarter of 2020-21 having high base because of pantry loading in the international market.

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Gold Gains Rs 116; Silver Jumps Rs 161

Spot gold prices for 24 carat in Delhi were up by Rs 116 reflecting strong COMEX gold prices and support from rupee depreciation

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Silver Futures Up On Spot Demand

Silver was up 0.75 per cent at USD 27.9 an ounce in New York.

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Gold Jumps Rs 190, Silver Gains Rs 125

Gold was trading lower at USD 1,890 per ounce and silver was flat at USD 27.65 per ounce.

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Bosch Q4 Net Jumps Six-Folds To Rs 482 Cr

Revenue from operations rose to Rs 3,218 crore during the fourth quarter as against Rs 2,237 crore in the same period of FY20

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Lupin Reports 18 % Increase In Q4 Net Profit At Rs 460 Cr; FY21 Profit At Rs 1,216 Cr

The drug firm noted that its capital expenditure for the fourth quarter stood at Rs 140 crore and for the full year (FY21) at Rs 628 crore.

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Gold Gains Rs 179; Silver Up By Rs 826

Gold was trading with gains at USD 1,836 per ounce and silver was flat at USD 27.65 per ounce.

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L&T Receives Multiple Orders Across Business Segments

L&T's building and factories business has secured another order from a leading cement manufacturer to construct a 3.5 MTPA brownfield cement plant in Nimbahera, Rajasthan.

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Cotton Exports To Jump 20 % In 2020-21 Season: CAI

CAI has slightly increased its cotton crop estimate for the 2020-21 season to 360 lakh bales due to higher production in the north zone. The quantum is higher than the association's projection in February.

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Gold Futures Ease On Low Demand

On the Multi Commodity Exchange, gold prices for June delivery slipped by Rs 57, or 0.13 per cent, to Rs 44,366 per 10 gram in a business turnover of 12,591 lots.

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Silver Futures Up On Spot Demand, Global Cues

On the Multi Commodity Exchange, silver contracts for September gained Rs 129, or 0.26 per cent, to Rs 50,331 per kg in 12,338 lots.

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How India Is Important For International Market In Terms Of Business

With disruptions in China’s manufacturing and production operations and delayed delivery of goods as a result of the ongoing coronavirus outbreak, many global companies are seeking alternative destinations to diversify their supply chains.

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