PC Jeweler Ltd on Tuesday reported a 28 per cent rise in consolidated net profit to Rs 190.10 crore in the quarter ended December, mainly on festive demand. Net profit stood at Rs 147.96 crore in the year-ago period. Total income grew to Rs 900.51 crore in the October-December period of this fiscal from Rs […]
Two-wheeler sales are expected to outpace passenger cars for the rest of the year, driven by strong festive demand, improved rural sentiment and selective discounting. An industry update from PhilipCapital shows that discounts in the two-wheeler segment are highly selective, while discounts for passenger cars are gradually decreasing. The report added that rural demand picked […]
Gold prices continued their decline on Wednesday, retreating further after a record rally earlier this week as traders cashed in on gains and sentiment improved after signs of thawing US-China relations. Spot gold fell 0.4% to $4,109.19 an ounce, following Tuesday’s steep 5% decline, the sharpest one-day drop since August 2020. The reversal came after […]
Gold prices took a breather on Saturday and Sunday after hitting record highs ahead of Diwali, while jewelery stores across India witnessed a festive rush on Dhantera purchases. In the national capital, 24-carat gold fell by Rs 2,400 to Rs 1,32,400 per 10 gram on Saturday, according to the All India Sarafa Association, after hitting […]
The car industry of India witnesses an increase in the festive question, but vehicle makers are confronted with delivery blocks due to the delivery due to a shortage of trucks, trailers and rare earth magnets, De Times or India reported. The situation had car manufacturers raced by time to ensure that customers get their vehicles […]
Shares of Bajaj Finserv and Bajaj Finance rose by 3.5% to RS 2.034.40 and 5.8% to RS 948.20, on Thursday after the government has announced a considerable GST rate rate on the most important sustainable of the consumer. The goods and service tax (GST) on items such as air conditioners, televisions above 32 inches, monitors […]