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Mumbai: India's largest cigarette maker ITC Ltd on Tuesday said first-quarter net profit grew 16 percent, lagging forecasts although sales beat market expectations. India's fourth-biggest company by market value said net profit rose to 21.9 billion rupees ($364.36 million) for the quarter ended June 30, up from 18.9 billion rupees in the same period a year earlier. Net sales rose 25 percent to 91.6 ...
Indian equity, debt and commodity markets are closed today on account of Id-Ul-Fitr (Ramzan Id).Yesterday, the Nifty slipped and closed at its lowest level since July 21 at 7,749. The Sensex was off 0.5% to close at 25,991.On Wednesday, Bank of India, Bharat Forge, Dr Reddy's Lab, IRB Infra,  Lupin are likely to announce their earnings.Global MarketsAsian shares touched fresh three-year highs ...
Gold was little changed just above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors also focusing on U.S. jobs data and a Federal Reserve policy meeting this week. The Fed kicks off its two-day meeting later on Tuesday, with markets watching for clues as to when the U.S. central bank will begin increasing interest rates. The Fed will make ...
New Delhi: Gold prices moved down marginally in a lacklustre trade at the bullion market here on Monday due to poor local buying interest as well as subdued demand from jewellery stockists. On the other hand, silver rallied further and reclaimed the Rs 45,000 per kg level on frantic speculative offtake amid higher industrial demand. Standard gold (99.5 purity) eased by Rs 5 to end at Rs 27,895 per ...
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