Berger Paints anticipates revenue growth to Rs 20,000 cr in five years.
In the next five years, Berger Paints India, the second-largest paints company in the nation, expects revenues to double to approximately ‘20,000 crores, driven by a general increase in its…
Cotton production in North India might not alter
As Punjabi farmers are expected to reduce the acreage during the kharif planting season, the area under cotton in North India is unlikely to increase from levels seen last year.…
The rupee advances 14 paise to end the day at 82.58 to the U.S. dollar.
On Friday, the rupee strengthened versus the US dollar by 14 paise to 82.58 (provisional), helped by foreign capital inflows and an uptick in domestic markets. However, the strong US…
Oil declines due to mixed messages from OPEC+ and Russia and a stronger dollar
A stronger dollar and confusing messages from Saudi Arabia and Russia ahead of the next OPEC+ policy meeting contributed to the decline in oil prices in early trade on Friday.…
HDFC Bank will merge in 4-5 weeks, analysts predict that the bank’s margin will decline.
Just 4-5 weeks away, the HDFC-HDFC Bank Ltd merger will result in a lower net interest margin (NIM) for the institution this year, brokerages said on Thursday, the day after…
Cotton declines as farmers begin to sell their goods
Cotton prices yesterday decreased by -0.59% to 57500 as farmers who had been hanging onto their crop in anticipation of a return to record-high prices from the previous year have…
Menthol prices decreased due to favorable sowing circumstances and insufficient export demand
Due to improved planting conditions in UP and Bihar and sluggish export demand, menthol oil yesterday declined by 0.6% to settle at 961.6. Efforts to plant have benefited from the…
Crude oil prices decline as a result of US debt worries
Early Thursday morning Asian trade saw a decline in oil prices as concerns over whether the US will escape a financial default outweighed the potential for more production cutbacks from…
The strong export demand and anticipated stock reductions benefit Jeera
Due to strong export demand and predictions of fewer supplies at the end of the current marketing year, jeera yesterday finished up 1.35% at 44695. Prices increased as concerns about…
Natural gas increased due to expectations of increased consumption
The price of natural gas yesterday increased by 1.83% to 211.6 due to projections for colder this week and warmer next week, which should increase demand more than initially anticipated…