Profit halved at CTBC Financial - Taipei Times taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Stocks in news: Tata Power, Bajaj Finance, Polycab India, Bank of Baroda, Gland Pharma and more Stocks in news: Tata Power, Bajaj Finance, Polycab India, Gland Pharma and more BusinessToday.In
Updated Jul 22, 2021, 9:43 AM IST
Sensex and Nifty opened higher today amid positive global cues. Sensex was trading 407 points higher at 52,604 and Nifty gained 112 points higher at 15,744.
Here s a look at stocks that are likely to remain in news today.
Bajaj Finserv: The NBFC reported an over 31 per cent fall in consolidated net profit at Rs 833 crore in Q1 against net profit of Rs 1,215 crore in the same quarter of the preceding fiscal.
Cathay Financial reports NT$12 95bn in profit, making up for loss last year taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
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Beijing/Mumbai: Renewed virus restrictions across Asia have weakened consumer spending, but inflation may keep ticking higher in some of the region s biggest economies.
China s consumer prices will climb an estimated 80 basis points next year, the most in Asia, followed by Indonesia seen observing an increase of three quarters of percentage point, according to economists surveyed by Bloomberg. Analysts see the biggest price falls in the Philippines, where inflation is seen easing 1.2 percentage points.
Diverging inflation paths will determine the different paces at which Asia s monetary authorities start to wind down pandemic-era stimulus. In South Korea, where a gauge of consumer prices ran at 2.4 per cent last month, the central bank is expected to start raising interest rates this year. The Reserve Bank of Australia is seen hiking in 2023.