Economic Indicators
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Paytm Hits Fresh All-Time Low on Jan 19; Tanks 26% in 12 Sessions
By Malvika Gurung Investing.com -- Shares of the fintech player Paytm (NS:PAYT) declined 3.8% to Rs 1,002.05 apiece at 2:10 pm, after sinking 5% to record a fresh all-time low of Rs...
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Biocon Surges 5% on Brokerage Upgrading TP at 27% Upside & More
By Malvika Gurung Investing.com -- Shares of the biopharmaceutical major Biocon (NS:BION) surged 4.9% to Rs 365.75 apiece at 1:15 pm, post an upgrade from the foreign brokerage Morgan...
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Reliance Jio Prepays All Spectrum Dues Worth Rs 30,791 Cr, Saves Rs 1,200 Cr p.a.
By Malvika Gurung Investing.com -- Private telecom company Reliance (NS:RELI) Jio informed on Wednesday that it has paid all dues along with accrued interest, towards the entire deferred...
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Australia Consumer Sentiment Slips in January on Omicron Surge
(Bloomberg) -- Australian household sentiment dropped this month in response to a surge of coronavirus cases that exacerbated existing supply chain problems and prompted shoppers to turn...
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New York Manufacturing Gauge Slumps, Hinting at Omicron Effect
(Bloomberg) -- A gauge of New York state manufacturing slumped in January from a month earlier as measures of orders and shipments retreated sharply, suggesting the omicron variant of the...
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Reliance Retail Picks 54% Stake in Robotics Co for Rs 983 Crore: Details
By Malvika Gurung Investing.com -- The retail arm of the conglomerate Reliance Industries (NS:RELI), Reliance Retail has acquired a majority stake of 54% in the domestic robotics startup...
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China’s Economy Grows at Slower Pace, PBOC Cuts Key Interest Rates
By Gina Lee Investing.com –China’s economy grew slower in 2021, potentially impacted by a property market slump. The slower growth also prompted the People’s Bank of China (PBOC) to cut...
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China Growth Slows as Developer Woes Deepen: Evergrande Update
(Bloomberg) -- A slowdown in growth underlined the impact of the property market slump on China’s economy with the central bank cutting a key interest rate for the first time since early...
