Search For "slump"
Pak Railway officers to visit China for buying bogies despite economic slu
Updated : 3 years, 9 months ago IST
Lahore [Pakistan], August 9 (ANI): Numerous employees of Pakistan are set to visit China in different groups from August 9 to inspect 230 bogies worth USD 149 million despite the economic crunch as Pakistan Railways (PR) continue to face a deficit of more than Rs 45 billion.
Read More
SBI shares slump 2.4 per cent on disappointing Q1 earnings
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 8 (ANI): The share price of State Bank of India (SBI) slumped on Monday after the country's largest lender announced 7 per cent decline in its standalone net profit for the quarter ended June 30, 2022.
Read More
Pakistani rupee may slump further to PKR 275 per dollar: Report
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is already staring down an economic nightmare and amid this more troubling news keeps coming as IGI Securities Ltd, one of the leading securities firms in Pakistan, said that the Pakistani rupee may slump further to 275 per dollar, media reports
Read More
Credit agency S&P cut Pakistan's credit outlook rating to negative
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media
Read More
Zomato shares recover from recent slump, rise over 5 pc this morning
Updated : 3 years, 10 months ago IST
New Delhi [India], July 27 (ANI): New Delhi [India], July 27 (ANI): Shares of new-age food delivery company Zomato recovered some of the losses that it incurred during the past two sessions. On Wednesday morning, the shares rose over 5 per cent to trade at Rs 43.85.
Read More
Russia-Ukraine conflict, soaring crude oil prices major reasons for rupee
Updated : 3 years, 10 months ago IST
New Delhi [India], July 26 (ANI): The ongoing Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions are major reasons for the weakening of the Indian rupee, which slipped below 80 against the US dollar recently, the government said in Parliament on
Read More
Sensex slumps for second straight day; closes 498 points down
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): The Indian stock markets' key indices slumped by around one per cent on Tuesday dragged by heavy selling pressure in IT and banking stocks ahead of the first quarter earnings report by several large-cap companies and announcement of the US Federal
Read More
Pakistani rupee slumps further to PKR 231 against dollar
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 26 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Tuesday as it dropped to PKR 231 against the dollar in the interbank market, local media reported.
Read More
Slump in Zomato shares continues after expiry of mandatory lock-in period
Updated : 3 years, 10 months ago IST
New Delhi [India], July 26 (ANI): Shares of new-age food aggregator and delivery company Zomato extended their slump for the second day after the one-year mandatory lock-in period for promoters, shareholders, and others ended.
Read More
Tech Mahindra Q1 profit slumps 16 per cent to Rs 1,132 crore
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): IT services firm Tech Mahindra on Monday reported a consolidated net profit of Rs 1,132 crore for the quarter ended June 30, 2022, as compared to Rs 1,353.20 crore in the corresponding period of the last year, registering a year-on-year decline of
Read More
Pakistani rupee slumps to 230 against US Dollar
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 25 (ANI): The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 230, local media reported on Monday.
Read More
Sensex slumps 323 points; M&M, RIL, Kotak Bank dip
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Snapping six straight days of the rally, the Indian stock market's benchmark Sensex was trading 323 points lower in the afternoon session on Monday dragged by heavy selling pressure in Reliance Industries after the company announced lower-than-exp
Read More