US manufacturing activity expands at fastest pace since 2022

US manufacturing activity expands at fastest pace since 2022

US manufacturing activity expanded at the fastest pace since September 2022, powered by stronger orders growth and suggesting producers are breaking out of an extended slump. The S&P Global flash February purchasing managers index advanced to 51.5 from 50.7. Readings greater than 50 indicate expansion and, while only modest, the gauge has shown growth in … Read more

Pork prices surge across Karnataka due to supply shortage and piggery closure

Pork prices surge across Karnataka due to supply shortage and piggery closure

Pandi Curry, a renowned delicacy in Kodagu, is often served during important occasions, including weddings. In Kodagu, where pork is considered a delicacy, the price of pork has doubled in the last three months. | Photo Credit: Divya Chandran Pork prices have been steadily increasing in various parts of Karnataka over the past few months, … Read more

Prices of liquor to increase soon at Tasmac outlets

Prices of liquor to increase soon at Tasmac outlets

As per the release, the price of 180 ml of ordinary and mid-range liquor will be increased by ₹10. Photo: File | Photo Credit: M. KARUNAKARAN The price of liquor sold by the Tamil Nadu State Marketing Corporation Limited (Tasmac) will increase by February 1 owing to the increase in excise duty, a release by … Read more

Realty index closes at 15-year high, ‘stocks a buy on dips’

Realty index closes at 15-year high, ‘stocks a buy on dips’

Mumbai: Real estate stocks were among the top performers on Thursday as the bullish momentum in the sector drove the share prices of many of them to record levels. The Nifty Realty index soared 6.76% – its largest single-day jump since September 2021 – to its highest closing in 15 years as against the Nifty’s … Read more

iPhone 14 prices slashed online

iPhone 14 prices slashed online

iPhone prices slashed online Source link

Learn with ETMarkets: Predicting gold’s future: Insights from past trends

Learn with ETMarkets: Predicting gold’s future: Insights from past trends

In the wake of an all-time high in gold prices post the festive season, investors are closely scrutinising past trends for insights into the potential duration of this rally and the likelihood of a corrective phase in the near future. Historically, gold has exhibited a characteristic pattern of correction, typically around 10%, following a robust … Read more

FPIs change course, buy over Rs 9,000 cr of Indian equities in Nov

FPIs change course, buy over Rs 9,000 cr of Indian equities in Nov

Mumbai: Overseas investors bought Indian equities worth more than ₹9,000 crore in November, reversing two consecutive exit runs in the previous two months, as a decline in energy prices and stable US yields burnished the allure of risk assets in Emerging Markets. Experts believe the trend will continue as India’s economic growth is likely to … Read more

Onion wholesale prices down, but no relief in Bengaluru retail market

Onion wholesale prices down, but no relief in Bengaluru retail market

The price of onions has come down to ₹30-40 per kg in the wholesale market in the backyard of Agricultural Produce and Livestock Market Committee (APMC) in Yeshwantpur, Bengaluru.  | Photo Credit: Jahnavi T R After breaching the ₹100 per kg mark, the price of onions in Bengaluru has come down to ₹30-40 per kg … Read more

Local funds’ equity portfolio value surges, so does heft

Local funds’ equity portfolio value surges, so does heft

The institutional equities assets under management constitute about half of India’s total market capitalisation. Synopsis The equity portfolio value of domestic funds rose to ₹27.90 lakh crore in September 2023, data from NSDL show, driven by increased investment by local funds that offset the impact of redemption by foreign funds (FPIs). ET Intelligence Group: The … Read more