💡Check out how India is dealing with the tough global economic scenario
Sat, May 14, 2022 1:00 PM

💡Check out how India is dealing with the tough global economic scenario

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📊Worries of slow growth and rising inflation are haunting the global economy. 🏦RBI took its stance against inflation by raising the repo rate by 40 bps and the cash reserve ratio by 50 bps. But what about the GoI’s role? Thankfully, the Indian policymakers have another way to boost growth i.e., microeconomic but with macro consequences -- structural reform.

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Tijaria Polypipes posted its net loss at Rs 7.53 crore in Q4

Tijaria Polypipes posted its net loss at Rs 7.53 crore in Q4

Tijaria Polypipes reported that its net loss for the quarter ended March 2022 stood at Rs 7.53 crore as compared with the net loss of Rs 5.60 crore during the previous quarter ended March 2021. The manufacturer of Heavy Duty Poly Ethylene (HDPE) Pipes posted its sales fell 43% to Rs 13.56 crore in the quarter ended March 2022 as compared with Rs 23.92 crore during the previous quarter last year.

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🎯 Hindalco & Page Industries announcing their Q4 results today!

🎯 Hindalco & Page Industries announcing their Q4 results today!

Around Two-Sixty One companies are expected to announce their Q4'FY22 results today (May 26, 2022). A few of the important ones include ✅ Hindalco Industries Ltd ✅ Page Industries Ltd ✅ Piramal Enterprises Ltd ✅ Zee Entertainment Enterprises Ltd ✅ Colgate-Pamolive (India)Ltd How will the market react today? Stay tuned for more updates from FlipitMoney!

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📊 Top 5 factors to drive Indian capital markets’ movement today🔎

📊 Top 5 factors to drive Indian capital markets’ movement today🔎

✅ SGX Nifty improved by about 0.42% to 16,090 points as of 6:35 am today. ✅ Asian shares improved tracking the Wall Street after the US Fed took a less-than-anticipated hawkish tone on rate hike. ✅ BPCL's net profit plunged by 73% to Rs 2,803 crore in Q4. ✅ Hindalco, NMDC, Page Industries and others are announcing their Q4 results today. ✅ INR closed at Rs 77.52 against the USD on Wednesday.

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