Mon, Dec 23, 2024 12:31 PM
Intellect Design shares up 10% on strong volumes
A Flip by Shubhangi Gupta
The United States’ push to get India to reduce import duties may not yield much for the country, as less than 4 percent of the products from the North American country attract tariffs of over 30 percent, according to a Moneycontrol analysis. US Ambassador to India Eric Garcetti called for tariffs to be lowered on December 20.
Open Flip
Copper prices edged higher in London on Monday as they recovered to recent technical averages from last week's fall, although dwindling pre-Christmas liquidity kept them in a tight range. Three-month copper on the LME rose 0.4% to $8,977 per metric ton by 1103 GMT. The metal, used in power and construction, lost 1.2% last week as the dollar hit a two-year high.
Open Flip
The mall vacancies are now at just 8.3%, down from 15.5% in 2021 as demand continually outstrips supply, per a report by Anarock. The demand was higher than supply for the third consecutive year; over 3.1 mn sq ft retail space leased in H1 2024. In the meantime, rental values across prominent high streets are on the rise - and are expected to continue the ascend till quality new supply is added.
Open Flip
