Citi anticipates a robust global economy and adjusts its earlier projection of three rate cuts for the US this year to one or two, citing disappointing inflation figures in the first quarter. In an interview, Nathan Sheets, Global Chief Economist at Citi, said that geopolitical realities and the tensions between the United States and China are a major headwind to the Chinese economy going forward.
Open FlipHT Media Q4 Results: HT Media declared their Q4 results on 08 May, 2024. The topline increased by 5.21% & the profit came at ₹1.25cr. It is noteworthy that HT Media had declared a loss of ₹14.96cr in the previous fiscal year during the same period. As compared to the previous quarter, the revenue grew by 4.86%. The Selling, general & administrative expenses rose by 6.73% q-o-q.
Open FlipTata Power Q4 Results: Tata Power declared their Q4 results on 08 May, 2024. The topline increased by 27.24% & the profit increased by 15.11% YoY. Compared to the previous quarter, the revenue grew by 8.16% and the profit decreased by 6.06%.The Selling, general & administrative expenses rose by 10.49% q-o-q & increased by 27.41% Y-o-Y. The operating income was up by 3.46% q-o-q.
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