ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its FMCG business delivered strong growth. Jefferies, Nuvama, Emkay and DAM Capital remain positive on the stock, with target prices ranging from Rs 300 to Rs 355.
Hung Yen province is accelerating administrative reform and improving public governance to reduce business costs strengthen investor confidence and enhance the efficiency of investment attraction as…
Germany has stored significantly less gas than planned, and if necessary, it wants to buy liquefied gas. Experts warn that this could drive up prices across Europe.
A key document endorsed by the Communist Party proposed stronger oversight of principal leaders below the central level, barring them from demanding personal allegiance from their leadership teams – a…
India’s Finance Minister Nirmala Sitharaman said she’ll consider tax changes on stocks as a prolonged equity-market slump intensifies pressure on policymakers to revive investor confidence.
ISLAMABAD: Chashma Sugar Mills has lodged a complaint with Khyber Pakhtunkhwa Governor Faisal Karim Kundi regarding the non-availability of fertiliser amid restricted supplies.