For the latest October-December quarter, the Japanese economy shrank at an annual rate of 0.4 percent, and minus 0.1 percent from the previous quarter.
"The delayed start was attributed to the slow processing and generation of backend files for the members. The matter is being examined for identifying the root cause which led to the issue," said the exchange in a press release.
Gold price slipped Rs 70 to Rs 63,300 per 10 grams in the national capital on Thursday amid a fall in precious metal prices in the overseas markets, according to HDFC Securities. The yellow metal prices had finished at Rs 63,370 per 10 grams in the previous trade.
Varun Lohchab discusses the positive outlook for the auto ancillary space and Indian battery companies. The auto component sector is expected to see increased investments and greater content due to premiumization and the Make in India initiative. Battery companies have attractive valuations and are transitioning towards renewables. Overall, there are opportunities across multiple sectors in the current macroeconomy.
Heritage Foods: The dairy producer s consolidated profit rose to 269 million rupees ($3.2 million) for the quarter ended Dec. 31 from 137.3 million rupees a year earlier.