Fresh turbulence in U.S. banks coupled with debt-ceiling worries in Washington will put the recent world-market stability to the test in May. Wednesday’s U.S. inflation data and Bank of England interest rate decision are also highlights on the calendar, whereas the Chinese data will issue a reality check after March’s surprise. UK businesses may see an uptick due to increased buying groceries and buying coronation memorabilia leading up to King Charles’ coronation. Lastly, finance ministers and central bankers from G7 advanced countries are meeting in Japan to address bulging debt burdens, spillover effects of Russia’s war against Ukraine, and global inflation and supply chain pressures.
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore,
January 15, 2025