Posts in category Economic Times
Stock to Watch: Bajaj Auto shares in focus ahead of Q2FY25 earnings. Here’s what to expect (16-10-2024)
Shares of Bajaj Auto are set to draw attention as the company is projected to announce a significant YoY revenue increase of 24%-29% for Q2FY25, driven by robust volume growth and higher ASPs. Net profit is also expected to rise by 22%-24%.
Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook (16-10-2024)
Australian and New Zealand dollars fall due to doubts over China’s stimulus and weakening local economic indicators. The New Zealand dollar is further pressured by cooling inflation suggesting aggressive rate cuts, while the U.S. dollar remains strong amid expectations of gradual Federal Reserve rate cuts.