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The Big Mac Index turns 40, and here’s the beef: It’s still relevant.●Fed officials who voted to hike rates say action is needed now against inflation●EV prices aren't following the 'law of used cars,' analyst says — what it means for buyers and sellers●Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up●BP Puts Its North Sea Drilling Business Up for Sale●Why cooler PCE inflation data won't fix today’s mortgage rates●Ukraine's central bank raises key rate to 15.5% as inflation risks build●Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady●The Big Mac Index turns 40, and here’s the beef: It’s still relevant.●Fed officials who voted to hike rates say action is needed now against inflation●EV prices aren't following the 'law of used cars,' analyst says — what it means for buyers and sellers●Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up●BP Puts Its North Sea Drilling Business Up for Sale●Why cooler PCE inflation data won't fix today’s mortgage rates●Ukraine's central bank raises key rate to 15.5% as inflation risks build●Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady●

Asia

ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%

Markets-Economic Times · 1h ago · 🇮🇳 India

ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%

ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twenty-eight percent increase during the same period. This financial performance covers the April to June quarter of the fiscal year twenty twenty-seven. The company's standalone net profit stood at rupees three thousand five hundred seventy-nine crore. Revenue from operations reached rupees twenty-six thousand nine hundred forty-three crore for the quarter.

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