Articles for Hit Growth

LIC Q4 net rises 2.5% to ₹13,763 crore; wage arrears, benefits hit growth
6 months, 3 weeks ago

LIC Q4 net rises 2.5% to ₹13,763 crore; wage arrears, benefits hit growth

The Hindu  

Life Insurance Corporation of India reported fourth quarter standalone net profit grew marginally by 2.49% to ₹13,763 crore as compared with ₹13,428 crore in the year ago period due to the impact of sharply higher employee remuneration arrears and welfare expenses. During the quarter the corporation earmarked ₹13,750 crore towards employee remuneration and welfare as compared with ₹10,381 crore in …

Share Crore Individual Compared Lic Hit Growth
RR Kabel stock jumps over 10% to hit record high as profit more than doubles in Q2
1 year, 1 month ago

RR Kabel stock jumps over 10% to hit record high as profit more than doubles in Q2

Live Mint  

Shares of RR Kabel hit their record high in intra-day deals on Tuesday after the company's net profit more than doubled in the September quarter of FY24. The RR Kabel stock was listed on the exchanges on September 20 at ₹1,180, a 14 percent premium over the issue price of ₹1,035. The firm's consolidated net profit surged 112 percent to …

Stock Crore Ipo Rr Kabel Rrk Rr Kabel Stock Kabel Hit
China’s premier says economic growth is accelerating and the country can hit its 5% target this year
1 year, 5 months ago

China’s premier says economic growth is accelerating and the country can hit its 5% target this year

Associated Press  

BEIJING — China’s No. 2 leader said Tuesday that economic growth accelerated in the latest quarter and expressed confidence it can hit the ruling Communist Party’s official target of 5% for the year. Premier Li Qiang, speaking at a conference in the eastern city of Tianjin, gave no figure for the three months ending in June but said it was …

Growth China Economic Growth Economic
Latest Amazon job cuts hit streaming platform Twitch
1 year, 9 months ago

Latest Amazon job cuts hit streaming platform Twitch

LA Times  

Amazon on Monday announced 9,000 job cuts after it had already laid off 18,000 employees earlier this year. The units affected include advertising, human resources, the cloud-computing business Amazon Web Services and Twitch, a platform for creators, known for livestreaming video game play. “This was a difficult decision, but one that we think is best for the company long term,” …

Amazon Wang Twitch Streaming Platform Job Cuts
Services sector growth hit 6-month low in September
2 years, 2 months ago

Services sector growth hit 6-month low in September

The Hindu  

India’s services sector stuttered in September as new business and output growth grew at the slowest pace since March 2022, as per the S&P Global India Services Purchase Managers’ Index which dropped to 54.3 from August’s robust 57.2 level. September marked the 14th successive month of growth in services sector activity, but price pressures, an increasingly competitive environment and ‘unfavourable …

Growth Services Sector Low Rupee Pmi
Profits of China's non-ferrous metal firms to hit 200b yuan in H1
2 years, 7 months ago

Profits of China's non-ferrous metal firms to hit 200b yuan in H1

China Daily  

A technician works on the production line of a machinery company in Luannan county, Hebei province. BEIJING -- Companies in China's non-ferrous metal industry are likely to see their combined profits climb 20 percent year-on-year to 200 billion yuan in the first six months, according to industry estimates. In the first half of this year, the sector is expected to …

China Metal
GDP grew 5.4% in Q3, as construction and manufacturing take a hit
2 years, 9 months ago

GDP grew 5.4% in Q3, as construction and manufacturing take a hit

The Hindu  

India’s gross domestic product is estimated to grow at 8.9% in 2021-22 instead of 9.2% estimated earlier, with year-on-year growth in the October to December 2021 period slipping to 5.4% from 8.5% in the previous quarter, as per the second advance national income estimates released on Monday. India’s GDP had shrunk 6.6% in 2020-21, with the first half of the …

Growth Quarter Gdp Grow Nso