Indian Rupees appreciated 44 Paise to 79.30 against the US dollar (21.6 versus Dirham) in the opening trading on Wednesday, mainly due to the inflow of foreign funds. In addition, positive opening in Indian equity amid inflationary pressures that moderate encourages investor sentiment, according to Forex dealers. In the Indian Interbank Foreign Eversal, Rupee opened […]
UK inflation hits new 40-year high of 10.1% as food and energy price surge continues
London-British inflation rises to the highest 40 years in July because the price of the spiral food and energy continues to intensify the country’s historic extortion in the household. The consumer price index increased by 10.1% per year, according to estimates issued by the National Statistics Office on Wednesday, above the Reuters consensus estimate of […]
Flipkart advertising helps Walmart ad business grow 30% in June quarter
The Global Walmart advertising business grew almost 30 percent in the June quarter (Q2), led by Flipkart Advertising and the US Ad Sales, said retail majors on August 16. The company sees that Q2 revenue rises 8.4 percent to $ 153 billion and says that growth is partly driven by inflation. Flipkart owners see that […]