Dollar gains as jobless claims point to resilient labour market
Thu, Feb 8, 2024 10:05 PM

Dollar gains as jobless claims point to resilient labour market

A Flip by Shubhangi Gupta
Get it on Google Play
The dollar strengthened on Thursday as US jobless claims decreased, reinforcing the Federal Reserve's decision to not cut interest rates. The drop in unemployment benefits also reflects a strong labor market. However, there may need to be an improvement in global data for the dollar to weaken. Expectations for a rate cut have decreased, leading to higher US Treasury yields.

More great flips

Kothari Petrochem Standalone September 2024 Net Sales at Rs 180.59 crore

Kothari Petrochem Standalone September 2024 Net Sales at Rs 180.59 crore

Reported Standalone quarterly numbers for Kothari Petrochem are: Net Sales at Rs 180.59 crore in September 2024 up 11.79% from Rs. 161.55 crore in September 2023. Quarterly Net Profit at Rs. 16.33 crore in September 2024 down 11.92% from Rs. 18.54 crore in September 2023. EBITDA stands at Rs. 24.34 crore in September 2024 down 16.47% from Rs. 29.14 crore in September 2023.

Open Flip
DBOL Consolidated September 2024 Net Sales at Rs 465.97 crore

DBOL Consolidated September 2024 Net Sales at Rs 465.97 crore

Reported Consolidated quarterly numbers for Dhampur Bio Organics are: Net Sales at Rs 465.97 crore in September 2024 down 13.42% from Rs. 538.18 crore in September 2023. Quarterly Net Loss at Rs. 23.37 crore in September 2024 down 39050% from Rs. 0.06 crore in September 2023. EBITDA stands negative at Rs. 8.35 crore in September 2024 down 142.21% from Rs. 19.78 crore in September 2023.

Open Flip
Maruti Suzuki-promoted company announces free shares for shareholders

Maruti Suzuki-promoted company announces free shares for shareholders

Bharat Seats Ltd., the company promoted by India's largest passenger car manufacturer Maruti Suzuki India Ltd., announced the issue of bonus shares for its shareholders. Bharat Seats will issue one bonus share for every one share held by shareholders as of the record date. Record date for the bonus issue of shares is yet to be determined by the board.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon