IMF-backed reforms have stabilised the market but left Ethiopia’s central bank grappling ...
Ethiopia's central bank, the National Bank of Ethiopia (NBE), has recorded losses equivalent to $2.6 billion following the ...
IndiGo’s December quarter profit plunged 78% after mass flight cancellations, while forex losses and rising costs dragged 9M earnings. Capacity growth continues, but near-term pressures persist.
Weak currency, labour reforms and passenger compensation costs dragged Indigo's earnings.
Slower growth outlook, rising cost pressures and regulatory uncertainties kept some brokerages cautious on near-term visibility.
One-off costs and forex losses pulled down Q3 profit, but stable revenue and a strong balance sheet underline IndiGo’s underlying business strength ...
Despite the impact, brokerages remain unfazed over the company's growth prospects. They note revenue growth of 6% year-on-year to ₹23,470 crore, driven mainly by higher passenger revenue, which also g ...
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For FX traders, geopolitics matters because currencies reflect trust and liquidity. That is why geopolitical headlines, even when indirect, can trigger sharp moves in major FX pairs. In the Greenland ...
Gold (XAU/USD) prolongs its weekly uptrend and advances to a fresh all-time peak, around the $4,967 region, during the Asian ...