16, Sep, 2019
Prime Day sales burst in July may cause weakness in August retail sales

August

August’s retail sales could be muddied by the negative payback from Amazon Prime Day promotions that sent July sales sharply higher. Friday’s August retail sales report is the last big economic report before the Fed begins its two-day meeting Tuesday. Economists expect a gain of just 0.2%, after a much better than expected […]

Benchmark indices were down around one percent early on September 3. The Sensex was trading at 37,016 level, down over 300 points, while the Nifty slipped 96 points to trade at 10,927. The Nifty Auto was down over 1 percent, dragged by Tata Motors which shed 2 percent followed by Eicher Motors, […]