RBI MPC member predicts ‘less severe’ high food inflation
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) member highlighted that going ahead, as India develops, the problem of high food inflation would be "less severe".
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) member highlighted that going ahead, as India develops, the problem of high food inflation would be "less severe".
HUL’s sales recorded a marginal increase to Rs 14,693 crore in the fourth quarter as revenue in the beauty and personal care segment fell 2.7 per cent.
Axis Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter of 2023-24 compared to a loss of Rs 5,762 crore in the same quarter last year after it acquired Citi Bank's consumer business in India.
The Association of Indian Medical Device Industry (AiMeD) welcomes the Indian government's decision to review the regulations controlling drug prices, which will cover include medical devices too, an association official said.
On the BSE Sensex, 13 of the 30 stocks ended in the red with TCS, Tech Mahindra, Maruti Suzuki India, Reliance Industries, and Titan were the top drags for the day. JSW Steel, Tata Steel, Power Grid Corp., Kotak Mahindra Bank, and UltraTech Cement, were the top gainers.
The RBI said that the regulation would be effective from April 24, 2024. ARCs, as on October 11, 2022, have been provided a glide path to achieve the minimum required Net Owned Fund (NOF) of Rs 300 crore.
Software development and services (SDS) grew by 9.3 per cent YoY while system integration and support (SIS) went up by 18.6 per cent.
India is showcasing its innovative technologies and power generation practices at the 26th World Energy Congress, being held in the Netherlands from April 22 to 25.
This approval will now allow PayU to onboard new merchants on its platform.
Air India, India’s leading global airline, and All Nippon Airways, the largest Japanese carrier, have signed a codeshare agreement connecting their networks.