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.
Across the country as well, diesel prices fell between 18-25 paise per litre while petrol remained at the same level prevailing for the last one month
Diesel and petrol prices were slashed in April and July as the pump price of auto fuels has been static since 18 July
The top gainers on the Sensex were UltraTech Cement, HDFC Bank, and Bajaj Finance, while the only losers were ICICI Bank, Titan Company, Kotak Mahindra Bank, and ITC.
The scheme's objective is to refund currently un-refunded duties, or levies, at the Central, State, and local level, borne on the exported product, including prior stage cumulative indirect taxes on goods and services used in production.
The BW Best CFO Award was presented to Subodh Gupta in a virtual ceremony at the 5th edition of the CFO & Finance Strategy Summit & Awards 2021.
