RBI projects India's FY23 retail inflation at 4.5%

Mumbai (IANS) India's FY23 retail inflation is projected at 4.5 per cent, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday.

Besides, inflation projection for 2021-22 is retained at 5.3 per cent, with Q4FY22 at 5.7 per…

RBI risks falling behind the curve with a dovish stance continuing

New Delhi (IANS) A continued dovish stance by the Reserve Bank of India (RBI) risks the central bank falling behind the curve.

Axis Mutual Fund said the call to maintain the status quo by the RBI continues to surprise market participants. In…

Textile demand momentum to continue in FY23: Ind-Ra

New Delhi (IANS) Reduction in impact of Covid-19's third wave, as well as accelerated re-opening activities, will boost textile demand in FY23, said India Ratings and Research (Ind-Ra).

The ratings agency cited that reduction in logistics…

TigerGraph's million-dollar challenge to inspire innovative uses of graph

New Delhi (IANS) US-based Graph analytics platform TigerGraph on Wednesday launched "Graph for All Million Dollar Challenge" -- a global competition that will search for innovative ways to harness the power of graph technology and machine learning…

'Better not to hear luxury litigation', SC rejects Amazon plea to submit written submission in Future case

New Delhi (IANS) The Supreme Court on Tuesday, pointing at the tactics adopted to drag the litigation, told the Amazon counsel that if it is trying to undermine the understanding of the top court in connection with its arguments and rejected its request…

Indian equities extend losses

New Delhi (IANS) India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous week and traded marginally in the red during early trade on Monday.

At 9.38 a.m., Sensex traded at 58,508…

FII selling ahead of MPC meet dents equities; banking stocks down

Mumbai (IANS) Continuous selling by FIIs ahead of the Reserve Bank of India's MPC meet dragged India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- deep in the red on Monday.

The FIIs pumped out Rs 1,157.23 crore from the…

Frontloading infra spend could bring faster growth: Crisil

New Delhi (IANS) India's Union Budget FY23's investment led push in infra sector is expected to usher in faster economic growth, ratings agency Crisil said.

The majority of Budget 2022-23 massive Capex outlay -- Rs 7.50 lakh crore --…

Equity settles low; Nifty realty, PSU bank, media, auto in red

New Delhi (IANS) India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- settled marginally in the red on Friday due to continued profit booking after the recent rally.

Also, subdued global cues weighed on the broader…

IndiGo's Q3FY22 net profit up over Rs 129 cr, Rahul Bhatia appointed MD

New Delhi (IANS) Airline major IndiGo on Friday reported a net profit of Rs 129.8 crore on a year-on-year basis in Q3FY22.

The airline had posted a net loss of Rs 620.1 crore in the year-ago quarter.

Its total income for the quarter…