India’s retail inflation likely to ease: Report

New Delhi (IANS) India’s retail inflation based on the Consumer Price Index (CPI) is expected to ease to 5.5 per cent in November due to a decline in food prices, according to a Morgan Stanley report. 

"We expect CPI inflation to edge downwards…

Tata Motors, Kia India to increase prices across passenger vehicles portfolio

New Delhi (IANS) Tata Motors on Monday announced to hike prices by up to 3 per cent across its passenger vehicles (PVs) portfolio, including electric vehicles (EVs). 

Effective from January, the price increase will vary depending on model and…

India’s surging FDI inflows surpass $1,000 billion milestone in last 4 years

New Delhi (IANS) Foreign Direct Investment (FDI) inflows into India in the period between April 2000 to Sept 2024 have soared to $1,033.40 billion mark, reflecting the increasing investment opportunities in the country’s fast-growing economy, as per…

Mcap of six of top-10 most valued firms surges Rs 2.03 lakh crore, TCS biggest winner

Mumbai (IANS) The combined market valuation of six of the top-10 most valued firms surged Rs 2.03 lakh crore last week as the Indian stock market ended with gains. 

In the trading session from December 2 to December 6, Nifty closed at 24,677…

UPI provided credit access to poor, fuelled equitable growth: Study

New Delhi (IANS) India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth by enabling underserved groups, including subprime and new-to-credit borrowers to access formal credit…

Mahindra to contest brand rights of BE 6e with IndiGo in court

Mumbai (IANS) Leading automaker Mahindra on Saturday said it will strongly contest the brand rights of its electric SUV ‘BE 6e’ in court, after InterGlobe Aviation Limited, which runs IndiGo airline, sued Mahindra over using the name ‘6E’. 

Mahindra’s…

India clocks impressive 67 pc growth in total exports in 10 years

New Delhi (IANS) As demand for Indian products in the global market surges across categories, the country’s total exports reached about $778 billion in FY2023-24, compared to $466 billion in FY2013-14 — a whopping 67 per cent growth. 

India’s…

Share market ends flat, Sensex settles at 81,709 after RBI MPC decisions

Mumbai (IANS) The Indian stock market closed flat on Friday after the announcement of the RBI's Monetary Policy Committee (MPC) decisions on repo and CRR rates, as selling was seen in IT, financial services, and pharma sectors and buying was seen…

CRR cut to support growth, repo rate decision on expected lines: Industry

New Delhi (IANS) The RBI’s decision to cut the cash reserve ratio (CRR) by 50 bps would help support growth, after the revision in the GDP forecast for FY25, industry experts said on Friday. 

The Central Bank’s monetary policy committee (MPC)…

RBI lowers GDP growth forecast to 6.6 pc

New Delhi (IANS) The Reserve Bank has scaled down its forecast for India’s GDP growth for 2024-25 to 6.6 per cent from 7.2 per cent earlier, RBI Governor Shaktikanta Das announced on Friday.

He explained that the decision had been made as the…