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MPC may maintain status quo for 8th time in a row
Respondents cite moderate inflation data, outlook for food prices, high growth
Online sales blaze as consumers click to stay cool
Online sales have surged during the heatwave, with consumers opting to stay indoors to avoid the scorching heat and shop online instead.
Tamil Nadu likely to be hub for TaMo-JLR's EV exports
June Tata Motors is likely to make Tamil Nadu a hub for exporting electric vehicles (EVS) based on the Electrified Modular Architecture (EMA) from Jaguar Land Rover (JLR), sources close to the development said.
Rising mercury quenches FMCG thirst
With heatwave persisting in most parts of the country, fastmoving consumer goods (FMCG) companies continue to report a sharp increase in the sales of summer-centric products like ice creams and cold beverages.
Indian-American Bruhat Soma wins National Spelling Bee
Bruhat Soma, a 12-year-old IndianAmerican seventh-grade student from Florida, has won the Scripps National Spelling Bee after he spelt 29 words correctly in the tiebreaker, maintaining the dominance of the children from the small ethnic community in the prestigious competition.
Charging ahead
Chandra tells SOHINI DAS why he is determined to focus on net carbon zero rather than lose track to distractions
WIND BENEATH INDIGO'S WINGS
Turboprop planes have helped IndiGo rule the regional aviation network for the last five years. And there might be more coming
S&P may raise ratings if fiscal glide path stays
Says will closely observe India's policy for 2 yrs
Georgia reaches out to India to begin FTA talks
Georgia, the Southern Caucasus country, has reached out to India to start negotiations for a free-trade agreement (FTA), said a person aware of the matter.
States hit 84% of FY24 capex target
The provisional accounts of 25 states for the financial year 2023-2024 (FY24) showed they achieved 84 per cent of the budgeted capital expenditure, with four states Uttar Pradesh, Telangana, Bihar, and Sikkimspending 100 per cent or more than the targeted amount, according to data compiled by the Comptroller and Auditor General of India (CAG).
Tata Capital eyes 35% rise in FY25 retail loans
Tata Capital expects its retail loan portfolio to grow 35 per cent in the financial year 202425 (FY25) - slightly slower than the previous year due to a high base effect and a slowdown in personal loans due to regulatory action, said a senior executive of the company.
NIFTY SEES RARE DECLINE AFTER 3 MONTHS OF GAIN
The benchmark Nifty ended May with a decline of 0.3 per cent, snapping its three-month winning streak, amid heightened volatility.
After rally, NMDC stock to price in positives
NMDC, the country's largest ironore miner, posted a consolidated revenue in the January-March quarter of FY24.
Some economic sectors trading at ‘euphoric valuations
The Indian stock market is a mix of optimism about the economy and \"euphoria\" that is not linked to fundamentals, said analysts at Kotak Securities ahead of election results on Tuesday.
'Markets expect NDA to form govt with a comfortable majority'
Lok Sabha 2024 election results will be announced in a few days.
Flls turn bearish ahead of exit polls
Foreign institutional investors (FIIs) have become bearish ahead of Lok Sabha election results on June 4 and exit polls this weekend.
Tainted promoters misusing ARCS: RBI
Asset reconstruction companies (ARCs) are acting as a front for promoters who have defaulted by bidding on their behalf in the bankruptcy process, Reserve Bank of India's (RBI's) deputy governor, M Rajeshwar Rao (pictured), has said in an interaction with the chief executives of debt recast firms.
Coal stocks at 45 mt to meet peak power demand
Coal stocks at thermal power plants continue to be more than 45 million tonnes (mt), adequate to meet the requirement for 19 days, amid peak power demand due to heat wave conditions.
Tracking rise of India's physical gold reserves
Physical gold holding of the Reserve Bank of India (RBI) stood at 822.10 tonnes as on March 31, 2024, an increase of 27.47 tonnes compared to 794.63 tonnes on March 31, 2023.
Growth of unsecured retail credit slows
The pace of growth in unsecured retail credit, loans with out collateral, and credit cards slowed sharply in April 2024, showing the impact of the Reserve Bank of India's (RBI's) steps to curb high growth in these segments.
Opec meet to shape India's Russian oil purchases as May levels stay high
The extent of India's import of cheap, discounted Russian oil, which is linked to the financial health of oil-marketing companies, led by Indian Oil, in 2024 hinges on the outcome of a meeting of some of the world's top oil-exporting nations in early June, said industry officials.
Canara Bank to raise up to ₹8.5K cr
Lender to sell 14.5% in life insurance arm via IPO
India eyes multiple mineral pacts with African nations
Private players will be invited to take part in exploration, trade within those countries
Trump guilty on all counts
First former US prez to be convicted of a felony crime
SArabia to sell atos $12 bn worth of Aramco shares
Saudi Arabia confirmed plans to sell shares in its giant stateowned oil company in a deal that could raise as much as 44.8 billion Saudi riyals ($11.95 billion) for the kingdom, as it seeks funds to pay for a massive economic transformation plan.
Japan spends record $62 bn in a month to prop up yen
Japan spent a record ¥9.8 trillion ($62.2 billion) in the last month to prop up the yen after it fell to a 34-year low against the dollar, surpassing the total amount it used in 2022 to defend the currency.
Biden allows Ukraine to hit Russia with US arms
President Joe Biden has given Ukraine the go-ahead to use American weaponry to strike inside Russia for the limited purpose of defending Kharkiv, according to three US officials familiar with the matter.
OpenAI: Stalled attempts by Israel-based firm to interfere in Indian polls
OpenAI, the creators of ChatGPT, has said it acted within 24 hours to disrupt deceptive uses of AI in covert operations focused on the Indian elections, leading to no significant audience increase.
'Will take decisive steps to stabilise banking system'
FM says the Modi government had turned banks into 'pillars of Jan Kalyan'
Moody's sees GDP expanding 6.8% in 2024 on post-poll policy continuity
Moody's Ratings on Friday projected India to grow 6.8 per cent in the current year (2024), followed by 6.5 per cent in 2025, on the back of strong, economic expansion, along with post-election policy continuity.