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India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency said on Thursday, as companies start reporting their financials. … Read More
The Reserve Bank of India’s (RBI) proposal to discourage banks from capitalising on penal charges and additional interest loan defaults could potentially weigh on lenders’ revenues going forward, Morgan Stanley … Read More
India’s passenger vehicles sales grew 26.7% in the fiscal year 2022-23, as chip shortages eased and demand for sport utility vehicles (SUVs) surged, an auto industry body said today. Wholesale … Read More
Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of such invoice with effect from … Read More
Benchmark indices declined in initial trade on Thursday after eight days of rally amid weak trends in the US equity markets triggered by fresh concerns over recession. IT counters took … Read More
Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. … Read More
Consumer durables shrink for the third successive month while most sectors record lower output month-on-month | The Hindu
Software major Tata Consultancy Services on Wednesday reported a 14.8 per cent rise in net income to Rs 11,392 crore for the fourth quarter of last fiscal against Rs 9,959 … Read More
‘Fair price of sugarcane has been revised consistently since 2019 while that for sugar has remained stagnant in the same period’ | The Hindu
India’s consumer price index (CPI)-based inflation eased to 5.6 per cent from 6.4 per cent in February, government data showed today. The CPI tracks the change in retail prices of … Read More