Across key transport infrastructure segments, non-core revenue streams are assuming growing significance as operators look to diversify revenue to de-risk businesses and subsidise core operations to keep services economical for consumers.
Net household savings declined to a 47-year low of 5.1 per cent of gross domestic product in FY23 as compared to 7.2 per cent recorded in the previous year, as per the data released by the Reserve Bank in its latest monthly bulletin.
Garg explained that affluent families prefer to host weddings with a small guest list in faraway locations where social obligations become less important.
Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the US spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.
After receiving intimation about the demise of an investor, the concerned intermediary will have to obtain the death certificate along with the PAN from the notifier or nominee and verify the death certificate through online or offline mode.
The slight fall was largely caused due to the lower value of petroleum product exports, which account for over 50 per cent of the value of India’s exports to Australia.
The BSE Sensex shed 676.53 points, or 1.02 per cent, to close at 65,782.78. The 30-share index fell by 1,028 points during intraday trades. The broader Nifty ended at 19,526.55, down 207 points, or 1.05 per cent.
In an interaction with Sukalp Sharma, Bosoni talks about the current dynamics of global oil markets and their impact on India, oil demand outlook going ahead, and the likely effect of natural gas, renewables, and future fuels like green hydrogen on the evolution of energy landscape globally. Edited excerpts:
Founded in 2015, Chennai-based LYNK works with FMCG brands as an authorized distributor to retail stores and has a network of over 100,000 retail stores across eight cities.
The mining conglomerate has about USD 1 billion of bonds maturing in January next year, followed by a similar size coming up for payment in August 2024.