The CEA said food inflation is likely to subside with the arrival of fresh stock and government measures. However, the impact of deficient rains in August is to be watched.
On Thursday, the market regulator released guidelines for investment by mutual fund schemes and asset management companies in CDMDF units.
The company has supplied the first batch of Ultra EV air-conditioned electric buses to Srinagar Smart City Ltd, via TML Smart City Mobility Solutions (J&K) Pvt Ltd, a group company, Tata Motors said in a statement.
Goldman said it expects the focus on capex to continue, but at a slower pace — 10 per cent growth in capex as a base case.
RBI said that at the time of reset of interest rates, Regulated Entities (REs) should provide an option to borrowers to switch over to a fixed rate as per their board-approved policy.
Nageswaran said that tier-2 and 3 cities, including Kerala’s capital, have become game-changers in helping startups flourish in the country due to improvements in infrastructure and supportive policies of the government, according to a KSUM release.
“The company has exchanged correspondences and continues to be in discussion with the lenders for the next steps/waivers. The existing debt as payable by September 30, 2024, is Rs 7,174 crore,” the filing said.
The shorter settlement cycle of T+0 is being considered for the equity cash segment as an optional mechanism in addition to the current T+1 (Trade plus one day) cycle.
Maruti Suzuki Q1 Results: On a quarterly basis, the carmaker’s net profit declined 5.2 per cent to Rs 2,623.6 crore.
ICRA, which estimates Q2 GDP growth at 7 per cent topping the Monetary Policy Committee’s forecast of 6.5 per cent, said growth may slow down in the second half of the financial year ahead of the elections as the impact of slowing capex and tempering of demand because of monetary tightening shows through in full.