Within a year, this is the second successful launch of a residential project from DLF in the Gurugram market.
India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three government sources said.
Rishabh Instruments’ stock began the trade at Rs 460, up 4.30 per cent from the issue price on the BSE. It further jumped 6.49 per cent to Rs 469.65.
“Decline in the rate of inflation is primarily contributed by fall in prices of mineral oils, basic metals, chemical & chemical products, textiles and food products,” the ministry said in a press release.
BankBazaar CEO Adhil Shetty said, “The RBI’s view is that developed economies are nearing a peaking of rates. This is welcome, although inflation is expected to remain elevated for longer than anticipated.”
Shell India has hiked diesel prices by as much as Rs 20 per litre in less than a week’s time, but the dominant public sector fuel retailers continue to keep rates on freeze for a record 18th month in a row.
The UK’s statistics agency said the falling of fuel prices was the biggest driver behind the drop, while food price inflation also pared back, though they remained historically high.
A fixed deposit is an investment instrument where an amount is deposited with banks for a set period and at a fixed rate of interest. Rates on FDs are important for those, especially senior citizens, who are looking for safe investment options.
The sluggish credit growth to the industry indicates that private investments are yet to pick up.
IDFC Ltd shares which closed with a gain of 6.29 per cent at Rs 109.10 has a market capitalisation of Rs 17,455 crore.