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Category: Business Updates

Business Updates

October retail inflation drops to four-month low of 4.87%

August 13, 2021By businessreputationdata

Food prices are still being seen as a risk to retail inflation. Consumer Food Price Index (CFPI) recorded an inflation rate of 6.61 per cent in October as against 6.62 per cent in September, which was revised up from 6.56 per cent.

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Business Updates

Adani keen on increasing its Mumbai Airport stake

August 13, 2021By businessreputationdata

On Wednesday, in a reversal of its earlier decision, the government deferred the move to include international credit card spends outside India under the LRS.

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Business Updates

Sensex slumps 483 pts, Nifty50 falls to 19,500 levels amid Israel-Palestine war; HCLTech, TCS rise

August 13, 2021By businessreputationdata

Barring India Vix, which spurt over 12 per cent, all broader market indices plunged over 1 per cent today.

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Business Updates

China exports decline slower than expected in August as economy remains under pressure

August 12, 2021By businessreputationdata

China’s exports for August slumped 8.8 per cent from the same time last year, totalling $284.87 billion, and were slower than the 14.5 per cent last month, according to customs data on Thursday.

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Business Updates

Market rally hoists Sensex above 66,000 peak; Nifty hits new high

August 11, 2021By businessreputationdata

As of now, market access has not been agreed upon for India, which is being seen as a crucial factor to join the trade pillar (Pillar-I), the official said. India has an observer status on the trade pillar negotiations.

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Business Updates

BMW drives in updated M 1000 RR bike at Rs 49 lakh

August 11, 2021By businessreputationdata

The updated M 1000 RR is priced at Rs 49 lakh while the M 1000 RR Competition is tagged at Rs 55 lakh.

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Business Updates

Hero MotoCorp receives over 25,000 bookings for India-made Harley-Davidson

August 10, 2021By businessreputationdata

Hero MotoCorp said 65% of the bookings for the X440 were for the motorcycle’s top-end variant, priced at Rs 2.69 lakhs.

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Business Updates

RBI panel proposes framework for State guarantees

August 9, 2021By businessreputationdata

State governments may publish/ disclose data relating to guarantees, as per the Indian Government Accounting Standard (IGAS), it said.

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Business Updates

ICRA expects Indian airlines’ FY24 net loss to shrink by up to 82% on healthy traffic, yields

August 8, 2021By businessreputationdata

On the risks from elevated jet fuel prices and rupee depreciation, the ratings agency said that both have a “major bearing” on Indian carriers’ cost structure.

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Business Updates

Banks’ exposure to NBFCs jumps 3.8 times from early 2018 levels; MFs cut exposure by 31.4%

August 7, 2021By businessreputationdata

MFs’ exposure to NBFCs fell from Rs 2.31 lakh crore in 2018 to Rs 1.58 lakh crore by October 2023.

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