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Category: Business Updates

Business Updates

Hero MotoCorp October sales jump 26.5% to 5,74,930 units

May 6, 2023By businessreputationdata

Motorcycle sales were at 5,29,341 units last month, as compared to 4,19,568 units in October 2022, up 26.2 per cent, Hero MotoCorp said in a regulatory filing.

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Business Updates

Rate cuts not on agenda, RBI remains extra vigilant on inflation, says Das

May 5, 2023By businessreputationdata

Addressing the Kautilya Economic Conclave 2023, the RBI governor also said price stability and financial stability complement each other and it has been an endeavour at RBI to manage both efficiently.

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Business Updates

Former RBI Governor S Venkitaramanan passes away

May 1, 2023By businessreputationdata

Venkitaramanan, 92, is survived by his two daughters and their families.

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Business Updates

Mutual Funds: Understanding Tax saving Funds and How SIP and Lumpsum Routes Differ

April 30, 2023By businessreputationdata

When it comes to tax-saving funds, the choice between SIP and lumpsum routes holds significant implications for investors. Bajaj Finserv mutual funds platform not only provides a diverse range of tax saving mutual funds but also introduces innovative tools like the lumpsum calculator.

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Business Updates

Oil spoils market mood; VIX rises 11%

April 29, 2023By businessreputationdata

NSE Nifty 50 Volatility Index (VIX), which is a gauge of expected volatility over the course of the next 30 days, rose 11% — the most since March 13, according to Bloomberg.

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Business Updates

Adani-Hindenburg row: No reason to discredit SEBI, says SC, reserves order

April 26, 2023By businessreputationdata

While asking the Securities and Exchange Board of India (SEBI) what it intends to do in future to ensure investors don’t loose wealth due to volatility in stock market or short-selling, the apex court observed it would not be proper for it to set up a special investigation team (SIT) on its own without any material before it.

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Business Updates

Airtel Payments Bank revenue grows 41% to Rs 400 crore

April 25, 2023By businessreputationdata

Airtel Payments Bank said its revenue witnessed a year-on-year growth of 41 per cent to Rs 400 crore in the first quarter ended June 30, 2023.

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Business Updates

Automobile retail sales rise 10% in July: FADA

April 24, 2023By businessreputationdata

Auto mobile retail sales in India witnessed a 10 per cent annual growth in July driven by robust sales across passenger vehicles, two-wheelers and commercial vehicles, industry body FADA said.

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Business Updates

Chief economists expect global economy to weaken in 2024: WEF survey

April 23, 2023By businessreputationdata

Warning of more economic uncertainty on the horizon, the Chief Economists Outlook report of the World Economic Forum (WEF) said the global economic prospects remain subdued.

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Business Updates

NCCF, NAFED to sell tomatoes at Rs 50 per kg amid fall in wholesale rates

April 21, 2023By businessreputationdata

Since July, both NCCF and NAFED have been selling tomatoes at a discounted rate on behalf of the consumer affairs ministry in Delhi-NCR, Uttar Pradesh, Rajasthan and Bihar to boost domestic availability and contain price rise.

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