Share List TLI Staff New Delhi: The 25 basis points increase in policy repo rate is on expected lines considering that core inflation remains a concern even as both retail and wholesale inflations have shown downward trend, said EEPC India Chairman Arun Kumar Garodia. “While it is paramount to keepContinue Reading
Share List TLI Staff New Delhi: With no major push for real estate sector in the Union budget and lower inflation forecast, Reserve Bank of India (RBI) could have avoided the increase in policy repo rate, Gaurs Group CMD Manoj Gaur said on Wednesday reacting to RBI’s monetary policy. “HoweverContinue Reading
Share List TLI Staff New Delhi: On expected lines, Reserve bank of India (RBI) on Wednesday raised policy repo rate by another 25 basis points (0.25%) to 6.50% to contain inflation. The increase in repo rate is set to push EMIs up for various loans such as car loan, homeContinue Reading
Share List TLI Staff New Delhi: Considering the tough times being faced by engineering exporters in the wake of the slowdown in key markets the government may put cash in the hands of businesses especially MSMEs by way of tax exemption and lower rates in the upcoming Budget, said EEPCContinue Reading
Share List TLI Staff New Delhi: Billionaire Gautam Adani-controlled Adani Group on Wednesday vehemently dismissed a report of US-based Hindenburg Research which raised questions over the business conglomerate’s accounting practices and alleged stock manipulation. The Group CFO Jugeshinder Singh in a statement called the controversial report a malicious combination ofContinue Reading
Share List TLI Staff New Delhi: Torrent Pharma on Wednesday reported 13.65% year-on-year jump in consolidated net profit to Rs 283 crore for the October-December quarter (Q3FY23) of current financial year. The company had registered Rs 249 crore profit in the same quarter a year ago. During the December quarter, TorrentContinue Reading
Share List TLI Staff Focus on product standards and certification would significantly help India achieve the US$1 trillion services and merchandise exports target by 2030 and raise its current share in global trade which has been hovering around 1.5-1.8 percent, said Dr. Srikar K Reddy, Joint Secretary, Ministry of CommerceContinue Reading
Share List TLI Staff Gurugram: Out-of-pocket medical expenses not only burn a deep hole in the pocket of patients but at times leave families in huge financial distress. In the post-Covid world, health has taken centre stage and focus has shifted on preventing illnesses. Seeking to nip the lifestyle diseasesContinue Reading
Share List TLI Staff New Delhi: Aviation regulator Directorate General of Civil Aviation (DGCA) is in the process of amending its provisions to protect the rights of air travelers affected by downgrading of ticket, an official statement said on Friday. The government said that in view of rapid expansion ofContinue Reading
Share List TLI Staff New Delhi: Amid Covid surge in China and subdued global demand especially from Europe, engineering goods exports recorded a year-on-year decline for the fifth straight month to November 2022 but pace of decline moderated to a marginal 0.30% due to lower statistical base. Engineering goods exportsContinue Reading