India's Consumer Price Index (CPI) based retail inflation eased to 4.6 per cent in January from 5.22 per cent in December.This marks a decline of 91 basis points in headline inflation compared to the previous month, making it the lowest year-on-year inflation since August 2024.
Steel Authority of India’s profit slumped 62 per cent year-on-year to Rs 126 crore in the December quarter. This was hit by lower prices of steel, even as higher sales volume boosted revenue from operations.
Speaking to a news agency, he commented that India will make its decision based on its commercial interests.
Equity mutual fund inflows marginally fell 3.6 per cent on a monthly basis to Rs 39,687.78 crore in January, data released by the Association of Mutual Funds of India (AMFI) said.
Adani Group Chairman Gautam Adani has tweeted on X, the launch of Adani Health City in partnership with the globally renowned Mayo Clinic, to enable world-class medical research, affordable healthcare and medical education at an investment of Rs 6000 crore.
Sony Group and Honda Motor on Thursday announced the delivery of their first EVs from their joint new company in the US in 2026, and the pre-orders will begin in 2025.
Only two startups in India, Shiprocket and OneCard, attained unicorn status (valuation $1 billion and above) in the July-September period. Globally, the third quarter (Q3) produced 20 unicorns and 45 per cent of them were from the software-as-a-service (SaaS) segment. No new decacorns were added in this quarter.
Under this MoU, Coal India will set up a solar project of 1190 MW capacity in Rajasthan, as well as an investment of Rs 5,400 crore will be made.
The Sveriges Riksbank Prize in Economic Sciences for 2022, popularly called the Nobel prize for economics, has been awarded to three American economists, Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises.”
The 30 stock S&P BSE Sensex closed 390.58 points or 0.68 per cent down at 57,235.33 points against its previous day's close at 57,625.91 points. The Sensex started the day in the red at 57,512.74 points and it slumped to a low of 57,055.75 points in the intra-day. The Sensex touched a high of 57,568.14 points in the intra-day.
