RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra’s first policy move
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday.
Union Minister for Labour & Employment and Youth Affairs & Sports Mansukh Mandaviya announced that the Employees' Provident Fund Organisation (EPFO) has achieved a historic milestone by crossing the 5 crore claims settlement mark for the first time in its history.
The rebranding reflects the company’s broader business scope beyond its flagship food delivery service.
Stock market closed slightly lower, weighed down by stocks like Titan, ITC, State Bank of India, and PowerGrid amid weaker earnings.
The State Bank of India Ltd (SBI) has reported an 84% increase in net profit (Profit After Tax) at Rs 16,891 crore for the quarter ended December 31, 2024 (Q3FY25) as compared to its net profit of Rs 9,164 crore in the year-ago period, according to a release issued here on Thursday.
India's wholesale inflation declined further during the month of August to 12.41 per cent from 13.93 per cent the previous month but continues to remain in double digits, official data released on Wednesday showed.
The arcade let similar businesses like hers to be in close proximity of each other, helping forge a close community and business network. Having run her business for nearly 40 years, she said the closure of her shop would mean many job losses.
On September 14, 2022, the price of gold in India for both 22 and 24 carat fell. As of Wednesday, the price of 10 grams of 24 carat gold in India is Rs 50,680, while 10 grams of 22 carat gold cost Rs 46,420.
Coming to the domestic indices, at 9.24 am, Sensex traded at 59,977.47 points, down 593.61 points or 0.98 per cent, whereas Nifty traded at 17,904.35 points, down 165.70 points or 0.92 per cent.
The approval means that Musk and Twitter will proceed to an October trial in the Delaware Court of Chancery.
