IMF retains growth projection for India at 6.5 pc for FY26, FY27
The International Monetary Fund (IMF) retained its growth projection for India at 6.5 per cent for FY26 and FY27, holding that it is “in line with potential.”
The International Monetary Fund (IMF) retained its growth projection for India at 6.5 per cent for FY26 and FY27, holding that it is “in line with potential.”
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the revival plan for RINL for a total of Rs 11,440 crore.
At close, the Sensex was down 423.49 points or 0.55 per cent at 76,619.33, and the Nifty was down 108.60 points or 0.47 per cent at 23,203.20.
The Centre is taking pre-emptive and timely decisions to ensure price stability of various commodities in the interest of consumers and farmers. In fact, steps like incentivising domestic production, import, and export policies to ensure overall availability and affordability of essential food commodities are being taken up.
LTIMindtree posted a 7.1 per cent year-on-year increase in revenue to Rs 9,661 crore but the company's net profit fell during the October-December quarter of the current financial year amid rising expenses.
Even though the indices are in the green, analysts expect volatility to continue in Dalal Street.
"given no prior warning of the layoffs, and other workers found out their colleagues were laid off via Twitter"
Amazon Shares fell 12 per cent on Thursday in after-hours on the back of higher costs to run the company's warehouses and deliver packages to customers.
The Twitter board accepted a $44 billion buyout offer from Musk earlier this week. The deal is expected to close later this year.
Customers can also choose to get insured doorstep delivery for high-quality gold and silver coins and bars that have been designed around Akshaya Tritiya.