The Reserve Bank of India (RBI) has projected real GDP growth of 7.2% for FY 2024-25 after the Monetary Policy Committee (MPC) meeting held on Wednesday, along with an expected moderation in Consumer Price Index (CPI) inflation to 4.5%.RBI Governor Shaktikanta Das said that GDP growth is expected to be 7% in the second quarter,…
Hyundai Motor India Limited (the “Company”), a part of the Hyundai Motor Group, which is the third largest auto OEM in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report, proposes to open its initial public offering of Equity Shares (“Offer”) on Tuesday, October 15, 2024. The Anchor Investor Bidding…
Amway India has anounced a comprehensive campaign aimed at combating unauthorized sales of its products. Launched in September 2024, this initiative focuses on educating stakeholders about the risks associated with purchasing from unofficial sources, such as third-party e-commerce platforms. With a strict “Zero Tolerance Policy” in place, Amway is committed to suspending or terminating any…
New Delhi, Oct 8 (PTI) Crude oil prices on Monday rose by Rs 67 to Rs 6,406 per barrel in futures trade as traders widened their bets following strong spot demand.On the Multi Commodity Exchange, crude oil for October delivery rose by Rs 67, or 1.06 percent, to Rs 6,406 per barrel in a business…
Imphal’s iconic Kangla Fort turned blue on October 4, 2024, as part of Smile Train India’s attempt to set a new Guinness World Records™ title on World Smile Day®. The initiative saw 13 historical landmarks across India light up to raise awareness about children born with clefts, a condition that affects over 35,000 children annually…
Rama Steel Tubes said it recorded sales of 50,921.67 tonnes in Q2 FY25, up 42% as compared to sales of 35,780.327 tonnes in Q2 FY24.On a sequential basis, the volume is higher by 36%. Sales volume for Q1 FY25 stood at 37,365.55 tonnes in Q1 FY25.The company has recorded sales of 88,287.22 tonnes in H1…
PSU lender UCO Bank on October 4 said its total advances rose 18.56 percent year-on-year to Rs 1.98 lakh crore in the second quarter of the current financial year. Total advances of the bank were Rs 1.93 lakh crore in April-June quarter, and Rs 1.67 lakh crore in the year-ago period. In July-September quarter, domestic advances of…
IndusInd Bank on Friday (October 4) released its business update for the quarter ended September 30, 2024. The bank reported a 13% year-on-year (YoY) growth in net advances to ₹3.57 lakh crore from ₹3.15 lakh crore in the corresponding quarter last year.On a quarter-on-quarter (QoQ) basis, net advances grew 3%, standing at ₹3.48 lakh crore…
Usha International, a key player in India’s consumer durables market, partnered with the People’s Development Society and MATAM to host the Thang-Ta Gi Laallong Yendamnaba Competition 2024. Held at Nandeiban Lelkai Community Hall in Imphal East, the event drew over 150 participants across various age groups, with top performers receiving awards from Chief Guest Maharaja…
Apple plans to open four more retail outlets in India, one each in Bengaluru, Pune, Delhi-NCR, and Mumbai, the US multinational electronics company revealed on Friday. In April 2023, Apple established its first two stores in India: in Delhi and Mumbai. Apple announced that the iPhone 16 Pro and Pro Max, which are built in…
