The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market, a move that could lead to offshore volati
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India's central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that drove up food prices, economists said . In
Read MoreDomestic equity benchmarks Sensex and Nifty suffered yet another loss on Thursday after a day’s hiatus after retail inflation soaring to a five-month high in September stoked fears among investors of
Read MoreInfosys Q2 results: Net profit rises 11% to Rs 6,021 crore; board approves share buyback proposal of Rs 9,300 crore
India's second largest IT firm Infosys posted an 11.1 percent rise in its consolidated net profit at Rs 6,021 for the quarter ended September 2022, according to a BSE filing. The company had clocked
Read MoreInformation Technology (IT) major Wipro on Wednesday (October 12) reported a 9 per cent dip in consolidated net profit at Rs 2,659 crore for the quarter ending September 30, 2022 due to lower earnings
Read MoreThe Union Cabinet has approved one-time compensation of Rs 22,000 crore to state-run oil marketing companies for liquefied petroleum gas (LPG) cooking gas, Union minister Anurag Thakur said on Wednesd
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