India’s forex reserves dropped Rs 2.06 billion to Rs 686.06 billion for the week ended May 2, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the overall kitty had increased Rs 1.98 billion to Rs
Indian Oil Corporation (IOC), the nation’s largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel. Photograph: Francis Mascarenhas/Reuters The
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January–March quarter of 2024-25, owing to higher revenues and an exceptional gain. Photograph: Shailesh
Inflow in equity mutual funds dipped 3.24 per cent to Rs 24,269 crore in April amid continued market volatility against the backdrop of escalating tensions between India and Pakistan following the Pahalgam terrorist attack. Illustration: Dominic Xavier/Rediff This was the
Q4 Results Live Updates: Important names like Dr Reddy’s Laboratories, Manappuram Finance, Swiggy, CE Info Systems, Bank of India, India Shelter Finance Corporation, Birla Corporation, Cholamandalam Financial Holdings, Navin Fluorine International and Thermax will be reporting their earnings for the
Life Insurance Corporation of India (LIC)-owned non-banking finance company Paisalo Digital on Friday, May 9, announced a 25% jump in standalone net profit for the fourth quarter of the financial year 2024-2025 (Q4 FY25) to ₹45 crore, as against ₹36
Jio Credit, formerly known as Jio Finance, is stepping into the domestic capital market next week with its maiden bond issue. Illustration: Dominic Xavier/Rediff The subsidiary of Jio Financial Services plans to raise up to Rs 1,000 crore by selling
The volume growth of India’s FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Photograph: Pawan Kumar/Reuters Volume
A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. Illustration: Dado Ruvic/Reuters To give impetus to the
Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and Pakistan. Photograph: Shailesh Andrade/Reuters The 30-share Sensex declined by 411.97 points
