Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. Photograph: Mike Blake/Reuters To formally start the
The government has decided to discontinue the Gold Monetisation Scheme (GMS) starting from Wednesday in view of the evolving market conditions, the finance ministry said. Photograph: Edgar Su/Reuters However, the banks may continue their short term gold deposit schemes (1-3
Benchmark indices Sensex and Nifty ended marginally higher on Tuesday, taking their gaining streak to the seventh session even as markets witnessed profit-booking after the recent sharp gains. Photograph: Francis Mascarenhas/Reuters The 30-share BSE benchmark Sensex gained 32.81 points or
S&P Global Ratings on Tuesday cut India’s GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. Photograph:
‘The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.’ Kindly note the image has been posted only
India and the US will finalise the contours, schedule of negotiations and terms of reference of the proposed bilateral trade agreement (BTA) during the three-day talks, starting Tuesday, an official said. IMAGE: Kindly note that this image has been posted
Markets investors became richer by Rs 27.10 lakh crore as the BSE benchmark Sensex continued to rally for the sixth trading day, surging nearly 6 per cent during this period. On Monday, the 30-share BSE bellwether gauge jumped 1,078.87 points
‘What is working is quality management, great teams, engineers, platforms, and highly differentiated services.’ Photograph: Kind courtesy Hexaware Midcap information technology services firm Hexaware Technologies returned to public markets with the country’s largest IPO by an IT services company. The
What transpired during that drive was one of the most compelling investment pitches made by an Indian state in decades. IMAGE: Foxconn Chairman Young Liu with Tamil Nadu Chief Minister M K Stalin in Chennai, August 17, 2024. Photograph: ANI
