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A few economic data were released recently that showed the rate at which India’s economy rebounded slowed down, while retail inflation increased weighing on the country’s growth. Both manufacturing and services sectors were affected by rising input costs.Even data released ...
As the earnings season starts with Tata Consultancy Services declaring their results after market hours on Friday, Corporate India is likely to report a revenue increase of 18-20% to Rs 8.2 lakh crore in Jul-Sep quarter, compared to the same period last ...
As per Government notification, it is mandated that all individuals who is having PAN should link their Aadhaar through Income Tax Portal. With respect to the deadline, it may be noted that vide Government notification dated September 17, 2021, the ...
Recently released macro economic data on India points to a strong recovery across various sectors and the economy is expected to expand in the coming months.IHS Markit released India’s manufacturing and services PMI data for the month of September. The data ...
Benchmark Indian indices, which rose for five weeks in a row, fell for the week ended on October 1 as investors squared off their positions and booked profits. For the week, the Nifty fell 1.8% to close at 17532.1 and ...
Aditya Birla Sun Life (ABSL) AMC initial public offering (IPO) is set to open for subscription on September 29 and end on October 1. The price band for the IPO is fixed at Rs 695 to 712 per share.The IPO ...
The Union Cabinet announced a series of measures which came as a relief for the debt strapped telecom companies in India.The structural and procedural reforms will improve the situation for Bharti Airtel and Vodafone, the two telecos affected by non-payment ...
India’s inflation measured by Wholesale Price Index rose to 11.39% in August on a year-on-year basis, due to higher prices of manufactured goods, according to data released by the Ministry of Commerce and Industry. It stood at 11.16% in July ...
Inflation based on Consumer Price Index (CPI) cooled down to 5.3% in August, from 5.59% in July as food prices fell, according to data released by the government’s statistics agency. The retail inflation has remained within the central bank’s target ...
India’s manufacturing and services sector expanded in August, though the pace of manufacturing growth slowed down.IHS Markit recently released services PMI and manufacturing PMI data. India’s services business activity stood at 56.7 in August compared with 45.4 in July. The ...