Rural markets showed continued recovery during the quarter, with sales volumes rising 6.4% from 4% in the June-quarter, the market research firm NielsenIQ said.
According to the 50/30/20 rule, you should allocate your post-tax income into three main categories: 50 per cent for basic needs, 30 per cent for wants, and 20 per cent for savings.
The survey, conducted among 5,000 kirana owners across the country, showed that 22 per cent of kirana owners in India are feeling "extremely optimistic" about business prospects this festive season
Stocks to watch on October 13, 2023: Infosys has lowered its FY24 constant currency revenue growth guidance for a second time to 1.0-2.5 per cent from 1-3.5 per cent earlier
All 38 economists in a Bloomberg survey expect the Reserve Bank of India's six-member monetary policy committee to keep the repurchase rate unchanged at 6.5 per cent for a fourth straight time
Is inflation hurting FMCG companies' pockets? Can Indian e-gaming survive the tax demand? Is it time to book profit in real estate stocks? Why has the Cauvery dispute flared up again? Answers here
The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts. The Reserve Bank had raised the benchmark repo rate to 6.5 per cent on February 8, 2023 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation and certain global factors including elevated crude oil prices in the international market. The Reserve Bank Governor-headed six-member Monetary Policy Committee (MPC) meeting is scheduled for October 4-6, 2023. The last meeting of the MPC, the highest rating-setting panel, was in August. "We do expect the RBI to hold on to a status quo position this time as inflation is still high and liquidity tight. In fact, going by RBI forecast on inflation, it would be above 5 per cent in Q3 too
Both benchmark indices at fresh highs
Inflation a permanent challenge; won't sit back, says FM Nirmala Sitharaman
The wholesale inflation rate was 12.48 per cent in August last year
'India as G20 chair has given confidence to Third World'
The risk of a large correction or a time to be fearful is when the market is far above the trend line, which is not the case currently, says Mehra
Has inflation become a political imperative? How is Delhi getting ready for the G20 Summit? Why are mid- and small-caps defying global uncertainty? Hindenburg 2.0: What is OCCRP? All answers here
Reserve Bank of India (RBI) maintained status quo in its policy rate for the third time in a row in August
There are signs of improvement in the liquidity scenario as banks parked Rs 25, 833 crore with the RBI on Thursday
Investors have shunned consumer stocks with shares of HUL, ITC, Britannia, Godrej Consumer, Tata Consumer, and Nestle India dropping in the range of 1-11 per cent in a month
Das says RBI remains committed to aligning inflation with 4% target
The government's continued emphasis on capital expenditure is expected to drive growth in the coming years, the finance ministry said in its monthly economic review for the month of July
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"Even tomatoes need a vacation ... we are unable to add tomatoes to our food," read notices pasted at two Burger King India outlets. The chain has cited quality issues in explaining the shortfall