Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

Sunday, 28 April 2024 | PTI | Mumbai

Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis. According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with...

Indiabulls Real Estate loss widens to Rs 1,038 crore in FY24

Sunday, 28 April 2024 | PTI | New Delhi

Indiabulls Real Estate Ltd (IBREL) has posted widening of consolidated net loss at Rs 1,038.65 crore for the last fiscal year. Its net loss stood at Rs 608.38 crore in 2022-23. Total income also fell to Rs 468.75 crore during 2023-24 from Rs 648.47 crore in the preceding year, according to a...

WTO body asked to delay ruling on ICT import duties dispute till July 26

Sunday, 28 April 2024 | PTI | New Delhi

India and Chinese Taipei have asked the WTO's dispute settlement body not to adopt any ruling against New Delhi's import duties on certain information and technology products till July 26 as both sides are engaged in resolving the matter, an official said. The issue came up during a meeting of the...

Centre allows 99,500 tons of onion exports to six neighbouring nations

Sunday, 28 April 2024 | PTI | New Delhi

The Centre on Saturday said it has allowed exports of 99,500 tonnes of onions, mainly sourced from Maharashtra, to six neighbouring countries despite the ban on shipments. The Centre has also allowed exports of 2,000 tonnes of white onion cultivated, especially, for export markets in the Middle East and some European...

India, Chinese Taipei ask WTO body to delay ruling on ICT import duties dispute till July 26

India, Chinese Taipei ask WTO body to delay ruling on ICT import duties dispute till July 26

Saturday, 27 April 2024 | PTI | New Delhi

India and Chinese Taipei have asked the WTO's dispute settlement body not to adopt any ruling against New Delhi's import duties on certain information and technology products till July 26 as both sides are engaged in resolving the matter, an official said. The issue came up during a meeting of the...

Mahindra Lifespace FY24 profit falls marginally to Rs 98 cr; sale bookings at record Rs 2,328 cr

Mahindra Lifespace FY24 profit falls marginally to Rs 98 cr; sale bookings at record Rs 2,328 cr

Saturday, 27 April 2024 | PTI | New Delhi

Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. Its net profit stood at Rs 101.43 crore in the preceding year. According to a regulatory filing on Friday, the company's total income fell to Rs 279.12...

At least USD 12 trillion needed for tripling renewable energy capacity by 2030: COP28

At least USD 12 trillion needed for tripling renewable energy capacity by 2030: COP28

Saturday, 27 April 2024 | PTI | New Delhi

At least USD 12 trillion is required to create new infrastructure over the next six years for tripling global renewable energy capacity by 2030, COP28 President Sultan Al Jaber said on Friday. Addressing the annual Petersberg Climate Dialogue, Al Jaber said the energy transition will not happen without significant investment and...

Olectra Greentech bags order for 8,232 electric vehicles during FY 23-24

Saturday, 27 April 2024 | PNS | New Delhi

Leading electric vehicles manufacturer Olectra Greentech Limited (OGL), announced its Q4 and full year consolidated financial results ending March 31, 2024.  The Board of Directors, in its meeting held today, officially approved these remarkable achievements. Company has received total orders of 8,232 electric vehicles during FY 23-24 including 3,000 buses repeated...

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