Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper
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...
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Sai Swami Metals & Alloys SME IPO to open on April 30
28 April 2024 | PTI -
Business brief
28 April 2024 | Agencies -
Pumps maker KSB Ltd March qtr profit grows 8 per cent
28 April 2024 | PTI -
JPMorgan's Dimon hopes for soft landing for US economy but says stagflation possible scenario
28 April 2024 | AP -
Vestian: Office space leasing in Delhi-NCR drops 25 per cent annually in January-March
28 April 2024 | PTI -
ICICI Bank reports 18.5 per cent growth in Q4
28 April 2024 | PTI -
Mahindra Lifespace FY24 profit falls marginally to Rs 98 crore
28 April 2024 | PTI
Indiabulls Real Estate loss widens to Rs 1,038 crore in FY24
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
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
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 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 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 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
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...