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indias headline inflation expected to hit 4

As inflation bites, shoppers count every penny

Data sets show that pressure has been building up on consumers since the start of the year as the war disrupted energy supplies, pushing up prices of fuel and LPG cylinders. MUMBAI: Indians are counting every penny they are spending—blame it on price hikes and inflation. Consumers are becoming value-conscious, trimming budgets for non-essential spends...
rbi eases approval process for subsequent bank share acquisitions by funds

RBI eases rules for DIIs to buy bank shares

Under the earlier regime, acquiring a “major shareholding”—defined as 5% or more of a bank’s paid-up share capital, demanded prior clearance from RBI. MUMBAI: RBI has eased rules for large DIIS acquiring shares in banks, allowing eligible mutual funds, pension funds and insurance firms to obtain one-time approval to raise their aggregate holding to 10%...
indias corporate revenue growth may slowdown in fy26 as nominal gdp growth cools jefferies

Macro data shows economy on growth path

Official data showed that the GST growth in Sept, based on transactions in Aug, was powered by a 26% jump in integrated GST on imported goods to Rs 65,525 crore as higher commodity prices and a weaker rupee drove up the import bill. NEW DELHI/MUMBAI/CHENNAI: It turned out to be a strong end to the...
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