Business

Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.

Samsung, the world's leading memory chip and smartphone vendor, did not break down performances of its respective business divisions.

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

Reliance Industries was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bharti Airtel, PowerGrid, UltraTech Cement, Dr Reddy's, IndusInd Bank and ONGC.

Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9% in 2022

The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022

IOC and three other refiners have sought just 65 per cent of the monthly average of about 15 million barrels from Saudi Arabia in May, three sources with knowledge of the matter said

Through this agreement, Airtel will receive a consideration of Rs 1,037.6 crore from Jio for the proposed transfer

The company, which has over $5.7 billion invested or committed in the country across 20 deals, did not specify how much of the newly raised Asian Fund IV will be committed to India

Zurich-based bank said it provisionally expects to report a loss of 900 million francs for the first quarter, though final figures are still being worked out

This reflects steadfast confidence of foreign investors in the fundamentals of the Indian economy, the Finance Ministry said in a statement

Ozonetel’s introduction to the EMEA market brings an unparalleled feature rich contact centre solution built on a fully customisable open API architecture, enabling true omni-channel cloud capabilities

To date, over 1.5 million square feet has been pre-let to two multi-national companies, reflecting the quality and location of the assets.

The programme will run until June 2021 and it will continue with its hybrid model, launched last year owing to the pandemic.

Glenmark is having a good presence in generics, over the counter and specialty drugs.

Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the capital.

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 270.03 points higher at 49,429.35.

PowerGrid was the top gainer in the Sensex pack, rising over 2 per cent, followed by M&M, NTPC, IndusInd Bank, Bajaj Finance.

IT power load to go up from 30MW to 96MW by 2023, accounting for 10 per cent capacity in India

Likely impact on growth due to local lockdowns on rising Covid cases will be a key agenda

The report noted that India's PMI Manufacturing Index of 55.4 in March indicated some loss of momentum compared to February.

E-commerce marketplace platform should not have any direct or indirect control over the inventories, industry chamber PHDCCI said.

Promoter and family will further invest Rs 111 crore, maintaining the promoter stake at 46 per cent, Parag Milk Foods said in a regulatory filing.

These SUVs have been sold both in India and export markets, Hyundai Motor India Ltd (HMIL) said in a statement.