BUSINESS
Monetary policy has to be forward looking, says RBI Governor
Das, who gave the analogy of car driving while delivering the Delhi School of Economics Diamond Jubilee Distinguished lecture, said that the conduct of monetary policy is like driving a car on the road with potential ditches and speed bumps.
Almost 7 crore income tax returns filed till Sep 5, says govt
More than six crore ITRs of assessment year (AY) 2023-24 have been processed out of the verified ITRs as on September 5, the Income Tax Department said, informing that this resulted in the processing of over 88 per cent of the verified ITRs.
Domestic sugar prices rise 3% to 6-yr high owing to poor rains
Owing to shortfall in rains in the sugarcane growing regions, the prices have risen even as the festival season is round the corner, when consumption of sweets is set rise multifold.
Pharma, FMCG stocks lead Nifty gains
The Nifty 50 index gained 46 points to end at 19,574 on Tuesday, while the S&P BSE Sensex advanced 150 points to close at 65,780.
Small and mid-cap indices reach all-time highs
Strong domestic factors are providing crucial support for Indian equities, allowing them to maintain their strength despite attempts by weak global peers to disrupt the mood. India's service PMI remains robust at 60.2, indicating sustained demand even in the face of inflationary pressures, he said.
EV firm BluSmart crosses annual revenue run rate of Rs 400 cr
Operating in Delhi-NCR and Bengaluru, BluSmart has achieved a milestone of 5,000 electric vehicles (EVs). It has also set up over 3,900 EV charging points across 32 charging hubs at key locations in two cities.
Unicorn India Ventures announces 1st close of Fund III at Rs 225 cr
With the Fund III, UIV aims to build a portfolio of 25 startups that are focused in the global software-as-a-service (SaaS) and digital platforms.
DMRC breaks own record of highest daily passenger trips
The feat of 71.03 lakh trips was achieved on Monday.
China's stimulus measures expected to boost prices for ferrous metals in international market
China’s stimulus measures are also expected to boost prices for ferrous metals in the international market and we expect the steel prices in the export market to improve in the coming weeks.
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