CAG flags Indian Railways ₹573 crore loss due to financial and operational lapses
According to the CAG, the Ministry of Railways continues to face issues in revenue management, contract enforcement, and planning.
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India bonds flat as traders look ahead to RBI policy; liquidity ebbs
Indian government bonds remained stable. Traders avoided major new investments before the upcoming monetary policy review. Banking system liquidity tightened. The yield on the benchmark 10-year bond was at 6.2993%. The Reserve Bank of India’s next monetary policy decision is…
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Britannia flags weak demand, rising input costs despite FY25 revenue growth
Britannia Industries reported subdued consumer demand in FY25 due to inflation and a broader economic slowdown, even as competition pressured pricing and margins. In its annual report, the company flagged high input costs for key commodities like wheat, edible oil,…
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Every 1 in 5 GST taxpayers in India now a woman: SBI Research
There are over 1.52 crore active Goods and Services Tax (GST) registrations and one-fifth of registered GST taxpayers in India now have at least one woman, and 14 per cent of registered taxpayers have all female members (on the basis…
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Governance red flags mount at Ola Electric: Can Bhavish Aggarwal course correct?
Investors have been slowly pulling out due to a host of issues that have continued to pile up — from top-level exits to closure of showrooms due to regulatory action in Maharashtra, and other states to a significant loss of…
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205% return on Sovereign Gold Bonds: RBI announces redemption price of this SGB
Reserve Bank of India has declared the premature redemption price for Sovereign Gold Bonds 2018-19 Series-V. The redemption will occur on July 22, 2025. These bonds were initially issued at Rs 3214 per gram in January 2019. Sovereign Gold Bonds…
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