Most economists predict a rate hike by the monetary policy committee in October. This expectation stems from accelerating inflation and global central bank actions. Some economists foresee a cumulative increase of fifty to seventy-five basis points this financial year. Others…
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India has been in talks with the US over the past few months, conveying the possible adverse impact on ties if up to 100% tariffs are imposed under the legislation.
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Tata Trusts, led by Noel Tata, is preparing to challenge Tata Sons’ decision to reappoint N Chandrasekaran as chairman, potentially taking the escalating dispute to the NCLT or Bombay High Court. The Trusts has called the reappointment resolution “null and…
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FMCG cos are likely to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. After modest 2-5% price hikes, firms are prioritising consumer demand and volume growth over margins. Industry executives said cost management and operational…
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HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a special RBI swap facility, the bank aims to expand lending and wealth management services. The attractive leverage option of up to…
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India’s Securities and Exchange Board of India (Sebi) is considering a novel approach to address fund siphoning cases. Offenders would return misappropriated funds along with interest, while also disclosing relevant details. This initiative aims to create a more realistic enforcement…
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