Shares of Patanjali Foods plunged 18% on July 15 to hit 52-week low after 1.5% equity worth Rs 195 crore changed hands. At 12 pm on July 25, Patanjali Foods shares were trading 17% lower at Rs 337.6 apiece, thus extending losses for third straight session. The 52-week low of the stock is Rs…
Finmin to review macro parameters towards year-end, inflation seen to remain high on base effect, energy price pass-through With crude oil prices now cooling amidst the interim peace deal between the US and Iran, India is hopeful that there will be some easing of its worries on the economic front. According to senior government sources,…
Mobile data costs have fallen by more than 97% since 2014, while internet connections have crossed 105 crore, and broadband subscriptions are nearing the 100-crore mark. India’s mobile data costs have fallen by more than 97% over the past decade, helping drive a sharp expansion in internet access and digital connectivity across the country. The…
For the week, the Nifty dropped 5.3%, its biggest decline since June 2022, while the Sensex fell 5.5%, marking its worst weekly fall since May 2020. The benchmark equity indices Sensex and Nifty settled sharply lower on Friday amid escalating tensions in West Asia and rising crude oil prices. Weak global markets, continued foreign…
Seeking to further their utilisation of railways for transportation, State-owned miner Coal India (CIL) informed Wednesday (October 8, 2025) that it has inked a non-binding memorandum of agreement (MoU) with railway infrastructure developer IRCON International (IRL) to develop rail infrastructure for the miner and its subsidiary companies. Coal India, which accounted for 76% of the…
NITI Aayog CEO also revealed that several committees led by Cabinet Secretary Rajiv Gauba have submitted their first set of reports on proposed reform measures, signalling that the government’s structural reform push is gaining momentum. India could see another round of major reform announcements by Diwali as the government steps up efforts to boost…
The rating agency projects the economy to log 6.4 percent growth in 2025, followed by 6.3 percent in 2026 and 6.4 percent in 2027 Potential growth raised to 6.4% by Fitch Ratings Indian economy could average 6.3 percent growth over the next five years, global ratings agency Fitch Ratings noted on May 22. The rating…