Brokerage firm Emkay Global Financial Services, said, in a note, that there are enough reasons for the RBI to depart from its recent guidance, deliver a further 25bps easing in October, and adopt an open-ended policy approach/guidance for more easing ahead. The Reserve Bank of India (RBI) has started its three-day Monetary Policy Committee…
Quick commerce now accounts for nearly half of Eternal’s annualised net order value (NOV), with Blinkit surpassing food delivery on key metrics. In a significant milestone for Eternal, quick commerce platform Blinkit has overtaken the company’s food delivery business (formerly Zomato) in both gross and net order value for the first time in the June…
Retail inflation was 3.34% in March; food inflation in April was 1.78%, lower than 2.69% in the preceding month India’s annual retail inflation slowed to 3.16% in April from 3.34% in March, marking its lowest in nearly six years as food prices rose at a slower pace, government data showed on Tuesday. It is the…