The Indian rupee fell to a historic low of ₹92.67 against the US dollar on March 18, driven by rising crude oil prices and economic risks tied to tensions in the Middle East. The Indian rupee slipped on Monday, March 18 to breach ₹92.50 against US dollar for the first time ever extending its recent…
Tata Communications has acquired a 51% stake in Commotion, an AI-native Enterprise SaaS Platform, to enhance AI integration in its Digital Fabric. The ₹227 crore deal is expected to improve its Customer Interaction Suite with advanced AI capabilities. Tata Communications, in its regulatory filing today, December 02, announced that it had acquired a 51% stake…
Private consumption, manufacturing power up growth, US tariff impact in H2 to be seen With the economy growing at a higher than expected pace of 8.2% in the second quarter of the fiscal, expectations are that full year GDP growth would be at over 7%. Official data released on Friday showed that the Indian…
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…