[ad_1] Retail inflation was 4.75 per cent in May. Earlier this month, the Reserve Bank of India pegged the GDP growth rate for FY25 at 7.2 per cent. With retail inflation nearing the RBI’s target of 4 per cent, the monetary policy needs to shift focus on promoting growth, RBI MPC member Jayanth R Varma…
[ad_1] Artificial intelligence (AI) is transforming the world in unprecedented ways. From healthcare to education, from entertainment to e-commerce, AI is enabling new possibilities and opportunities for innovation and growth. However, AI also poses significant challenges to data privacy, as it often relies on the collection, processing, and analysis of enormous amounts of personal data….
[ad_1] Sun Pharma has been the majority shareholder of Taro since 2010. As part of the merger, Sun Pharma has acquired all outstanding ordinary shares of Taro other than the shares already held by it or its affiliates Sun Pharmaceutical Industries on Monday said it has completed the merger of Taro Pharmaceutical Industries with itself…
[ad_1] In September 2022, Prosus had lost significant influence on Think and Learn, which owns Byju’s brand Prosus is among the four investors that have approached the NCLT against Byju’s management and its USD 200 million rights issue. Dutch investment firm Prosus has written off USD 578 million (about Rs 4,800 crore) that it invested…
[ad_1] Check out the companies making the biggest moves midday: Inspire Medical Systems , ResMed — Inspire Medical Systems and ResMed, which manufacture devices to treat obstructive sleep apnea, dropped 14% and 11%, respectively, following Friday’s news that Eli Lilly ‘s weight loss drug tirzepatide reduced the severity of the condition. Eli Lilly also said…
[ad_1] At present, there is a 40 per cent import duty on wheat. (File) Union Food Secretary Sanjeev Chopra says there is adequate availability of wheat in the country and the decision has been taken to prevent market speculations and hoarding of the foodgrain The Centre on Monday imposed limits on wheat stocks that wholesalers,…
[ad_1] GP Eco Solutions IPO Listing. GP Eco Solutions India’s shares listed at Rs 375, reflecting gains of 298.94 per cent from the issue price on the NSE SME platform Shares of solar energy solutions provider GP Eco Solutions India on Monday made a stellar debut, closing with a huge premium of 304 per cent…
[ad_1] The Securities Appellate Tribunal (SAT) has stayed a Sebi order that restrained former PTC India chairman and managing director Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to corporate governance lapses. Following the order passed by markets regulator Sebi on June 12, Mishra ceased…
[ad_1] India’s current account deficit during full FY24 sharply narrowed to $23.2 billion, representing 0.7 per cent of GDP, against $67 billion or 2% of GDP a year ago. The 0.6% current account surplus in March 2024 quarter marks a significant improvement from the year-ago period, where the country had a current account deficit of…
[ad_1] Check out the companies making headlines in premarket trading. ResMed , Eli Lilly — ResMed tumbled 11.8% following last week’s news that Eli Lilly’s tirzepatide weight loss drug reduced the severity of obstructive sleep apnea. Eli Lilly, on the other hand, ticked higher by around 1%. RXO — The freight stock surged 12.7% after…
