Articles
Govt hikes excise duty on petrol, diesel; no change in retail prices
The hike will be adjusted against the price cut that was warranted because of falling international oil prices
07 April,2025 07:14 PM IST | Mumbai | mid-day online correspondent
India’s e-commerce to hit USD 550 bn by 2035: Report
Government initiatives like 'Digital India' and rapid improvements in the country's logistics and supply chain networks have also contributed in boosting the growth
20 February,2025 02:38 PM IST | Mumbai | mid-day online correspondent
Wholesale inflation drops to 2.31% in January 2025
Wholesale inflation in India fell to 2.31 percent in January 2025, reflecting a decline in food prices and aligning with the moderation in retail inflation, which stood at 4.3 percent. The drop is attributed to positive economic indicators and RBI's efforts to control inflation through repo rate adjustments.
14 February,2025 02:11 PM IST | New Delhi
Retail inflation slows to 4.31 per cent in January
The Consumer Price Index (CPI)-based retail inflation was 5.22 per cent in December, and 5.1 per cent in January 2024
13 February,2025 08:40 AM IST | New Delhi | Agencies
RBI forecasts 4.2 percent inflation for FY26, a decline from FY25 estimate
The Reserve Bank of India has projected a retail inflation of 4.2 percent for FY26, down from 4.8 percent in FY25, citing favourable food conditions but warning of global uncertainties and volatile energy prices.
07 February,2025 11:18 AM IST | Mumbai
Mumbai emerges as key contributors to supply addition in CY 2024: CBRE report
Mumbai, Chennai, and Bengaluru are expected to be the primary contributors to the supply pipeline. These cities are likely to account for more than half of the overall development completions throughout 2025
30 January,2025 02:02 PM IST | Mumbai | mid-day online correspondent
MMRC cancels tender for Nariman Point land development after RBI's request
The Request for Proposal (RFP) for property development at this premium location, issued on October 3, 2024, was widely disseminated through publications
21 January,2025 11:52 AM IST | Mumbai | mid-day online correspondent
Retail inflation eases to 4-mth low of 5.22 per cent
The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023
14 January,2025 09:48 AM IST | New Delhi | Agencies
Isak Andic, founder of fashion chain Mango, dies in accident
Isac Andic quickly opened dozens of more stores in Spain and then abroad, starting in neighbouring Portugal and France, all under the name Mango
15 December,2024 12:38 PM IST | Barcelona, Spain | mid-day online correspondent
Sensex falls 412 points, Nifty tumbles 129 points due to metal stock slump
The Sensex and Nifty both experienced significant declines in early trade on Friday, falling by over 400 points and 120 points respectively, as metal stocks took a hit and foreign institutional investors continued to offload equities.
13 December,2024 10:22 AM IST | Mumbai