Govt to release data on June retail inflation today

The retail inflation has remained above 6 per cent since January this year forcing the central bank to go for two back-to-back hikes in policy rates (repo).

RBI hikes repo rate by 50 bps as inflationary pressures intensify

The Reserve Bank of India (RBI) Governor on Wednesday announced that the Monetary Policy Committee voted unanimously to hike the benchmark interest rate by 50 bps with immediate effect. The RBI also left its FY23 GDP growth forecast unchanged at 7.2%.

Tata Appoints Campbell Wilson As Air India CEO

The Tata Group has appointed Campbell Wilson as CEO & MD of Air India. Wilson is currently CEO of Singapore Airline’s low-cost subsidiary Scoot.

Tata launches long-awaited super app Neu, joins ecommerce battle

Tata group on Thursday launched possibly India's first super app, Tata Neu, that brings together grocery-to-hotel-to-airline ticket booking and medicine on a single platform, rivalling similar products from Amazon and Walmart's Flipkart.

Tata Group invokes Shakespeare to tell how Vistara, Tanishq got their names

For Tanishq, Tata Group chose a combination of two words – Tan (body) and Nishq (a gold ornament).

RBI keeps repo rate unchanged at 4% for 10th time in a row

The RBI's Monetary Policy Committee (MPC) on Thursday kept the repo rate unchanged at a record low of 4% for the 10th consecutive time. 

Retail inflation projected at 4.5% in 2022-23: RBI

The RBI on Thursday retained its estimate for retail inflation, which is measured by the Consumer Price Index (CPI), for 2021-22 at 5.3% and projected inflation for 2022-23 at 4.5%.

Bosch India to invest over ₹1,000 cr in localisation of advanced auto tech short

Auto components firm Bosch has said that it will invest over ₹1,000 crore in India for the localisation of advanced automotive technologies over the next five years and support the government's Atmanirbhar Bharat mission.

40-yr-old Swiss college dropout's fintech startup shoots his wealth to $19.4 bn

Guillaume Pousaz, the 40-year-old Swiss Founder of UK-based fintech startup, is now worth $19.4 billion after his startup's latest $1 billion funding round at a $40 billion valuation. 

Omicron and holiday travel: How to strategise

Even as the number of coronavirus cases is skyrocketing in some parts of the country, largely driven by the omicron variant, the holiday travel rush appears unstoppable. For those who are determined to keep their travel plans, figuring out how to do so responsibly has never been more confusing. So what can travellers do?

Indonesia bans coal exports in January on domestic power worries

Indonesia has banned coal exports in January due to concerns that low supplies at domestic power plants could lead to widespread blackouts, a senior official at the energy ministry said on Saturday.

Indian rupee gains 12 paise to 74.88 against US dollar in early trade

At the interbank foreign exchange, the rupee opened strong at 74.95 against the American dollar, then inched higher to 74.88, registering a rise of 12 paise from the last close.

Year Ender 2021: Sensex beaten hands down by majority of the sectorial indices

The broader markets witnessed a real ‘boom’ and no sectoral index ended in the negative, indicating the underlying bullishness in the markets.

Oil climbs on weaker dollar, China, amid Omicron caution

U.S. West Texas Intermediate (WTI) crude futures rose 50 cents, or 0.7%, to $71.62 a barrel at 0235 GMT after jumping 3.7% on Tuesday.

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