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A five-member Bench of the National Company Law Tribunal (NCLT) has stayed a smaller Bench’s August 25 order approving a ₹6.25crore repayment plan proposed by Essel Group founder Subhash Chandra, observing that there was no clear majority view...
Onion prices are expected to remain high despite the temporary relief from the government releasing buer stocks to sell the bulbs at ₹35/kg. The current price surge is largely driven by a sharp fall in kharif onion cultivation across...
The rupee closed below 95 on Tuesday at a two-month high of 94.95 per US dollar, buoyed by robust FCNR(B) deposit flows under the RBI’s concessional swap facility, and apparent RBI intervention as fresh West Asia tensions pushed crude oil higher.
The Current Account Deficit (CAD) widened to $4.2 billion in the first quarter of FY27 against $3.4 billion in the year-ago quarter due to higher merchandise trade deficit. In percentage terms, CAD edged up to 0.5 per cent of GDP in Q1 from...
Goods and Services Tax collection rose a robust 15 per cent, according to data available on the GST portal. However, the collection saw moderation compared to July. Collections in August relate to goods consumed and services availed in...
Driven by sustained demand, new launches and positive sentiments in the market, passenger vehicle manufacturers reported double-digit growth in their domestic wholesales in August. Industry sources said total PV sales grew 36.6 per cent...