Search Results for: retail lending

Credit offtake in elevated levels: CARE Ratings

The credit offtake in India remained at elevated levels of 17.5 per cent year-on-year (YoY), reporting robust growth for the fortnight ended December 2, said credit rating agency CARE Ratings.

Dec 27, 2022

Markets ahead of 2023: Trend seems to have reversed

Investors failed to understand the colour of festivities associated with Christmas Red, which was there all over Dalal Street, but it was blood on the streets.

Dec 26, 2022

Consumers Beware! Sharp spike in food adulteration, mis-labelling cases [details]

The number of cases registered against adulterated, substandard or misbranded food items has shown a rising trend during the last couple of years.

Dec 25, 2022

K'taka traders to observe bandh against GST on rice, foodgrains

Traders' body to launch 3-month-long stir; seeks streamlining of e-commerce rules, GST rationalisation

The Confederation of All India Traders (CAIT) has announced a three-month nationwide agitation from January 1, 2023 till March 31, 2023, seeking streamlining of e-commerce and simplification as well as rationalisation of GST structure in the country.

Dec 25, 2022

5 ways to stay safe from financial frauds during year-end sales

The year-end is just around the corner, and with that, comes the plethora of sales from fashion houses and e-commerce websites trying to make our holiday season ready.

Dec 23, 2022

Reliance Retail Ventures is all set to acquire METRO Cash & Carry India in Rs 2,850 Cr deal

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire 100 per cent equity stake in METRO Cash & Carry India Pvt. Ltd. (METRO India) for a total cash estimation of Rs 2,850 crore, subject to closing adjustments

Dec 22, 2022

Sensex, Nifty gave up early trading gains, investors await minutes of RBI's policy meet

The BSE Sensex opened at 61,993 points and currently trading down almost 400 points or 0.6% from the previous close of 61,702 points, while NSE Nifty-50 started trading at 18,435 points and currently trading down 100 points from the previous close of 18,385 points.

Dec 21, 2022

Evolved Foods wins prestigious award for contributions in food service; gives plant-based foods spotlight

Evolved Foods drives innovation with plant-based foods; wins prestigious award [details]

Recognising the significant contributions made by Evolved Foods in the plant-based foods sector, the Bengaluru-based startup won a prestigious award at the Pepsi Images Food Service Awards 2022.

Dec 20, 2022

Sensex, Nifty regain slight momentum but market consolidation continues as year-end triggers remain mute

The BSE Sensex is trading at 61,560 points, 228 points or 0.37% higher than the previous close of 61,337, while the Nifty-50 is trading at 18,346 points, 75 points or 0.41% higher than the previous close of 18,269 points as of 1:20 PM.

Dec 19, 2022

GST Council 48th Meeting: Small traders allowed on e-commerce platforms; Biofuel now in 5% slab

The GST Council approved the amendments allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators (ECOs)

Dec 17, 2022

Future of Real Estate Sector in 2023 shows positive momentum

The Indian real estate sector has remained faithful to investor expectations through the many ups and downs in the last couple of years, writes Harrish Kumar Jain, Vice President of Brihanmumbai Developers Association

Dec 15, 2022

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

The BSE Sensex is trading down 400 points or 0.6% to 62,254, giving up yesterday's gain, whereas Nifty-50 shed almost 120 points or 0.6% and trading down at 18,542 as of 12:30 pm

Dec 15, 2022

DCW serves notice to Delhi Police over acid attack on schoolgirl

The Delhi Commission for Women (DCW) on Wednesday took suo motu cognisance of the acid attack on a 17-year-old schoolgirl and issued a notice to Delhi Police regarding it.

Dec 14, 2022

November retail inflation rate may be down; battle continues [details]

With core inflation continuing to be high, credit rating agencies like Acuite Ratings & Research and CARE Ratings do not expect any significant downtrend in the retail inflation for the next few months

Dec 13, 2022

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

The domestic benchmark started trading in the green on Tuesday after yesterday's sluggish performance. The BSE Sensex opened at 62,300 points and currently trading close to the 62,500 mark; meanwhile, Nifty-50 opened at 18,524 and currently trading close to the 18,600 mark.