أخبار ذات صلة
BCCI Raises Reserve Prices for Cricket Title and Associate Sponsorship Rights
The BCCI has significantly increased the reserve prices for its title and associate sponsorship rights, inviting new bids for cycles extending to March 2028. Title sponsorship is now ₹4.9 crore per match, up over 15%, while associate rights are ₹95 lakh per match, aiming to maximize revenue despite market concerns about bilateral cricket viability.
Indian Rupee Sees Modest Gain Amid Oil Price Pressure; RBI Intervention Expected
The Indian rupee gained 0.1% against the US dollar on Thursday, opening at 96.49, despite facing pressure from rising crude oil prices. Traders expect continued strain, with the Reserve Bank of India (RBI) intervention anticipated to limit sharper losses. Geopolitical tensions are driving oil prices higher, offsetting previous RBI measures.
India Extends Solar Cell Sourcing Exemption, Raises Manufacturer Concerns
India extended an exemption for open access and net-metering solar projects to use imported cells until December, drawing concern from local manufacturers. The move aims to protect standalone module makers and support domestic capacity, despite fears of shifting demand to imports and impacting investor confidence.
India's Consumption Shifts: Experiences Over Essentials Amid Rising Incomes
Indian consumers are increasingly prioritizing experiences and lifestyle choices over basic needs, driven by rising incomes and easier credit access. Average monthly spending has increased across rural and urban areas, with food now forming a smaller portion of household expenditure, reflecting a broader economic transformation.
Eternal's Q1FY27 Shareholder Letter: Blinkit Drives Growth, Food Delivery Stays Profitable, New Bets in Investment Mode
Eternal's Q1FY27 shareholder letter reveals strong B2C net order value growth, with Blinkit emerging as the primary growth engine and achieving profitability. Food delivery remains a steady profit anchor, while new ventures like Bistro and Nugget are in early investment stages.
IndusInd Bank Reports 72% YoY Net Profit Growth in Q1
IndusInd Bank reported a 72% year-on-year consolidated net profit surge to Rs 1,037 crore in the first quarter, driven by lower provisions and operating expenses. Despite flat Net Interest Income and declining fee income and advances, the bank improved asset quality and capital adequacy.