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होम » Breaking Briefs

Breaking Briefs

Capex of India Inc likely to increase in H1 of FY25: experts display guarded optimism

As many as 51% of businesses expect capacity utilisation of 75% and more and 71% expect private capex would improve in the first half of the current financial year
Inflows into equity MFs decline 16% in April at Rs 18,917 cr

Monthly Systematic Investment Plan contributions crossed the Rs 20,000 crore-mark and reached an all-time high of Rs 20,371 crore
Vehicles sales in fast lane, rise 27% in April

Passenger vehicle retail sales rose 16 per cent to 3,35,123 units in April, as compared to 2,89,056 units in the same month last year
Patience running out: Govt mulling options to roll out labour codes

The codes were passed in 2020 but the pandemic and the tardy progress by the states that are dragging their feet on drawing up rules have held up their implementation
‘Ghost malls’ in top 8 cities rise 59%

The National Capital Region accounted for the highest Ghost Shopping Centre stock measuring at 5.3 mn sq ft, followed by Mumbai with 2.1 mn sq ft
Services growth down a bit but still expanding

In addition to buoyant domestic demand, firms noted new business gains from several parts of the world, which collectively underpinned the second-quickest upturn in international sales
RBI lifts restrictions on two Bajaj Finance products

RBI had directed Bajaj Finance to stop sanction and disbursal of loans under eCOM and Insta EMI Card for non-adherence to provisions of digital lending guidelines
Heatwave scorches fields, sends veggie prices soaring, to push up inflation

The intensifying heatwave conditions could affect farm produce and raise inflation by 30-50 basis points
Deal done at $6/barrel discount, Reliance buys its first Canadian crude oil: Sources

Reliance's first ever purchase of Canadian crude oil via the Trans Mountain pipeline would not only satisfy market demand but also signify the evolving ties between India and Canada in the energy sector.
Rental yields grow the most in Bengaluru

Average rental values have soared and rental yields have been heading steadily north on back of soaring demand for rental houses

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