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Centre, states must talk to lower fuel prices: Union Finance Minister Union Finance Minister Nirmala Sitharaman has called for the Centre and state governments to have “a talk to bring down the retail fuel price at a reasonable level for consumers”. She stated that the fuel rates are worked up by oil marketing companies (OMCs), […]
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Retail inflation eases to 4.06% in January; industry output grows 1% in December India’s retail inflation, calculated by the Consumer Price Index (CPI), eased to 4.06% in January 2021, primarily due to a decline in vegetable prices. The CPI stood at 4.59% in December 2020 and 7.6% in January 2020. Meanwhile, the Index of Industrial […]
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Godrej Consumer Q3 Results: Net profit rises 12% YoY to Rs 502 crore Godrej Consumer Products reported a 12.77% YoY increase in consolidated net profit to Rs 502.08 crore for the quarter ended December (Q3). Its revenue from operations rose 9.98% YoY to Rs 2,778.05 crore during the same period. The company’s Household Insecticides, Hygiene, […]
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Reliance Industries Q3 Results: Net profit rises 12% YoY to Rs 13,101 crore Reliance Industries Ltd (RIL) reported a 12.5% YoY increase in consolidated net profit to Rs 13,101 crore for the quarter ended December (Q3). The company had posted a net profit of Rs 11,640 crore during the corresponding period in FY20. RIL’s consolidated […]
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Protesting farmers damage more than 1,400 Jio towers in Punjab Farmers and support groups protesting against the Government’s new farm laws have damaged around 1,450 mobile towers of Reliance Jio in Punjab. More than 176 signal transmitting sites were vandalised in 24 hours on Sunday alone. The mobile and internet services of the company have […]
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Centre to transfer Rs 6,000 crore as GST compensation to 16 states The Central Government will release Rs 6,000 crore to 16 states and 3 union territories on Monday. This amount will be the second round of back-to-back loans given to states/UTs to meet the shortfall in Goods and Services Tax (GST) collections. There was […]

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