Market News Top 10 News WPI Inflation Jumps to 11-Year High of 10.49% in April – Top Indian Market News WPI inflation jumps to 11-year high of 10.49% in April India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), rose to an 11-year high of 10.49% in April 2021. WPI stood at 7.39% in March and 4.83% in February. The annual rate of inflation is high primarily due to the rise in prices […] Written by Cherian Varghese May 17, 2021May 17, 2021
Market News Top 10 News Finance Minister Presents Union Budget 2021 in Parliament – Top Indian Market News Finance Minister presents Union Budget 2021 in Parliament Finance Minister Nirmala Sitharaman has presented the Union Budget 2021-22 in the Parliament. The minister has announced the scrapping of income tax for senior citizens above 75 years and new rules for the removal of double taxation for NRIs. Sitharaman has also announced a Rs 64,180 crore […] Written by Cherian Varghese February 1, 2021February 1, 2021
With Omicron and Lockdowns, is PVR in Trouble Again? Cinemas have managed to stay afloat despite not being functional for a reasonable amount of time. As some of the movie theatres resumed operations from July 31, 2021, a rush of movies, coupled with a keen audience, managed to add to revenue for cinemas. PVR is the largest company by market capitalisation that operates cinemas […] Written by Maarg Vaidya January 7, 2022January 7, 2022
Why are FMCG Distributors on Strike? FMCG distributors in Maharashtra have called for a boycott of Hindustan Unilever Ltd’s products. They have also warned Colgate Palmolive India Ltd of taking strict action after the company failed to respond to their concerns. If the demands proposed by traditional FMCG distributors are not addressed, it could get difficult to buy essential products at […] Written by Cherian Varghese January 4, 2022January 4, 2022
What is Mukesh Ambani’s Succession Plan for Reliance? Mukesh Ambani has played a pivotal role in Reliance Industries Ltd’s (RIL) multi-fold and aspirational growth into India’s largest conglomerate. His company has established a dominant presence in key sectors, making it a vital entity for the development of our country. In recent years, their fortune and influence have flourished to new heights. The business […] Written by Cherian Varghese January 3, 2022January 3, 2022
