Rate hikes may be less effective against supply-led inflation, says CEA

The lender’s latest move follows a contempt petition by bondholders seeking a concrete roadmap to restore the written-off bonds

India is perhaps still not secure regarding its food supply across the various products, as the country is the world's largest importer of edible oils, NITI Aayog vice-chairman Ashok Kumar Lahiri said on Friday. Addressing an event here, Lahiri said India meets more than half of its edible oil needs through imports, and imports are estimated at 17 million metric tonnes, valued at about USD 20 billion. Similarly, India is both the world's largest producer and consumer of pulses, and accounts for

RBI imposed a ₹9 lakh penalty on MobiKwik for breaching PPI transfer limits and failing to report certain frauds within the prescribed timeline following an inspection

Haldar takes charge of the India two-wheeler business following Gaurav Gupta's resignation, as TVS Motor prepares for a wider leadership transition under incoming CEO Peyman Kargar