RBI uses forex tools to inject cash into banking system ahead of large outflows due to advance tax payments, keeping borrowing costs low and increasing reserves without impacting inflation-fighting stance.
Reliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numbers. While retail and telecom offer stability, energy business
India’s top IT firms reported mixed earnings, grappling with near-term pressures and AI-driven structural shifts, leading to subdued growth forecasts. While IT valuations have become
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