Rate cut is unlikely but RBI may signal it’s ready to act

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The Reserve Bank of India’s Monetary Policy Committee is expected to focus on faltering economic growth rather than inflation during its December 4-6 meeting. Despite calls for lower interest rates, the RBI’s commitment to controlling inflation and promoting financial stability may prevent a rate cut, even as growth targets face challenges.

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Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO

Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa

January 11, 2025

DMart Q3 Results: Standalone profit up 6.5% to Rs 785 crore, revenue jumps 17.5%

The retailer’s EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5%

January 11, 2025

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