India has maintained its retail inflation target at 4 percent for the Reserve Bank of India. This decision ensures continuity and price stability amidst global economic uncertainties. The framework, set for another five years until March 2031, obligates the RBI to manage monetary policy for price control. This move influences government fiscal measures, aiming for overall economic stability.
Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expect
Tech Mahindra shares surged after the IT major reported better-than-expected Q1 FY27 results, with net profit rising 28% YoY to Rs 1,465 crore and revenue