Former finance secretary, Subhash Chandra Garg, stated that the RBI’s move to withdraw Rs 2,000 currency notes from circulation will not affect the operation of India’s economic or financial systems. The Reserve Bank of India has given the public until September 30 to either deposit such notes in accounts or exchange them at banks.
Kalyan Jewellers Q2 Results: Net profit jumps 64% YoY to Rs 427 crore, revenue rises 31%
Kalyan Jewellers reported a 63.6% YoY rise in consolidated net profit to Rs 427 crore in Q2FY27, while revenue grew 31.4% to Rs 10,323 crore.