Food inflation in India has persisted at 8% year-on-year since November 2023. A severe heatwave has further reduced supplies of pulses, vegetables, and cereals, prompting minimal impact from export curbs and import tariff reductions. Experts suggest that a robust monsoon by early July could alleviate concerns over the delayed cultivation of kharif crops.
Bank of Maharashtra Q1 Results: Net profit jumps 23% YoY to Rs 1,593 crore
Bank of Maharashtra announced a net profit of Rs 1593 crore for Q1 June 2025, marking a 23% year-over-year increase. Total income rose by 16%