Headline inflation in India also remains fairly benign with persistent inflation pockets like vegetable prices unlikely to be materially influenced by monetary policy. All in all, we see a high likelihood that a cut is coming.
Tejas Networks shares surged 20% to Rs 1,427.55 on Monday after the company reported a return to profitability in Q2 FY25. The profit after tax
Revenue from operations for the reported quarter stood at Rs 4,214 crore, up 13% from Rs 3,734 crore in the corresponding quarter of the previous
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