The yield on India’s 10-year government bond rose sharply Friday. This increase follows a cut in fuel excise duty which impacted the fiscal outlook. High state bond sales and rising oil prices also contributed to the jump. The benchmark yield has seen its biggest weekly rise since May 2022.
Reliance Retail Q2 profit takes a hit on Qcomm push
Reliance Retail Ventures reported a significant drop in net profit, down 24.5% year-on-year to ₹2,619 crore in the last quarter. Despite this, revenue improved by