Category: Business

An Indian government panel has proposed a sharp reduction in the share of food prices used to determine retail inflation, a move that could help the central bank conduct monetary policy more effectively. The expert committee of the Ministry of Statistics and Programme Implementation recommended paring back the weight of food and beverages in the…

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After nearly two years of rural India leading the consumption recovery, signs are emerging that urban demand may finally be staging a comeback. Improving corporate salary growth, selective hiring especially in global capability centres and fiscal support through tax and GST cuts are helping urban consumption regain momentum, as per experts. At the same time,…

Read More “Urban Consumption Shows Green Shoots As Consumption Recovery Broadens” »

The Supreme Court on Thursday stayed the University Grants Commission’s 2026 regulations, while directing the higher education institutions to adhere to the 2012 framework until further orders. A bench led by Chief Justice of India Surya Kant held that the rules required a fresh review, highlighting serious ambiguities that might result in misuse. The Supreme…

Read More “Why UGC 2012 Regulations Are In Focus After Supreme Court’s Latest Order” »

REC Ltd. has declared its third interim dividend of Rs 4.6 per share along with its third quarter financial results for financial year 2025-26 on Thursday. The record date to determine the eligibility of shareholders has been set as Feb. 6, 2026, and the amount will be paid on or before Feb. 27, the company…

Read More “Profit Flat; Dividend Of Rs Rs 4.6 Declared — Check Record Date, Other Details” »