The government might introduce support measures for sustainable growth in income for rural households, enhancing disposable income in the rural economy, according to Deloitte's budget expectations report.
The order is the first major one for Boeing's 737 MAX jetliner programme since a recent incident involving a mid-air cabin panel blowout.
The company's growth was due to consistently low raw material prices, resulting in the highest gross margin in the last 11 quarters, reaching 43.6 per cent.
The bank's American Depository Receipts fell over 15 per cent in the last two days, resulting in a more than 10 per cent slump in the domestic HDFC Bank stock.
The penal action comes more than two weeks after significant flight disruptions were witnessed at the Delhi airport due to dense fog that had resulted in low visibility conditions.
Asian Paints, Wipro, HDFC Bank, HCL Technologies, IndusInd Bank, NTPC, and JSW Steel were the laggards, while Axis Bank, Bharti Airtel, UltraTech Cement, Tata Motors, and Reliance Industries were the major gainers on the Sensex.
The governor said that structural reforms by the government in recent years have boosted the medium- and long-term growth prospects of the economy.
The appointment comes when Japanese companies are under scrutiny to enhance gender diversity and address the gender pay gap in the country.
The electric vehicle will come in five variants, Smart, Smart+, Adventure, Empowered, and Empowered+, along with two battery pack options, a 25 kWh version with a claimed range of 315 km and a Long Range version with a 35 kWh battery pack offering an MIDC range of 421 km.
The fall in the Sensex and Nifty was primarily triggered by a substantial fall in HDFC Bank's share price.
Banking shares faced significant selling pressure as all 12 Nifty Bank index constituents traded with cuts. The selling activity was triggered by negative commentary on HDFC Bank's below-par third quarter figures, impacting sentiment across the sector.
Speaking at the World Economic Forum annual meeting in Davos, the governor expressed confidence in the effectiveness of monetary policy, stating that core inflation has been steadily decreasing.
HDFC Bank reported a net profit of Rs 16,372 crore compared to Rs 15,976 crore in the quarter-ago period on a standalone basis.
The Finance Minister has indicated that the interim budget 2024 will not include major announcements and that it will be a vote-on-account to meet the government's expenses until a new government is in place.
About 62 per cent of business leaders in the country expressed "extreme or very confident" expectations regarding the growth of their companies over the next year, while 37 per cent of global CEOs shared similar confidence levels.
The companies may make a decision on slashing fuel rates by Rs 5 to Rs 10 a litre after assessing their financial results and considering the potential for future spikes in global oil prices.
The stock market witnessed a sharp decline as it opened in negative, with the Sensex plummeting more than 1,300 points to 71,757.54 in early trade. The overall market sentiment seemed to be impacted by HDFC Bank's decline, signaling a broader market correction.
Puri expressed confidence in meeting India's targets for 2030 on energy transition and highlighted initiatives such as the green hydrogen policy, aviation fuel targets, and biofuel blending potential.
Green hydrogen has the potential to be an alternative to fossil fuels, considering the intermittent nature of renewable energy sources, said Gautami Adani.
The Creta 2024 facelift price starts at Rs 10,99,900 and goes up to Rs 19,99,900 (ex-showroom).
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