News Overview

Todays' RBI policy is in the same vein. If RBI were to sound dovish today, and inflation (or global yields) were to rise thereafter, then RBI would have played all its cards too soon.

Overall, it was a mildly cautious policy with a clear message on vanquishing the food inflation before considering a rate cut.

Brainbees Solutions aims to raise ₹4,193.73 Crore through the IPO, with ₹1,666 Crore coming from the issuance of fresh shares.

The company offers a range of software products to help businesses efficiently manage post-purchase e-commerce operations.

While the RBI has held rates for the 9 policy in a row, the focus will be on what the Fed does in September

RBI continued to keep the inflation forecast for FY 25 at 4.5%.

The MPC remains vigilant about high food inflation, emphasizing the need for banks to mobilize household financial savings and manage structural liquidity issues.

We do not expect any rate cuts in the near future. Overall, a very balanced policy with status quo continues.

EBITDA increased by 10.2% to ₹391.1 Crore in the first quarter of this fiscal year, up from ₹355 Crore the previous year.

Radico Khaitan's total IMFL volume fell 4% in the first quarter, but the Prestige & Above category witnessed a 14.3% increase.