Business

RBI rate hike now no longer surprising, says FM

Finance minister Nirmala Sitharaman said the Centre hadn’t been surprised by the Reserve Bank of India (RBI) raising interest rates this week and doesn’t see the move affecting the government’s infrastructure investment. “It is the timing which came as a surprise to many but the act people thought should have been done anyway–to what extent…

Published

2 years ago

May 7, 2022

Shrishti

RBI rate hike now no longer surprising, says FM

Finance minister Nirmala Sitharaman acknowledged the Centre hadn’t been stunned by the Reserve Financial institution of India (RBI) raising hobby rates this week and doesn’t stare the switch affecting the chief’s infrastructure funding. “It is the timing which came as a surprise to many however the act of us belief must aloof had been done anyway–to what extent would possibly perchance presumably accept as true with various,” she acknowledged at The Financial Occasions Awards for Corporate Excellence that was held in Mumbai on Saturday evening…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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