Blog

The Reserve Bank has been mandated by the government to ensure inflation remains at 4 per cent with a margin of 2 per cent on either side. New Delhi: Retail inflation in August has jumped slightly to 2.07 per cent from 1.61 per cent in the preceding month, mainly due to an increase in food prices, including vegetables, meat and fish, according to government data released on Friday. The inflation based on the consumer price index (CPI) was 3.65 per cent in August 2024. The annual inflation during August 2025 over August 2024 was at (-) 0.69 per cent, according…

According to the report, the company has delivered a strong turnaround, with revenue rising from Rs 545.75 million in FY24 to Rs 947.64 million in FY25 and operating profit reaching Rs 192.85 million. Mumbai: Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL) have been in focus amid the government's 'Make in India' push for semiconductors. The company, engaged in the design, development, manufacturing, and sale of LED video displays, electronic products, telecom equipment, oxygen concentrators, and LED lighting solutions, recently signed a memorandum of understanding (MoU) with Singapore-based Top2 PTE Limited to identify a semiconductor partner from Taiwan. "The purpose of…

Gold has surged more than 40 per cent since December 2024, fuelled by speculative long positions, ETF inflows, and a global shift away from the US dollar as fiscal deficits widen and debt-servicing costs climb. Mumbai: Precious metals hit fresh peaks on Friday, with the yellow metal hitting Rs 1,13,800 per 10 grams, and silver crossing Rs 1,32,000 per kilogram in Delhi. The surge in the prices of gold and silver comes amid strong global demand and heightened expectations of an interest rate cut by the US Federal Reserve next week. According to the All India Sarafa Association, the precious…