Day: February 8, 2025

Hyderabad, 8th February 2025: NMDC R&D Centre and RDCIS, SAIL have signed a Memorandum of Understanding (MoU) to leverage their collective expertise for the advancement of the steel industry. The MoU was signed in the presence of Shri Vinay Kumar, Director (Technical), NMDC, by Shri M Jayapal Reddy, ED (RP & RED), NMDC, and Shri […] The post NMDC R&D Centre and RDCIS, SAIL Sign…

Mumbai, 8th February, 2025: Balu Forge Industries Ltd. (BFIL), a leading precision engineering and manufacturing company, approved its unaudited Consolidated Financial Results for the quarter ended 31st December 2024, in the meeting of its Board of Directors held on 7th February 2025. Consolidated Financial Highlights for the Q3 FY25: 1. BFIL registered a robust revenue […] The post Balu Forge Industries Ltd Reports Q3FY25 Results:…

Mumbai, February 08th, 2025: Alkem Laboratories Ltd. (BSE: 539523, NSE: ALKEM, “Alkem” and its subsidiaries), a leading Indian pharmaceutical company, today announced two strategic acquisitions to further cement its position in the domestic market. Alkem has signed a binding term sheet to acquire 100% stake of Adroit Biomed Ltd., a pharmaceutical company with focus on […] The post Alkem Laboratories Expands with Strategic Acquisitions in…

“MPC unanimously voted to reduce policy rate by 25bps to 6.25% from 6.50% – As widely expected. They unanimously decided to continue with “neutral” stance with unambiguous focus on inflation. They also noted that while growth is recovering, it remains below last year’s level, and inflation trends allow for rate easing, RBI Governor Sanjay Malhotra […] The post RBI Cuts Policy Rate to 6.25%, Maintains…

Bangalore is gearing up for an unforgettable evening of inspiration and recognition as Zee Kannada News presents the Zee Kannada News Achievers Awards 2025 on 8th February 2025. Building on the resounding success of Yuvarathna and Veera Kannadiga, this prestigious on-ground event aims to honor the exceptional individuals, organizations, and groups that have played a […] The post Zee Kannada News Achievers Awards 2025 to…

Sushma Belvedere, an architectural marvel inspired by the grandeur of the iconic Belvedere Palace in Vienna, has officially received RERA approval, marking a significant milestone in bringing an unmatched luxury living experience to Solan Valley. This prestigious development by Sushma Group is set to redefine mountain living, seamlessly blending opulence with the serenity of nature. […] The post Sushma Belvedere Achieves RERA Approval, Paving the…

by Sakshi Gupta Principal Economist HDFC Bank In the inflation-growth trade-off the RBI tilted towards supporting growth by cutting the policy rate by 25bps today. This decision was underpinned by the governor’s emphasis on the “flexibility” in the inflation target framework, a deviation from the previous assertion of reaching the median target of 4% by the […] The post HDFC Bank: 25bps Rate Cut by RBI…

quote by Arka Sarkar, VP – Marketing and Sales at Pilani realty. The MPC’s decision to lower the policy rate by 25 basis points is a welcome move for the real estate sector. This anticipated rate cut, the first in nearly five years, will provide substantial relief to home buyers. Lower interest rates translate to […] The post Arka Sarkar Shares Expert Insights on RBI…

quote by Mr. Amit Goenka, MD and CEO at Nisus Finance. The rate cut was much awaited as India has been experiencing a slowdown in the economy. This rate cut will lead to lower EMIs for home buyers and strengthen the demand for housing. quote by Mr. Ravi Ramesh Pilani, MD at Pilani Group We […] The post RBI MPC Meeting 2025: Expert Quotes on…

Quote: In a decisive move, the RBI MPC cut the repo rate by 25 bps to 6.25%, citing easing inflation and slowing growth, while maintaining a ‘neutral’ stance to navigate global uncertainties and evolving trade dynamics. With inflation projected at 4.2% for FY26 and growth at 6.7%, the RBI aims to balance real interest rates […] The post Mr. Tarun Singh Shares Key Insights on…