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IndiaTV Business: Google News Feed: Digest for October 18, 2022

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Table of Contents

Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank of India's tolerance level of 6 per cent.
Paolo Mauro, Deputy Director of International Monetary Fund (IMF) spoke on India's digital cash transfer scheme, and termed it to be a "logistical marvel, seeking to help people at low‑income levels, reaching hundreds of millions of people.
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank of India's tolerance level of 6 per cent.
Paolo Mauro, Deputy Director of International Monetary Fund (IMF) spoke on India's digital cash transfer scheme, and termed it to be a "logistical marvel, seeking to help people at low‑income levels, reaching hundreds of millions of people.
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank of India's tolerance level of 6 per cent.
Paolo Mauro, Deputy Director of International Monetary Fund (IMF) spoke on India's digital cash transfer scheme, and termed it to be a "logistical marvel, seeking to help people at low‑income levels, reaching hundreds of millions of people.
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank of India's tolerance level of 6 per cent.
Paolo Mauro, Deputy Director of International Monetary Fund (IMF) spoke on India's digital cash transfer scheme, and termed it to be a "logistical marvel, seeking to help people at low‑income levels, reaching hundreds of millions of people.
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.  

Ericsson partners with Jio to build 5G standalone network

Monday 17 October 2022 09:24 AM UTC+00
Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. 
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.  

Ericsson partners with Jio to build 5G standalone network

Monday 17 October 2022 09:24 AM UTC+00
Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. 
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.  

Ericsson partners with Jio to build 5G standalone network

Monday 17 October 2022 09:24 AM UTC+00
Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. 
Markets regulator Sebi has given its nod for the proposed initial public offerings of four companies -- BIBA Fashions Ltd, Keystone Realtors Ltd, Plaza Wires Ltd and Hemani Industries Ltd. These companies have received their respective observation letters from Sebi, according to an update on the regulator's website as on October 14.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.  

Ericsson partners with Jio to build 5G standalone network

Monday 17 October 2022 09:24 AM UTC+00
Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. 
Markets regulator Sebi has given its nod for the proposed initial public offerings of four companies -- BIBA Fashions Ltd, Keystone Realtors Ltd, Plaza Wires Ltd and Hemani Industries Ltd. These companies have received their respective observation letters from Sebi, according to an update on the regulator's website as on October 14.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.  

Ericsson partners with Jio to build 5G standalone network

Monday 17 October 2022 09:24 AM UTC+00
Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. 
Markets regulator Sebi has given its nod for the proposed initial public offerings of four companies -- BIBA Fashions Ltd, Keystone Realtors Ltd, Plaza Wires Ltd and Hemani Industries Ltd. These companies have received their respective observation letters from Sebi, according to an update on the regulator's website as on October 14.
5G technology in India: In a remarkable revelation, Finance Minister Nirmala Sitharaman on Thursday (October 13) said that the 5G technology in India is completely indigenous, one that is not imported from somewhere else and is the country's own product.
Business news: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items.
India oil demand forecast: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep Singh Puri said.
Nirmala Sitharaman on subsidies: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a "unidimensional" view of the subsidies provided by the Indian government and asserted that it is important to differentiate between "distortive subsidies" and "targeted support" to the vulnerable households.
Amul on Saturday announced a hike in the prices of milk across all states, except in Gujarat. The milk prices (full cream milk and buffalo milk) have been increased by Rs per litre. 
HDFC bank profit jump: HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore, helped by a reduction in money set aside for bad loans.
Mother Dairy on Saturday announced that prices of full cream milk and cow milk will be hiked by Rs 2 in the Delhi-NCR region from Sunday due to a rise in input costs. 
Air passenger traffic volume is expected to recover to the pre-pandemic level, implying a robust 75 per cent year-on-year growth this fiscal, a report said on Monday.  

Ericsson partners with Jio to build 5G standalone network

Monday 17 October 2022 09:24 AM UTC+00
Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone (SA) network in the country. 
Markets regulator Sebi has given its nod for the proposed initial public offerings of four companies -- BIBA Fashions Ltd, Keystone Realtors Ltd, Plaza Wires Ltd and Hemani Industries Ltd. These companies have received their respective observation letters from Sebi, according to an update on the regulator's website as on October 14.
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