•Retail Inflation Drops Below 4%: For the first time in nearly five years, India’s retail inflation has fallen below the Reserve Bank of India’s (RBI) 4% target, signaling a significant easing of price pressures. This decline in inflation is crucial for the central bank’s monetary policy and could influence future interest rate decisions

•NTC Industries Reports Sharp Decline in Profits: NTC Industries has reported a significant drop in its consolidated net profit for the June 2024 quarter, down 56.32% from the same period last year. The company also experienced a 54.50% decrease in sales, indicating a challenging quarter

•Stock Markets Reopen After Independence Day: Indian stock markets, including the BSE and NSE, have reopened today after being closed for Independence Day on August 15. The markets had a mixed session on August 14, with the Sensex and Nifty ending slightly higher, led by gains in the IT sector