Reliance Industries Q2 net profit jumps 43% to Rs 13,680 crore
Reliance Industries Limited (RIL) on Friday posted a 43 per cent jump in its consolidated net profit for the second quarter (Q2) ending September 30. The company posted a net profit of Rs 13,680 crore in Q2 as against a profit of Rs 9,567 crore in the same period last year.
RBI remains laser-focused to bring back inflation to 4%: Das
The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The retail inflation, which was above 6 per cent during May and June, stood at 4.35 per cent in September.