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India’s retail inflation accelerated to 2.07% in August, as food prices inched up. Annual retail inflation quickened from a revised 1.61% in July and was above a Reuters poll of 2.1%. Commentary: Upasna Bhardwaj, chief economist, Kotak Mahindra Bank, Mumbai The August headline CPI inflation has come inline with expectations further reinforcing the underlying benign trajectory. Going ahead, the one-time GST cut impact is likely to play out in the year ahead offsetting, in part, the impact of adverse base effect into FY27. While we see a pause by the RBI in the upcoming policy, we do see some scope for rate cuts worth 25-50 bp opening up from December policy if downside risks to growth materialise and the Fed moves ahead with aggressive rate cuts. Garima Kapoor, economist, institutional equities, Elara Securities, Mumbai Sluggishness in food prices amid benign fuel and clothing inflation supported modest print on headline CPI at 2.1% - exactly in line with our expectation. Subdued headline inflation, along with an expected downside to the retail inflation owing to GST rate cuts, suggests that there is a further downside to the RBI’s CPI projection.

National High Speed Rail Corporation Limited and Larsen & Toubro signed a deal. The agreement involves track work for the Mumbai-Ahmedabad Bullet Train project. Larsen & Toubro will handle design, supply, construction, testing, and commissioning. The project covers a 157 km stretch from Mumbai to Zaroli village. It includes four stations and a depot at Thane.

New Delhi [India], September 11 (ANI): National High Speed Rail Corporation Limited signed an agreement today with Larsen & Toubro Limited for Design, Supply and Construction of Track and Track-related Works, including Testing and Commissioning for Double Line High Speed Railway in the state of Maharashtra. According to the release, totalling about 157 route km alignment, the complete alignment between Mumbai

New Delhi [India], September 11 (ANI): The National High Speed Rail Corporation Limited (NHSRCL) on Thursday signed an agreement with Larsen and Toubro (L&T) for the design, supply, construction, testing and commissioning of the Mumbai-Ahmedabad high-speed train project. NHSRCL shared a post on their official 'X' handle and informed about the development. 'National High Speed Rail Corporation Limited (N

E2E Networks, backed by Larsen & Toubro, secured a ₹177 crore order from the Government of India for GPU resources to support AI development. The company shares have achieved a remarkable 9054% return over five years.