Savings Effect

The FSSAI on Friday took legal action against Nestlé India over non-compliances involving its infant nutrition products NAN Excella Pro Stage 1 and Lactogen Pro 1.

From IPO battle to boardroom split: How Tata Sons reached its latest crisis The board backed steps towards an IPO and N Chandrasekaran’s five-year reappointment, with the vote at 4:1. Tata Trusts opposed both moves and said a listing had not yet been decided. The SP Group, which holds about 18.4% in Tata Sons, has backed the listing route and proposed monetising part of its stake.

India is facing its weakest monsoon in 17 years, with rainfall deficiency at 15%.

India’s women-owned enterprises represent a potential ₹75,000 crore credit market, with 3.85 million actively seeking credit, says Women’s World Banking.

📈 Bank of Japan raises its benchmark interest rate by 25 bps to 1.25%, the highest since 1995, in a 7-2 vote.