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Top Seven Business And Market Stories Of The Day You Can't Miss — Aug. 8

Important news, must read stories on NDTV Profit on Thursday.

Eicher Motors Q1 Results: Profit Rises 20%, Beats Estimates

Net profit of the Royal Enfield-maker rose 20% year-on-year to Rs 1,101.46 crore in the three months ended June.

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RBI Monetary Policy: Despite 'Hawkish' Policy, Economists See Shallow Rate Cut Cycle From December

Despite 'hawkish' tone on inflation, economists expect a change of stance in October, followed by the first rate cut in December.

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200 Hero Electric Dealers Protest At Gurugram HQ Seeking Rs 500-Crore Dues

The outstanding dues include a ledger balance of Rs 300 crore and unpaid warranty expenses worth Rs 100 crore.

Photo Credit: Hero Electric website

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NCLT Orders IIHL To Deposit Rs 2,750 Crore In COC's Choice Of Escrow Account

A press release from IIHL on Aug. 2 states that the company has deposited the required Rs 2,750 crore into its bank account as part of its equity contribution.

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India’s Healthtech Sector Growing Faster Than Global Peers, But There’s A Catch

Healthtech service providers are still finding it difficult to penetrate the rural belt.

Photo Credit: Pexels

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RBI Monetary Policy: MPC Keeps Repo Rate Unchanged With 4:2 Majority, Status Quo On Stance

MPC had raised the benchmark repo rate by 250 basis points in the last cycle before opting for a pause in April last year.

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MPC Meeting 2024: RBI Wary Of Growth In Top-Up Loans By Lenders

RBI Governor Das added that such practices of doling out top-up loans lead to funds being deployed for speculative purposes.

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