Rural markets have been pumped up by the festive season and a strong agrarian economy, based on a successful rabi season, and the FMCG sector is pleasantly surprised, said Mayank Shah, Senior Category Head, Parle Products; and Puneet Avasthi, Senior ED-Specialist Businesses, Insights Division, Kantar, in a discussion on CNBC-TV18.

The sale was stalled as Nandal Finance & Leasing, the selected bidder, had failed to disclose its ongoing litigation at the National Company Law Appellate Tribunal (NCLT).

Advances against Gold & Gold Jewellery (including receivables secured against gold) grew 47 percent from Rs 5,441 crore in the quarter ended September 2021 to Rs 8,027.7 crore in the July-September quarter of 2022. Interestingly Pralay Mondal, MD & CEO of CSB Bank told CNBC-TV18 last month that CSB Bank does not want gold loans to constitute a major part of its loan book by the end of this decade. He added that by FY30, most of the bank's loan book would come via retail, even as gold remains an integral part.

The Nita Mukesh Ambani Cultural Centre (NMACC) is situated within the Jio World Centre, which also houses India's largest convention centre as well as retail and hospitality outlets, and more.