Top headlines: FDI equity inflow contracts, no increment for Flipkart execs

Business Standard brings you the top headlines at this hour

No increments for Flipkart's 4,500 senior personnel this cycle

Flipkart will not be handing out increments to its senior leadership in the Grade 10 and above category — that includes roles as diverse as managers to vice-presidents — in a ‘difficult decision’ that is likely to impact 4,500 personnel. Read more

RBI MPC minutes show deepening concerns over inflation pressures

The minutes of the Monetary Policy Committee (MPC)’s Feb 6-8 meeting showed an increasing degree of concern among most members over persistent inflationary pressures, with the rate-setting panel largely flagging stubbornly high core inflation. At the conclusion