[ad_1] A man ties a balloon to the horns of a bull statue at the entrance of the Bombay Stock Exchang.in Mumbai. File photo | Photo Credit: Reuters The Benchmark indices climbed in early trade on Tuesday, December 13, 2022, amid firm global market trends and as retail inflation dipped below the RBI’s upper tolerance […]
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[ad_1] A customer hands Indian currency notes to an attendant at a fuel station in Mumbai. | Photo Credit: Reuters The rupee depreciated 20 paise to 82.71 against the U.S. dollar in early trade on Tuesday due to unabated foreign fund outflows from domestic capital markets. However, a positive trend in equity markets and a […]
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[ad_1] A scene at wholesale vegetable market Azadpur Mandi, in New Delhi. File | Photo Credit: Sushil Kumar Verma India’s retail inflation cooled to 6.77% in October from 7.41% in September, slipping below the 7% mark for the first time in three months and only the second time since April’s eight-year high mark of 7.8%. […]
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[ad_1] SC to deliver judgement on Thursday in Karnataka hijab ban matter The Supreme Court is scheduled to pronounce its verdict on Thursday on a batch of petitions challenging the Karnataka High Court judgement refusing to lift the ban on hijab in educational institutions of the state. Despite setback, India, U.K. officials hope to conclude […]
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[ad_1] September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from the Reserve Bank of India September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases […]
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[ad_1] India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month. This is the eighth successive month that […]
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[ad_1] The Finance Ministry late Monday termed the increase in retail inflation from 6.71% in July to 7% in August as ‘moderate’, and attributed it to an adverse base effect and an increase in food and fuel prices, which it called “the transient components” of Consumer Price inflation. Core inflation, which excludes these ‘transient components’ […]
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[ad_1] Trading momentum was positive ahead of retail inflation and industrial output data, which will be announced after market hours. Trading momentum was positive ahead of retail inflation and industrial output data, which will be announced after market hours. Equity benchmarks made a positive start to the week on Monday, September 12, 2022, amid a […]
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[ad_1] What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? The story so far:India’s economy grew at a slower-than-expected 13.5% in the first quarter […]
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[ad_1] The biggest risk to India’s growth outlook is an escalation of geopolitical tensions, especially if these tensions spread to the Asian region, Reserve Bank of India’s Monetary Policy Committee (MPC) member Jayanth R. Varma said on Wednesday. Mr. Varma, in an interview to PTI, said that inflation and inflationary expectations appear to be moderating and […]
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