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Wholesale inflation touches 15-month high in May

Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…

PTI   


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2 mins read

RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…

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3 mins read

India's retail inflation eases further in May; here's what experts say

Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…

ANI   


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RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…

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Retail inflation eases marginally to 1-year low of 4.75% in May: Govt data

Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items de…

PTI   


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RBI report highlights 3 ways in which climate change can increase inflation and hinder growth in India

Climate change poses an escalating challenge in the 21st century, marked by rising temperatures and…

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1 min read

Wholesale inflation rises for third straight month in May at 2.61%, food items costlier

"Positive rate of inflation in May, 2024 is primarily due to increase in prices of food article…

PTI   


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Rupee rises 9 paise to close at 83.30/USD post-RBI policy decision

The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve …

PTI   


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With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

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2 mins read

Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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Sensex, Nifty scale fresh peaks as inflation cools off; Heavy buying in capital goods aids indices

Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inf…

PTI   


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Fitch raises India's growth estimates for FY 25 to 7.2%

Investment will continue to rise but more slowly than in recent quarters, while consumer sp…

PTI   


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Rupee falls 10 paise to close at 83.50 against US dollar; Downside restricted by easing political uncertainties, per traders

The rupee settled for the day lower by 10 paise at 83.50 (provisional) against the US dollar on Mon…

PTI   


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Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout

Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…

PTI   


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Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…

PTI   


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2 mins read

Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024

Growth in India, which already is strong and surging, may become more broad-based across both on th…

ANI   


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Wholesale price inflation rises to 9-month high in Dec

India's inflation rate based on the Wholesale Price Index (WPI) rose to a nine-month high of 0.73 p…