Rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like IIP and CPI for further cues.
Rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like IIP and CPI for…
India’s services sector growth hit a four-month low as demand weakened amid inflation pressures, as per the S& S&P Global India Services Purchase Managers’ Index (PMI) which moderated to 55.5 in July from an 11-year high of 59.2 in…
The seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months.
The seasonally adjusted S&P Global…
Even as the Indian rupee has fallen sharply against the U.S. dollar, the rupee’s depreciation has been relatively lower unlike previous times
Even as the Indian rupee has fallen sharply against the U.S. dollar, the rupee’s depreciation…
India’s retail inflation is showing signs of peaking and the policy needed to contain prices won’t be as harsh as elsewhere, said Reserve Bank of India (RBI) deputy governor Michael Patra, also a part of the six-member Monetary Policy…
Food price inflation, which had hit 8.31% in April, eased a little to 7.97% in May
Food price inflation, which had hit 8.31% in April, eased a little to 7.97% in May
India’s retail inflation eased marginally to 7.04% in May from 7.79% in…
Rising food prices spurred an increase by 10 points each in the all-India Consumer Price Index (CPI) for agricultural and rural labourers, respectively, last month, the Ministry of Labour and Employment said in a release on Saturday.An…