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New Delhi8 minutes ago Copy link Yesterday’s big news was related to retail inflation. Retail inflation has come down to 1.55% in July. This is 8 years 1 month low. Earlier in June 2017 it was 1.54%. At the same time, RBI Governor Sanjay Malhotra has said that banks decide how much money to keep…
New Delhi: Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. The Wholesale Price Index (WPI) is estimated to have fallen to -0.45 per cent year-on-year in July, down from -0.13 per cent…
New Delhi: The cost of home-cooked vegetarian and non-vegetarian thalis declined 14 per cent and 13 per cent, respectively, in July this year compared to the same month of the previous year, amid benign commodity prices, according to Crisil’s monthly indicator of food plate cost. The decline in vegetarian thali cost year-on-year was led by…
New Delhi: A Crisil report on Monday projected India’s gross domestic product (GDP) to grow at 6.5 per cent this fiscal (FY26), supported by improving domestic consumption, among other positive indicators. The Crisil Intelligence’s near-term outlook report suggested US tariff-related global uncertainty as the top risk to India’s growth. “However, growth is expected to be…
New Delhi: A recent report says that lower income taxes, easing inflation, falling interest rates, and a good outlook for farm output are likely to boost rural incomes in India. This could lead to higher spending across the country. Since household consumption makes up nearly 60 per cent of India’s GDP, any rise in rural…
New Delhi: India is likely to see a GDP growth of 6.5 per cent in current fiscal (FY26) due to robust domestic demand, a normal monsoon and monetary easing, a report by S&P Global Ratings said on Tuesday. Domestic demand resilience is particularly relevant in limiting the economic slowdown in economies less exposed to goods…
New Delhi: Indian economic activity has surged to a 14-month high in June as companies scaled up output in response to faster increases in total new business intakes and a record upturn in export orders, according to the HSBC flash PMI data released on Monday. The HSBC Flash India Composite Output Index – a seasonally…
Mumbai53 minutes ago Copy link Yesterday’s big news was related to Pakistan and Russia. After the Pahalgam terror attack in India, Pakistan’s problems may increase once again. The international body FATF (Financial Action Task Force) is preparing to put Pakistan in the gray list for the fourth time. At the same time, Russia’s economy is…
New Delhi: The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economists said on Monday, adding that they expect WPI inflation to remain benign in the coming months, assuming geopolitical tensions abate. The annual rate of inflation based on the WPI eased…
Mumbai: The coming week is expected to be crucial for Indian stock markets, as global geopolitical developments, crude oil prices, the upcoming US Fed policy decision, and key domestic economic data are all set to influence investor sentiment. One of the biggest factors that could drive global market volatility next week is the ongoing Israel-Iran…