The rupee recovered from its all-time low, appreciating by 8 paise to 84.38 against the US dollar in Monday’s early trade, supported by lower crude oil prices
18 November,2024 09:48 AM IST | Mumbai
Inflation in potato and onion remained high at 78.73 per cent and 39.25 per cent, respectively, in October
15 November,2024 07:41 AM IST | New Delhi | Agencies
The rupee slipped to an all-time low of 84.40 against the US dollar, pressured by persistent foreign fund outflows and rising inflation. The Reserve Bank’s intervention has limited sharper declines, but global pressures continue to weigh on the rupee and domestic equities.
13 November,2024 10:35 AM IST | Mumbai
Equity markets declined in early trading on Wednesday as retail inflation surged to 6.21% in October, driven by rising food prices. Continued foreign fund outflows, weak quarterly earnings, and global market trends further pressured the BSE Sensex and NSE Nifty.
13 November,2024 10:29 AM IST | Mumbai
SBI Research has stated that a rate cut by the RBI is unlikely in February 2025 due to persistent inflation. While inflation is expected to ease slightly from January, it will mainly be driven by base effects, not a significant reduction in price pressures.
13 November,2024 09:25 AM IST | New Delhi
Retail inflation breached the Reserve Bank’s upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices.
13 November,2024 08:15 AM IST | New Delhi | Agencies
Bank of Baroda projects India’s GDP growth at 6.9 percent for Q2 FY25, citing strong domestic demand and positive economic indicators. The festive season and increased government spending are expected to support sustained growth, though inflationary pressures may affect future policy decisions.
12 November,2024 12:37 PM IST | New Delhi
Countries are expected to replace the previous USD 100 billion annual commitment to developing countries from the 2009 Copenhagen Accord
11 November,2024 12:32 PM IST | Baku | mid-day online correspondent
The Sensex and Nifty fell in early trade, impacted by sustained foreign fund outflows and weak performances from key stocks. Analysts attribute the decline to inflation concerns, investor exits, and cautious sentiment ahead of RBI’s upcoming policy review.
08 November,2024 10:44 AM IST | Mumbai
The Indian market is under pressure due to global rate cuts, capital outflows, and renewed volatility. Experts foresee continued caution amid uncertain global economic conditions.
08 November,2024 10:09 AM IST | MumbaiADVERTISEMENT
