RBI governor says sharp rise in crude oil prices to have limited impact on inflation
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that only a limited impact on inflation is expected in view of spiked crude oil
Category : Business News
Maruti to launch a small car ‘S-Presso’ to beat slump
Maruti Suzuki India Limited (MSIL), which is experiencing a massive decline in demand for its entry-level segment cars, has confirmed the launch of a new
Sensex jumps 1,950 points, Nifty tops 11,250 after corporate tax cut
Domestic stock markets registered sharp gains to nearly two-month highs on Friday after Finance Minister Nirmala Sitharaman announced a cut in corporate tax rate for
Stock market updates: Sensex plunges 470 points; Nifty closes at 10,708
Domestic equity indices today closed with losses of more than one per cent amid mixed cues from global markets. Sensex at Bombay Stock Exchange plunged
Wholesale inflation remains unchanged in August
Wholesale price-based inflation was unchanged at 1.08 per cent in August, reinforcing the expectation of a rate cut by the RBI in the October policy
Oil prices rise more than 10% after Saudi plant attacks
Brent crude jumped 10% to 66.28 Dollar a barrel, while West Texas Intermediate rose 8.9% to 59.75 Dollar in Asian trading. Prices pulled back slightly
FPIs turn net buyers, infuse Rs 1,841 crore in September first half
Foreign portfolio investors turned net buyers in this month so far, pumping more than 1,800 crore rupees into the capital markets, after remaining sellers for
Foreign exchange reserves soar USD 1 bn to USD 429.60 bn
The country’s foreign exchange reserves increased by 1.004 billion US dollars to 429.608 billion dollars in the week to September 6. As per latest RBI
Food parks to get Rs 3,000 crore World Bank support
Union Minister of State for Food Processing Industries Rameswar Teli has said, the World Bank will provide three thousand crore rupees assistance to finance, mini
India’s retail inflation rises to 3.21% in August
Retail inflation inched up marginally to 3.21 per cent in August this year from 3.15 per cent in July, mainly due to costlier food items.