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Wholesale inflation rate  drops to 1.9 per cent in November

Wholesale inflation rate drops to 1.9 per cent in November

The fuel and power category witnessed a deflation of 5.83 per cent in November, against a deflation of 5.79 per cent in October

17 December,2024 07:55 AM IST | New Delhi | Agencies
 Indian markets slide in early trade, Sensex drops by 215.59 points

Indian markets slide in early trade, Sensex drops by 215.59 points

Benchmark indices Sensex and Nifty declined in early trade on Monday, reflecting weak global trends and caution ahead of WPI inflation data.

16 December,2024 10:11 AM IST | Mumbai
India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food prices

India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food prices

The arrival of fresh harvests of tomatoes, onions, and potatoes has been reflected in higher mandi arrivals, easing supply pressures

14 December,2024 01:50 PM IST | New Delhi | mid-day online correspondent
Sensex falls 412 points, Nifty tumbles 129 points due to metal stock slump

Sensex falls 412 points, Nifty tumbles 129 points due to metal stock slump

The Sensex and Nifty both experienced significant declines in early trade on Friday, falling by over 400 points and 120 points respectively, as metal stocks took a hit and foreign institutional investors continued to offload equities.

13 December,2024 10:22 AM IST | Mumbai
Rupee recovers from all-time low, appreciates to 84.83 against US dollar

Rupee recovers from all-time low, appreciates to 84.83 against US dollar

The Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.

13 December,2024 09:45 AM IST | Mumbai
 Inflation decline sharper in high-income states, according to SBI report

Inflation decline sharper in high-income states, according to SBI report

The State Bank of India's report highlights that middle and high-income states have experienced a steeper decline in food inflation compared to low-income states, attributed to labour migration and faster disinflation in wealthier regions.

13 December,2024 09:25 AM IST | New Delhi
Rupee falls by 2 paise to 84.85 against the dollar in early trade

Rupee falls by 2 paise to 84.85 against the dollar in early trade

The Indian rupee slipped by 2 paise to 84.85 against the US dollar due to foreign fund outflows, rising crude oil prices, and a higher dollar index. The domestic currency's decline comes ahead of key inflation data.

12 December,2024 09:41 AM IST | Mumbai
Shaktikanta Das says,

Shaktikanta Das says, "Inflation control is a huge challenge for new RBI gov"

Reflecting on the struggles he went thorough when he assumed office in 2018, Das recalled addressing issues related to banking sector and liquidity management

10 December,2024 02:33 PM IST | Mumbai | mid-day online correspondent
Mid-Day Top News: RBI governor on inflation, BEST bus driver arrested and more

Mid-Day Top News: RBI governor on inflation, BEST bus driver arrested and more

Stay informed with the latest developments in the nation, Mumbai, entertainment, sports, and more. Let's dive into the headlines shaping our world today

10 December,2024 02:11 PM IST | Mumbai
RBI keeps repo rate unchanged at 6.5%, reduces GDP growth forecast for FY25

RBI keeps repo rate unchanged at 6.5%, reduces GDP growth forecast for FY25

The Reserve Bank of India maintains the repo rate at 6.5 percent and revises GDP growth for FY25 down to 6.6 percent. Inflation forecast is raised to 4.8%.

06 December,2024 10:54 AM IST | New Delhi

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