Wholesale Inflation Eases 0.32% In November
Wholesale inflation eased 0.32% in November on softer food prices, though higher pulses and vegetables lifted sequential WPI.
Wholesale inflation eased 0.32% in November on softer food prices, though higher pulses and vegetables lifted sequential WPI.
CPI inflation may fall below 1% in October as GST cuts and softer food prices deepen disinflation ahead of the RBI’s December policy review.
Data from AI-led recovery firm shows a rise in both digital credit and larger-ticket secured loans during India’s peak spending months India’s festive season has triggered a sharp increase in borrowing activity, with digital lending volumes rising 16.55 per cent from 2.9 million loans in non-festive months to 3.4 million during the festive period, according […]
To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend that started accruing from 2018 and, as calculations show, will last till 2055, according to an article in the Reserve Bank of India’s (RBI) […]
Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level. The Monetary Policy Committee of the RBI in its February review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo […]
While the share of micro, small and medium enterprises (MSMEs) in the manufacturing sector has remained fairly constant, their contribution to overall exports has declined despite the recovery in FY22, according to a joint report by U GRO Capital and Dun and Bradstreet (D&B). While talking about the lending ecosystem, the ‘MSME Sampark Bi-annual report […]
Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, it said that India’s GDP is expected to grow by 6.5 per cent in financial year 2024. Growth projections for Financial Year 2024 indicate that India will grow by 6.5 […]
The Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, remaining the fastest-growing major economy. India’s GDP growth for the April-June quarter grew 7.8 per cent. Real GDP or GDP at Constant (2011-12) Prices in Q2 2023-24 is estimated to attain a level of Rs 41.74 lakh crore, […]
Preliminary data from state-owned firms reveals that diesel sales in India have declined for the second consecutive month in September. The drop in demand is attributed to rains that have dampened industrial activity and reduced the need for diesel in certain regions of the country. While diesel sales by three state-owned fuel retailers saw a […]