Tag: inflation india

Why stock market is up today: 4 key factors behind today’s rally; Sensex surges 650 pts, Nifty above 23,350

Stocks
Indian benchmark indices, Nifty50 and Sensex, surged on Friday, rebounding from a weak start, driven by attractive large-cap valuations and renewed optimism over easing foreign selling.The BSE Sensex climbed 665 points, or 0.87%, to 77,013,...

India’s $23 billion plan to rival China factories to lapse after it disappoints

Economy
Indian Prime Minister Narendra Modi's government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to...

Food inflation in richer states cooling down faster

Economy
State Bank of India (SBI) has shed light on significant variations in food inflation trends across Indian states in its latest report. According...

Rate cut unlikely even in February, inflation to dip January onwards: SBI research

Economy
New Delhi: The interest rate cut by the Reserve Bank of India (RBI) is unlikely in February due to the persistent inflation, SBI...

inflation: India’s retail inflation accelerates to 5.49%, exceeds RBI’s 4% target

Economy
India's retail inflation accelerated to a 9-month high of 5.49 per cent on an annual basis in September, driven by a persistent rise...

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