Tag: inflation india

Infosys, Wipro and other IT stocks fall up to 3% after TCS Q1 earnings disappoint on revenue quality

Stocks
Shares of Indian IT majors slumped up to 3% on Friday, with Tata Consultancy Services (TCS), Infosys, and Wipro leading sectoral losses after TCS’s first-quarter earnings showed sluggish growth and failed to reassure markets amid...

Asian markets mixed; Wall Street hits record high; Hong Kong’s Hang Seng jumps 1.6%

Business
( Representative AI image) Asian markets were mixed on Friday as investors stayed cautious despite Wall Street hitting record highs.Chinese markets led regional gains, with the Hang Seng Index in Hong Kong surging 1.6%...

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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