WPI Inflation Spikes To Record 15.88% In May As Heatwave Stokes Food Prices
New Delhi- Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a...
Rupee Slides 11 Paise Against USD, Breaches 78-Mark For First Time
Mumbai- Dropping for the third straight session, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the...
Retail Inflation Eases To 7.04% In May On Softening Food, Fuel Prices
New Delhi- Retail inflation eased to 7.04 per cent in May, mainly on account of softening food and fuel prices as the government as...
Top-10 Most Valued Firms Lose Over Rs 2.29 Lakh-Crore In M-cap
New Delhi- The market capitalisation (m-cap) of the top-10 most valued companies eroded by over Rs 2.29 lakh crore last week, with Life Insurance...
Auto, Home And Personal Loans Become Expensive With Banks Raising Rates
New Delhi- Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike...
RBI Retains FY23 GDP Forecast At 7.2%; Cautions Against Negative Global Spillovers
Mumbai- The Reserve Bank on Wednesday retained its GDP growth forecast at 7.2 for the current fiscal but cautioned against negative spillovers of geopolitical...
EMIs To Rise As Reserve Bank Hikes Repo Rate By 50 Bps; 2nd Increase...
Mumbai- Home, auto and other loan EMIs will rise after Reserve Bank of India on Wednesday raised the key interest rate by 50 basis...
No Proposal To Replace Face Of Mahatma Gandhi On Banknotes: RBI
Mumbai- Dismissing reports, the Reserve Bank on Monday said there is no proposal to replace the face of Mahatma Gandhi with that of others...
Need To Make Indian Banks, Currency Important Part Of Int’l Trade, Supply Chain: PM...
New Delhi- Prime Minister Narendra Modi on Monday stressed the need to make India's banks and currency an important part of the international trade...
Retail Investors Acting Like Shock Absorbers In Stock Market: FM
New Delhi- Amid continuing volatility in the stock market, Finance Minister Nirmala Sitharaman on Tuesday said retail investors seem to act as shock absorbers...