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Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

ANI   


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India's retail inflation eases further in May; here's what experts say

Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…

ANI   


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Stock market today: US stocks edge up after wholesale inflation comes in cool

"CPI might have seemed hot, but PPI was not. Overall, these numbers are getting less impactful as i…

Matthew Fox   


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India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI   


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4 mins read

With Fed rate cuts imminent, what can you expect from the Indian markets next week?

Experts now believe a 25-basis point reduction in interest rates is imminent, since some positive c…

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2 mins read

Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation

The S&P 500 ended at a record high on Friday, representing the index's 45th record closing high thi…

Matthew Fox   


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America's shopping spree is over and retailers are facing a new world of cautious consumers

76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…

Jennifer Sor   


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'Strong' Walmart results come as a relief for the retail sector

Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…

Grace Dean   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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1 min read

Retail inflation eases to four-month low of 4.87% in October

India’s retail inflation eased to a four-month low of 4.87% in October, mainly due to cooling price…

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Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues

Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …

PTI   


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Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts

Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …

PTI   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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2 mins read

IT department declares 363 as cost inflation index for current fiscal

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

PTI   


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3 mins read

Retail inflation inches to 4-month high in Dec; IIP growth slips to 8-month low in Nov

Retail inflation inched up marginally to a four-month high of 5.69% in December 2023, mainly on acc…

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Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy

Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…

Kelly Cloonan