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Wholesale inflation stays in negative for fourth month at -1.36% in July
The wholesale price based inflation remained in the negative territory for the fourth straight mont…
PTI
WPI inflation eases to 10.7 pc in Sep
The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in S…
PTI
Stock markets rebound on buying in IT stocks, positive macro data
Benchmark Sensex rebounded 335 points and Nifty closed above the 22,100 level on Thursday on the ba…
PTI
Wholesale inflation falls to 2-year low of 3.85% in February
India's Wholesale Price Index (WPI)-based inflation in February 2023 fell to a 24-month low of 3.85…
Flipkart Wholesale business woos mom-and-pop stores in tier-2 cities
Flipkart Wholesale, the e-commerce giant's unit targeting Indian kirana stores with an omnichannel …
Wholesale price inflation eases to 29-month low of 1.34% in March
The wholesale price-based inflation eased to a 29-month low of 1.34 per cent in March on easing pri…
PTI
Wholesale inflation turns negative in April, after retail inflation eases to 18-month low
Wholesale inflation in India based on the Wholesale Price Index turned negative in April at (-) 0.9…
RBI to launch the nation's first digital rupee pilot project for the wholesale segment today
The central bank further informed that "the first pilot in Digital Rupee - Retail segment (ea,…
US stocks fall on wholesale inflation data while investors look ahead to big week for markets
Investors are looking ahead to a big week, with consumer inflation data coming out on Tuesday and t…
Jason Ma
Indian banks better placed than their US peers due to attractive valuations and stickier deposits
Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …
US stocks trade mixed as an uptick in wholesale inflation keeps pressure on the Fed to stay aggressive
The producer price index increased 8.5% year-over-year last month, higher than expectations ranging…
Brian Evans
Wholesale inflation in India is now near the same level as it was during the 1991 economic crisis
The wholesale inflation stood at 12.96% in the financial year 2021-2022. This is close to the level…
Indian banking will maintain its growth momentum: South Indian Bank MD & CEO
Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…
US stocks extend rally as a drop in wholesale prices boosts optimism that inflation is cooling
The producer price index fell 0.5% from June to July, the first month-over-month decrease since Apr…
Brian Evans
Sensex, Nifty50 edge up in morning trade led by energy, metal and IT stocks
India’s benchmark indices Sensex and Nifty50 are likely to open on a cautious note on Tuesday amid …
Banks to reap rewards of interest rate hikes in Q2 earnings
The Indian banking sector is expected to report strong growth in net interest income, margins and l…
India's wholesale inflation rises further to 15.08% in April from 14.55% a month ago
The high rate of inflation in April was primarily due to rise in prices of mineral oils, basic meta…
SVB resolution reassuring, will bring relief to startups: IT minister Ashwini Vaishnaw
Amid the US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT mi…
PTI
Kotak Mahindra Bank has small exposure to Adani; issues afflicting group more valuations-oriented
Private sector lender Kotak Mahindra Bank has a "small exposure" to the embattled Adani Group which…
PTI
Canadian TD Bank's move for Cowen underscores desire for a bigger piece of the investment-banking pie
Today's big story on Wall Street looks at Toronto-Dominion Bank's $1.3 billion purchase of Cowen. T…