Get App
Recently released macro economic data on India points to a strong recovery across various sectors and the economy is expected to expand in the coming months.IHS Markit released India’s manufacturing and services PMI data for the month of September. The data ...
Benchmark Indian indices, which rose for five weeks in a row, fell for the week ended on October 1 as investors squared off their positions and booked profits. For the week, the Nifty fell 1.8% to close at 17532.1 and ...
Aditya Birla Sun Life (ABSL) AMC initial public offering (IPO) is set to open for subscription on September 29 and end on October 1. The price band for the IPO is fixed at Rs 695 to 712 per share.The IPO ...
The Union Cabinet announced a series of measures which came as a relief for the debt strapped telecom companies in India.The structural and procedural reforms will improve the situation for Bharti Airtel and Vodafone, the two telecos affected by non-payment ...
India’s inflation measured by Wholesale Price Index rose to 11.39% in August on a year-on-year basis, due to higher prices of manufactured goods, according to data released by the Ministry of Commerce and Industry. It stood at 11.16% in July ...
Inflation based on Consumer Price Index (CPI) cooled down to 5.3% in August, from 5.59% in July as food prices fell, according to data released by the government’s statistics agency. The retail inflation has remained within the central bank’s target ...
India’s manufacturing and services sector expanded in August, though the pace of manufacturing growth slowed down.IHS Markit recently released services PMI and manufacturing PMI data. India’s services business activity stood at 56.7 in August compared with 45.4 in July. The ...
India’s economy grew at 20.1% in the Apr-Jun quarter of FY22, compared with year ago period on constant price basis. Constant price represent the real GDP which is adjusted for inflation. The economy contracted in the same period of last ...
Rating agency CRISIL raised the credit outlook of Corporate India to “positive” from “cautiously optimistic” for FY22, on the back of a sustained recovery in demand. The agency said that the second wave had weighed on the country’s economy and ...
Retail inflation measured by Consumer Price Index declined to 5.59% in July as food prices fell, according to data shown by National Statistics Office. The CPI was 6.26% in Jun 2021 and 6.73% in July 2020.The food inflation fell substantially ...