CLOSING BELL: HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers
The Consumer Prices Index rose 10.1% last month from 9.9% the month before, the Office for National Statistics said Wednesday.
RBI says that the inflation might have hit the peak and it could start to lose steam from now. Some say the RBI should breathe easy, while others say it shouldn't. Is the worst of inflation behind us
The growth in nominal terms has been steady but the sharp rise in inflation seems to have eaten into the increase
According to Grant Thornton Bharat's Dealtracker September 2022 report, a total of 450 deals worth $10.2 billion were recorded in Q3FY23, 25 per cent below the 600 deals recorded in Q3FY22
India's most hawkish rate-setter said the policy rate was reaching a level that allows past aggressive action to cool inflation without inflicting too much pain on the economy
If inflation is 8%, the playbook says you've got to raise rates higher than inflation, which means 9%, says the co-founder of Mobius Capital Partners
1-year bond yield logs the sharpest fall in two-and-a-half months
Fight against price rise could be 'dogged and prolonged'
In a Q&A, she says interest differential with the US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market
He says that the market valuation premium over emerging market (EM) peers is around 70% versus the long-term average of nearly 40%
Joe Biden called embattled British Prime Minister Liz Truss' abandoned tax cut plan a "mistake," and said he is worried that other nations' fiscal policies may hurt the US amid "worldwide inflation."
However, anticipating critics, Sitharaman added that the government is working to bring it down under 6% and would like to bring it down under 6% and "ideally" to 4%
Austria's central bank OeNB revised upwards its inflation forecasts for 2022 through 2024, citing surging energy prices and wage costs
Dip in dollar and bonds boosts global equities
The data released on Wednesday showed CPI-based inflation again shot up to 7.6 per cent in September, up from 7 per cent in August
India relative bright spot in the world; 6.8 per cent growth rate 'really a good number': Senior executive
The MPC is of the view that further calibrated monetary policy action is warranted to keep inflation expectations anchored
Former Congress president Rahul Gandhi on Friday sought to know from Prime Minister Modi why inflation and unemployment were at a high and said the government will have to answer these questions
Global stock markets surged on Friday after Wall Street rebounded from a slump caused by higher-than-forecast inflation numbers