NEW DELHI, June 9 (Reuters) – India’s fertiliser ministry has sought to double its budgeted subsidy fund for the current fiscal year amid a global price rally, a government official said, as the South Asian nation increasingly counts the mounting cost of
New Delhi, Jun 16 (PTI) The country’s biggest lender SBI (State Bank of India) has reduced its lending rate by 50 basis points following the Reserve Bank’s policy rate cut, making loans cheaper for both existing and new borrowers. With the latest
Mumbai, Jun 16 (PTI) The rupee rose 8 paise to 86.03 (provisional) against the US dollar on Monday amid a strong show at the domestic equity markets, weakening dollar, and easing of global crude oil prices. However, decline in exports, along with
Mumbai, Jun 16 (PTI) Benchmark stock indices Sensex and Nifty rebounded by nearly 1 per cent on Monday following value buying in IT and oil shares and a rally in global shares amid a drop in Brent crude oil prices. The 30-share
New Delhi, Jun 16 (PTI) Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices. WPI-based inflation was 0.85 per
