New Delhi, Apr 2 (PTI) India’s manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Manufacturing Purchasing
MUMBAI, Jan 15 (Reuters) – Some analysts are pushing back expectations for interest rate cuts in India as the rupee’s slump to record lows fans worries about inflation, even as growth in Asia’s third-largest economy slows. The weaker currency could add to
NEW DELHI, Jan 14 (Reuters) – India aims to boost its textile and garments industry in next month’s budget with financial support, tariff cuts on key inputs and incentives to produce locally, two government sources said. An ongoing political crisis in neighbouring
MUMBAI, Jan 14 (Reuters) – The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India helped
NEW DELHI, Jan 14 (Reuters) – India’s wholesale inflation (INWPI=ECI), opens new tab accelerated in December to 2.37% year-on-year, from 1.89% in November, government data showed on Tuesday, but in line with market expectations. The wholesale inflation rate, a proxy for producer
