MUMBAI, June 19 (Reuters) – India’s rate panel chose to adopt a wait and watch approach in keeping interest rates on hold earlier this month, to see if higher oil and food prices are likely to lead to more generalised inflation, minutes
March 13 (Reuters) – India’s benchmark indexes opened marginally higher on Thursday, tracking global market trends, and as investors drew comfort from softer-than-expected inflation data in the U.S. and India. The Nifty 50 rose 0.15% to 22,501 as of 9:20 a.m. IST,
March 13 (Reuters) – Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts. Spot gold was up 0.4% at $2,943.66 an ounce,
NEW DELHI, March 12 (Reuters) – India’s retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices, giving the central bank room to cut rates further in coming meetings. Annual
March 12 (Reuters) – Inflows into India’s equity mutual funds shrank to a 10-month low in February as the benchmark index posting its longest falling streak in nearly three decades pushed away investors, data released on Wednesday showed. Inflows fell 26% month-on-month,