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Wholesale price inflation inches up to 2.38 pc in Feb

New Delhi, Mar 17 (PTI) Wholesale price inflation marginally rose to 2.38 per cent in February due to expensive manufactured food items like vegetables oil and beverages, government data released on Monday showed. The Wholesale Price Index (WPI) based inflation was 2.31 per cent in January. It was 0.2 per cent in February 2024. Positive rate of inflation in February, 2025 is primarily due to the increase in prices of manufacture of food products, food articles, other manufacturing, non-food articles and manufacture of textiles, etc, according to the statement issued by the Ministry of Commerce & Industry. As per the

Country facing challenges; let’s have minimum glorification, maximum governance: Congress on PM podcast

New Delhi, Mar 17 (PTI) The Congress on Monday took a swipe at Prime Minister Narendra Modi over his interaction with American podcaster Lex Fridman, saying that at a time when the country is facing grave challenges and the neighbourhood is volatile, there should be “minimum self-glorification and maximum governance”. In an interaction lasting over three hours with Fridman, Modi opened up on a host of foreign affairs issues and also touched on various aspects of his life journey. “Almost a year ago, he said he was non-biological. Now he says that he believes in the 1+1 theory: 1 in

Optimism on Financial Performance Declines; Industrial Sector witnesses largest drop since Q3 2023

MUMBAI, India, March 17, 2025 (PRNewswire) A recent survey of Chief Financial Officers (CFOs) in India, conducted by Dun & Bradstreet India, a leading global provider of business decisioning data and analytics, found that CFOs’ confidence for both industrial and services financial performance has reduced compared to Q4 2024. The Dun & Bradstreet India Composite CFO Optimism Index analyses the optimism level of CFOs on 12 parameters: operating margin, liquidity position, level of financial risk on company’s balance sheet, risk appetite, need for raising short-term and long-term funds, cost of raising funds, availability of funds, domestic and global macro-economic scenario,

State Bank of India shelves $1.7 billion fund raising as yields elevated, sources say

MUMBAI, March 17 (Reuters) – State Bank of India, the country’s largest lender by assets, is shelving plans to raise funds this fiscal year, discouraged by elevated bond yields despite a policy rate cut and liquidity boost from the central bank, three sources aware of the matter said on Monday. The bank had planned to raise as much as 150 billion rupees (about $1.7 billion) through sale of bonds before the end of March, but will now tap the market in the next financial year that starts in April, the sources said. Get the latest news from India and how

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