India’s retail inflation eases in August, upside risks remain

NEW DELHI, Sept 12 (Reuters) – India’s retail inflation (INCPIY=ECI) eased in August as food prices moderated, but remained above the upper end of the central bank’s target band for a second consecutive month, keeping policymakers watchful. Annual Retail inflation in August

Rupee rises, but price action seen not too encouraging

MUMBAI, Sept 12 (Reuters) – The rupee was marginally higher on Tuesday, but some traders reckoned that the recent price action signalled that the currency was unlikely to have much upside. The rupee was at 82.98 as of 10:50 a.m. IST, compared

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