In July, India’s retail inflation soared to 7.44% from Q1’s average of 4.6% (April to June), exceeding the monthly consensus of 6.4%. However, the market remains relatively unperturbed to the Q2’s robust price upswing, attributing it to fleetingness and expecting moderation in Q3. While India has so far experienced limitedRead More →
The Indian stock markets on Wednesday ended with gains for the second consecutive day despite weak global cues. The US’s CPI inflation came above expectations raising fears of a hawkish Fed. Bond yields, too, jumped, so did the dollar index which is a concern for emerging markets. This meant thatRead More →
Indian stock market started the week on a flat-to-negative note as Sensex closed 0.41% lower to 60,431.8 whereas the Nifty fell 0.48% to 17,770.90, ahead of the domestic retail inflation data due later while an ongoing uncertainty and spill over from the Adani Group’s market rout continued to be anRead More →
IS THE worst of food inflation — 8.38 per cent year-on-year in April — over? Some hope is provided by milk, which has the highest weight among food items in the consumer price index after cereals. And also pulses, besides the likes of onion and potato. International prices of dairyRead More →
