India's Nifty 50 and the S&P BSE Sensex fell by 0.46% and 0.47%, respectively, pulled down by financial and consumer stocks following the Reserve Bank of India's (RBI) announcement to reduce excess liquidity and because of inflation concerns, respectively. The RBI kept the key repo rate unchanged, but its governor warned about a sharp rise in headline inflation in the near future.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yctiK3r
via IFTTT
Subscribe to:
Post Comments (Atom)
India extends coal import mandate for power to avoid blackouts
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...
-
In today's dynamic and ever-evolving world, businesses play a pivotal role in driving economic growth, innovation, and societal develop...
-
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...
-
Pakistan's business community on Saturday observed a shutter-down strike across the country to protest against the inflated electricity ...
No comments:
Post a Comment