At the all-India level, NSO said, the number of weighted items has increased from 299 to 358 in CPI 2024, goods items increased from 259 to 308, and services items increased from 40 to 50. Illustration: Uttam Ghosh Key Points
Robust labour data has tempered expectations of an immediate rate reduction by the US Federal Reserve, which weighed on precious metals. Photograph: Arnd Wiegmann/Reuters Key Points In the global market, spot gold slipped $22.07 Silver fell sharply to $81.6 before
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government’s desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya. IMAGE: Finance Minister Nirmala Sitharaman presents the Union
This surge was largely attributed to higher heating demand during the peak of North India’s cold wave on January 9. Image used for representation purpose only. Photograph: Vivek Prakash/Reuters Key Points Power demand is expected to grow 1.5 per cent
Domestic equities may enter a brief consolidation phase following this week’s strong rally driven by the US-India trade deal. Photograph: Francis Mascarenhas/Reuters Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as
Forex traders said the rupee witnessed high volatility as the support from positive domestic equities and foreign fund inflows was negated by risk-off sentiments among investors. Illustration: Dominic Xavier/Rediff Key Points Rupee’s early gains hit a roadblock Rupee remains sensitive to
Alarmed by the digital fraud crisis, the Supreme Court has ordered the Centre to formulate a robust SOP, emphasising the need for banks to proactively prevent cybercrimes and protect vulnerable customers from digital arrest scams IMAGE: Kindly note that the
‘There is a lot of euphoria in the country after a trade agreement is signed. But it is an illusion for us. What is more important is making it real.’ Kindly note the image has been posted only for representational
The selling was driven by volatile currency movements, global trade tensions, concerns over potential US tariffs and stretched equity valuations. Illustration: Dominic Xavier/Rediff Key Points In 2025, FPIs pulled out a net Rs 1.66 lakh crore FPIs invested Rs 8,129
With lower tariffs, India’s labour-intensive sectors, such as textiles, leather and footwear, handicrafts, chemicals, and gems and jewellery, will be more competitively priced in the US market compared to these nations. Illustration: Dominic Xavier/Rediff Key Points Goyal also dismissed criticism
