inflation

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    Rupee Slides as Dollar Strength and Equity Losses Impact Trading

    Mumbai, February 13 The rupee remained within a narrow range and closed the day 5 paise lower at 90.66 against the US dollar on Friday, tracking the strength of the American currency in the overseas market and a negative trend in domestic equities.Forex traders said the rupee traded within a...
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    Gold and Silver Prices Decline Ahead of Inflation Data

    New Delhi, February 13 Precious metal prices declined by more than 5 per cent in the national capital on Friday, with silver falling to Rs 2.55 lakh per kilogram, while gold dropped to Rs 1.58 lakh per 10 grams amid subdued demand in the local market.According to the All India Sarafa...
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    Currency Market Update: Rupee Weakens Amid Global Trends

    Mumbai, February 13 The rupee remained within a narrow range and closed the day 3 paise lower at 90.64 (provisional) against the US dollar on Friday, tracking the strength of the US currency in the overseas market and a negative trend in domestic equities.Forex traders said the rupee traded...
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    Stalin’s Emergency Aid: Addressing Concerns and Campaigning for Votes

    Chennai, February 13 – Tamil Nadu Chief Minister M K Stalin announced on Friday that his government would deposit Rs 5,000 each into the bank accounts of 1.31 crore women beneficiaries of the government's women empowerment scheme. This move has drawn criticism from opposition parties, who claim...
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    Rupee Falls to 90.69 Amid Dollar Strength and Market Concerns

    Mumbai, February 13 The rupee depreciated by 8 paise to 90.69 against the US dollar in early trading on Friday, due to the strengthening of the American currency and a negative trend in domestic equities.Forex traders said a strong dollar limited the upside for emerging-market currencies...
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    Budget Session Update: Key Economic Projections and Parliamentary Debate

    Both the Lok Sabha and the Rajya Sabha will adjourn for a break during the ongoing budget session, reassembling on the 9th of next month. The budget session is being held in two phases: the first phase began on January 28 with President Droupadi Murmu's address to a joint session of both houses...
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    Inflation Data Update: Key Changes and Implications for India

    New Delhi, February 22 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation, starting with data for January, at 2.75 per cent.The new series covers a wider range of goods and services and adjusts the weights of different...
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    Union Budget 2024-25: Government Focus on Manufacturing and Inclusive Development

    Finance Minister Nirmala Sitharaman stated today that the government is working towards a resilient and self-reliant India by promoting economic growth and ensuring inclusive development. Responding to a discussion on the Union Budget in the Rajya Sabha, the Minister said that high growth has...
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    Sitharaman Defends Union Budget, Cites Robust Growth & Expanding Middle Class

    In New Delhi, on February 12, Finance Minister Nirmala Sitharaman asserted that India is experiencing robust growth with low unemployment, dismissing concerns about "jobless growth" as a relic of the previous government.In response to the debate on the 2026-27 Union Budget, she stated that the...
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    Retail Inflation Data Updated: India's New CPI Series Released

    New Delhi, February 12 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation. This change will improve the quality of data used in formulating monetary and fiscal policies, according to Chief Economic Advisor V Anantha Nageswaran...
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    India's Economic Expansion: A Look at Tax Revenue and Middle-Class Growth

    New Delhi, Feb 12 High personal income tax collection does not necessarily mean that the middle class is being suppressed or crushed in the country, Finance Minister Nirmala Sitharaman said on Thursday in the Rajya Sabha.There is no evidence of any suppression of the middle class in the...
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    CEA Nageswaran: Updated CPI Aligns with Economic Trends

    New Delhi, February 12 Chief Economic Advisor V Anantha Nageswaran said on Thursday that the new CPI series will improve the quality of data used in formulating monetary and fiscal policies.The National Statistics Office (NSO) under the Ministry of Statistics & Programme Implementation (MoSPI)...
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    India's Retail Inflation Update: January Data Released

    New Delhi, February 12 Retail inflation stood at 2.75 per cent in January, according to the new series of the All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.The new series, released by the National Statistics Office (NSO) under the Ministry of Statistics...
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    Infrastructure Investment & Economic Priorities in India's Latest Budget

    Finance Minister Nirmala Sitharaman emphasized that the government is making significant investments in infrastructure development, with a focus on labor-intensive sectors to create jobs and stimulate economic growth. In response to a debate on the Union Budget in the Lok Sabha, Ms. Sitharaman...
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    India's Economic Challenges and Potential for Instability

    New Delhi, February 10 On Tuesday, opposition parties accused the government of failing to address issues such as unemployment and inflation in the Union Budget, with Trinamool Congress' Sukhendu Sekhar Roy emphasizing that growing inequality may lead to a "social upheaval," similar to what was...
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    Global Market Factors Drive Gold and Silver Increase

    New Delhi, February 9 Precious metals saw a surge in futures trading on Monday, with silver rising by nearly 5% to ₹2.61 lakh per kilogram while gold climbed to ₹1.57 lakh per 10 grams.Traders said the sharp rise in both metals was due to a rebound in global markets, a weaker US dollar, and...
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