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NEW DELHI: : WPI inflation inched up in Feb, led by rise in food and mineral product prices. Experts said elevated energy prices triggered by West Asia conflict could exert upward pressure. Inflation, as measured by wholesale price index rose annual 2.1% in Feb, higher than previous month’s 1.8%. Source link
The equity benchmark indices were traversing tricky waters on Tuesday but ended in gains after a strong recovery from intraday low levels. Analysts are expecting the heightened volatility to continue ahead of the annual budget announcement slated for Feb 1. “Nifty has formed a bullish candlestick pattern with a lower shadow, indicating buying demand at lower levels on the monthly…
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In a fresh regulatory challenge for French liquor major Pernod Ricard in India, the Competition Commission of India (CCI) has ordered a detailed antitrust investigation into allegations that the company entered into exclusive arrangements with retailers in New Delhi to promote its brands at the expense of rival firms, according to a Reuters report.The Competition…
MUMBAI: Currency in circulation (CiC) touched a record Rs 40 lakh crore in Jan, rising 11.1% year-on-year, even as its share in the economy declined. The cash-to-GDP ratio eased to around 11.2%, down sharply from the pandemic peak of 14.4% in March 2021, signalling digital payments are financing a growing share of economic activity despite…
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Net inflows into equity-oriented mutual fund schemes declined 5 per cent month-on-month to Rs 38,440 crore in April, while contributions through Systematic Investment Plans (SIPs) also moderated, according to data released by industry body AMFI on Monday, PTI reported.Equity mutual funds had attracted net inflows of Rs 40,450 crore in March.Monthly SIP contributions slipped to…
NEW DELHI: In a major public health alert, India’s top drug regulator has flagged around 90 medicines—ranging from painkillers and antibiotics to cough syrups and vitamin supplements—being sold without approval, raising concerns over patient safety and gaps in enforcement.In a communication to all state drug controllers, the Central Drugs Standard Control Organisation (CDSCO) said multiple…
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