Tag: bank of baroda
Pulses import bill shrinks as global prices fall, local production rises
New Delhi: Higher domestic production, lower global prices, and import curbs helped temper India’s import bill in FY26 for key varieties of pulses such as…
Protein inflation surges as costlier fodder pushes up milk, chicken prices
New Delhi: Inflation in protein-rich foods accelerated to 5.3% in June, more than doubling from January, as heatwaves and higher animal feed costs pushed up…
Iron ore, cement, power output propels June core growth to 5%
New Delhi: India’s core sector output growth hit a five-month high of 5% year-on-year in June, accelerating from 3.2% in May on the back of…
Wholesale inflation hits record 9.9% in June on fuel, food prices
New Delhi: India’s wholesale inflation rose to a record 9.9% year-on-year in June, driven by an increase in fuel and food prices amid continued impact…
Rice, oilseed, pulses prices rise as Kharif crop sowing declines
New Delhi: Reduced sowing of key kharif crops is beginning to push up retail prices, signalling fresh inflationary pressure. Inflation has started inching up in…
Forex reserves rise $7.3 billion as FCNR & ECB flows pick up
MUMBAI: India’s foreign exchange reserves appear to be showing early signs that targeted central bank measures to attract overseas capital might be gaining some traction,…
Core sector output slows to seven-month low of 0.5% in May
India’s core sector growth slowed to a seven-month low of 0.5% year-on-year in May, from 1.8% in April, as lower output from energy-related industries dragged…
Global commodity prices likely to remain elevated amid easing West Asia tensions; India’s WPI seen at 7-8% in FY27: Report
New Delhi: Global commodity prices are expected to remain elevated in the coming months as geopolitical tensions in West Asia continue to disrupt supply chains…
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
New Delhi: India’s wholesale inflation rose to a record 9.7% year-on-year in May, the first reading under the revised Wholesale Price Index (WPI) series that…
Remittances, services surplus lift India to $4.7 billion current account surplus in April
Kolkata: India reported a $4.7 billion current account surplus in April riding on higher inward remittance flows, Reserve Bank of India (RBI) data showed. This…