Tag: hdfc bank
Retail inflation edges up to 3.9% in May
New Delhi: India’s retail inflation rose to 3.93% year-on-year in May – the highest level under the new 2024 base year series introduced in January…
El Niño clouds loom over kharif crops, farm pay
New Delhi: A disruptive weather event, developing thousands of miles away in the central Pacific Ocean, could significantly weigh on India’s agricultural output, stoke inflation,…
India inflation likely rose to 4% in May as food, fuel costs climb
India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting…
India’s economy likely ended FY26 on firm footing despite worsening Iran war impact
New Delhi: The Indian economy likely closed FY26 on a strong note, with growth in the March quarter bolstered by robust domestic demand, agricultural activity,…
RBI greenlights record surplus transfer of Rs 2.86 lakh crore
Mumbai: The Reserve Bank of India (RBI) central board approved a record surplus transfer of Rs 2.86 lakh crore to the government for FY26, up…
RBI likely to pay a big dividend to Centre
MUMBAI: The board of the Reserve Bank of India (RBI) will meet on May 22 to consider a record surplus transfer to the government for…
Retail inflation up a tad on rise in food, bullion prices
New Delhi: Retail inflation jumped to a four-month high of 3.5% year-on-year in April, up slightly from 3.4% in March, led by rising food and…
Spacetech firm Agnikul eyes $50-75 million at flat $500 million value
Spacetech startup Agnikul Cosmos is in talks to raise $50-75 million at about a $500 million valuation, said five people aware of the matter. The…
India’s April consumer inflation likely rose to 3.8% as higher fuel costs weigh: Reuters poll
India’s annual consumer inflation likely moved closer to the central bank’s 4% medium-term target in April as higher fuel costs following the U.S.-Iran war began…