NEW DELHI: Retail inflation eased to a five-month low in January as vegetable prices moderated, bringing much-needed relief to authorities battling stubborn price pressures, while industrial output growth slowed, led by a sluggish manufacturing sector. Data released by the National Statistical Office (NSO) on Wednesday showed retail inflation, as measured by the consumer price index…
D-Street Smart: Volatility drives investors from thematic schemes to hybrid fundsMUMBAI: Retail investors continued to pour money into mutual funds in Jan despite a volatile stock market. Monthly gross SIP inflows remained steady above Rs 26,000 crore in Jan, industry body Amfi’s data showed. The volatile market conditions, however, prompted investors to prefer hybrid funds…
Nir Barkat, Israel’s minister for economy and industry, was in India, leading a large business delegation. In an interview to TOI, Barkat, a businessman turned politician, says he is optimistic about deepening business ties with India across sectors. Excerpts.Why are Israeli companies looking at India now?The opportunities have emerged now with the American President Donald…
NEW DELHI: Just four states – Gujarat, Odisha, West Bengal and Maharashtra – have managed to lower the debt to gross state domestic product (GSDP) ratio, while Punjab and Tamil Nadu have been the worst performing, seeing the steepest increase, according to a new paper by economists.The paper by NCAER economist Barry Eichengreen and the…
Retail inflation eased to 4.31 per cent in January from 5.22 per cent in December primarily due to declining food costs, as per the official data released on Wednesday. The retail inflation, measured by Consumer Price Index (CPI) was 5.1 per cent in January 2024.Additionally, food inflation stood at 6.02 per cent, showing a major…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Patanjali, Bharat Rasayan and Oil India are the top stock picks for today:PATANJALI: BUY Near ₹1800 | Stop Loss: ₹1720 | Target: ₹2000After consolidating between ₹1900 – ₹1700 for the past…
Stock market crash: In a span of five trading sessions, equity investors suffered losses amounting to Rs 16.97 lakh crore. (AI image) Stock market crash: BSE Sensex and Nifty50, the Indian equity benchmark indices, have crashed around 3% in the last five trading sessions. It’s been a bloodbath on the Dalal Street with major stocks…
Gold price: International precious metals prices strengthened, with gold reaching historic peak. (AI image) Gold price today: Gold April futures on MCX soared beyond Rs 86,000/10 gram, with the precious metal beginning Tuesday at a fresh peak of Rs 86,350 per 10 grams, showing a rise of 0.62% or Rs 534.Silver March futures were up…
The Union Cabinet approved the New Income Tax Bill on Friday. New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman may table the New Income Tax Bill in the Parliament on Tuesday. The intention to introduce the New Income Tax Bill was first announced by FM Sitharaman in her Union Budget 2025 speech.The Union Cabinet…
The daily momentum indicator has a positive crossover, says Jatin Gedia, Mirae Asset Sharekhan. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex was below 77,300, Nifty50 was near 23,350. At 9:18 AM, BSE Sensex was trading at 77,265.02, down 47 points…
