Page 5 - Programme Implementation On News Today

A quality asset base and good performance by corporate and retail portfolios are expected to help the banking sector during 2024.

The expected range for the 10-year benchmark government bond next year is 6.70-7.30 percent, say experts.

Indias headline retail inflation rate surged to 5.55 percent in November due to the combination of an unfavourable base effect and a rise in prices of key food items

The Fed’s policymakers also signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year.

Das’ five years weren’t an easy ride. A global pandemic struck the world, a banking crisis happened in world’s largest economy and fresh governance issued cropped up in some of India’s smaller banks

Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 52 points or 0.25 percent.

Headline retail inflation has now spent 50 months above the Reserve Bank of Indias medium-term target of 4 percent.

For April-October 2023, industrial growth - as measured by the Index of Industrial Production - came in at 6.9 percent as against 5.3 percent in the first seven months of 2022-23

Economists were expecting India’s Consumer Price Index inflation to jump to 5.8 per cent in November, , retail inflation, ministry of statistics and programme implementation, MOSPI

At 5.55 percent, the CPI inflation print for November 2023 is 68 basis points (bps) higher than Octobers 4.87 percent