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Indias Retail Inflation Eases to 4.59% in December Retail inflation based on the Consumer Price Index was 6.93% in November. Representative image of a man shopping for food with his child. Photo: Reuters Economy12/Jan/2021 New Delhi: Retail inflation fell sharply to 4.59% in December, mainly due to declining food prices, government data showed on Tuesday. Retail inflation based on the Consumer Price Index (CPI) was 6.93% in November. Food inflation declined to 3.41% in December in 2020, compare...

Retail inflation sees remarkable decline in December, can RBI think of cutting rates further? The Consumer Food Price Index (CFPI) or the inflation in the food basket eased to 3.41 percent in the month of December, down from 9.50 percent in November. January 13, 2021 / 09:21 AM IST Indias Consumer Price Index (CPI), which measures the countrys retail inflation, eased to 4.59 percent in December versus 6.93 percent in November. This months CPI has fallen within the Reserve Bank of India’s ...

Sensex, Nifty Likely To Open Firm Asian stocks opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes Updated: January 13, 2021 8:20 am IST At 7:30 am, the Nifty futures were trading higher by 0.27 per cent on Singapore Stock Exchange The domestic stock markets are likely to open in the green, continuing with the gains witnessed in the past 12 trading sessions, going by early indications from SGX ...

The Index of Industrial Production (IIP) saw a contraction of 1.9% for November 2020, reverting back to the declining territory after rising in the previous two months, data released by the Ministry of Statistics & Programme Implementation (MOSPI) showed on Tuesday. For November, IIP with base 2011-12 stands at 126.3, the Ministrys data showed. IIP for mining, manufacturing and electricity sectors for the same month stand at 104.5, 128.4 and 144.8, respectively. Powered by Capital Market - Liv...

IT majors, Infosys and Wipro will report their December quarter earnings during the day The domestic stock markets have opened at fresh life-time highs, continuing with the momentum witnessed in the past 12 trading sessions, as prospects of an eventual victory against coronavirus continued to shore up recovery hopes.  At 9:18 am, the Sensex was at 49,697.18, higher by 190.10 points, after opening the day at 49,7653.93, and the Nifty was at 16,425.15, up 65.55 points or 0.46 per cent. Markets...

Read more about Benchmarks extend losses, breadth negative on Business Standard. The benchmark indices extended losses in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, skid 99.48 points or 0.20% at 49,417.63. The Nifty 50 index lost 12.90 points or 0.09% at 14,550.55.

Key equity barometers hit fresh intraday low as selling intensified in mid-afternoon trade. At 14:24 IST, the barometer index, the S&P BSE Sensex, was down 233.96 points or 0.47% to 49,283.15. The Nifty 50 index lost 66.70 points or 0.46% to 14,496.75. Investors continued to monitor the developments on the US political front as the US House of Representatives is expected to vote on an impeachment motion against President Trump today. The broader market underperformed the benchmark indices. The ...

The drop in retail inflation, measured by the Consumer Price Index (CPI), last month was due to declining food prices. Food inflation declined to 3.41 per cent in December 2020, compared to 9.5 per cent in the previous month.

Updated Jan 12, 2021 | 18:01 IST Index of Industrial Production (IIP) contracted sharply by 1.9% in November 2020 as against growth of 3.6% in October 2020 and growth of 2.1% in November 2019 Retail inflation eases to 4.59% in December; IIP contracts sharply by 1.9% in November&nbsp New Delhi: Retail inflation eased to 4.59% in December 2020. According to data released by the Ministry of Statistics and Program Implementation on Tuesday, Consumer Price Index inflation ease...

Retail inflation fell sharply to 4.