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Indian rupee to trade in tight range as RBI keeps intervening - Reuters poll

The Indian rupee will trade in a tight range over the coming months as the Reserve Bank of India continues to intervene in the market to shield the currency against a strong U.S. dollar, according. ....

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IIP: Festive wave may lift India's industrial growth in coming months, ET Retail

IIP: Industrial growth hit a three-month high of 5.7% in July from 3.8% in June. "You can t get a better time for manufacturing than now; festival season is followed by elections, with rabi and marriage season," said Madan Sabnavis, chief economist at Bank of Baroda. ....

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Festive Wave may Lift IIP Growth in Coming Mths

Indias industrial economy is expected to receive a festive bump, growing around 6% year-on-year in the next couple of months with improvement in monsoon rains, softening inflation, and election-related rise in spending adding to the festive sentiment. ....

Paras Jasrai , Yuvika Singhal , Madan Sabnavis , Gaura Sengupta , Quanteco Research , First Bank , Industrial Production , Dhiraj Nim , India Ratings ,

IIP: Festive wave may lift India's industrial growth in coming months

Industrial growth hit a three-month high of 5.7% in July from 3.8% in June. "You can t get a better time for manufacturing than now; festival season is followed by elections, with rabi and marriage season," said Madan Sabnavis, chief economist at Bank of Baroda. ....

New Delhi , Gaura Sengupta , Paras Jasrai , Yuvika Singhal , Madan Sabnavis , First Bank , Quanteco Research , Industrial Production , Dhiraj Nim , India Ratings , Monsoon Rains , Industrial Growth , Idfc First Bank , Bank Of Baroda ,

rate cut: Expect INR at 83 by Sept end; don't expect rate cut before Q3 of 2024: Dhiraj Nim, ANZ Research

"The Indian rupee is expected to remain in a tight range against the dollar, with a forecast of 83 per dollar by September end. The dollar index is expected to reach 105 by the end of the quarter, but this level is not easy for emerging market currencies. The Indian bond yields may rise due to high inflation and government bond supply, and there is a possibility of rate hikes by the Reserve Bank of India if food inflation persists. " ....

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