Investors bet that rising inflation could erode the currency's value
Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs
This is particularly important for the Reserve Bank of India (RBI) as it works under an inflation-targeting regime
Prospect of stricter curbs is threatening to weaken the currency, which is among Asia's top three performers this month
Localized lockdowns may result in a slowdown which may be met by fiscal expansion
Massive Urban spike foreseen, food price volatility may worsen as monsoon approaches; decade high wholesale inflation may put further pressure, but favourable base effect may have tempering effect
The second wave could increase risk for the banking system
In a country like India, where inflation is a curse word, currency in circulation has to be curtailed to control inflation
Pandemic protocols, speedier vaccination, ramping up health care capacity, and remaining resolutely focused on a post pandemic future is the way forward, state-of-economy report says
For investors in bond funds, these strategies - better yields than inflation, reinvestment, barbell strategies, and credits - are where we see the best opportunities
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22
The wholesale price-based inflation shot up to over 8-year high of 7.39 per cent in March on rising crude oil and metal prices
Wipro shares, so far for the year, have risen 8.5 per cent as against a gain of 3.7 per cent in the NSE Nifty index during the same duration
Consumer price index (CPI)-based inflation rose to 5.52 per cent in March, from 5.03 per cent in February. Core inflation was at 5.7 per cent.
A stronger dollar pressures gold as the metal becomes expensive for buyers outside the United States
Nomura GDP forcast: Repricing of emerging market (EM) risk premium, Nomura said, could expose vulnerabilities in Indonesia, India and the Philippines
Commodity inflation remains area of concern, say firms
Structurally, it's a well-crafted policy. But like in cricket and politics, things can change dramatically for a central bank in a very short time
The reasons for the pessimism were deteriorating sentiments on general economic situation, income and prices, the RBI said. The current situation index had hit a record low of 49.9 in September