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RBI may raise interest rate on Friday

The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the......

Rupee @ 80: Imports, foreign education, travel to be hit

The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation......

Sensex, Nifty end in red; IT, banking shares drop

Benchmark indices Sensex and Nifty gave up early gains to close lower for a fourth straight session on Thursday due to selling in IT and banking shares amid weak global equities. Photograph:......

Wholesale price-based inflation eases to 15.18% in June

The wholesale price-based inflation eased to 15.18 per cent in June on lower prices of manufactured and fuel items, even though food articles remained costly. Photograph: ANI Photo The Wholesale......

'A very long time since India experienced such high inflation'

'Inflation trajectory, domestically as also globally, is what will shape the economy, and therefore the market, over the next couple of quarters.' Graphic: KBK Graphics "That WPI is running at......

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