India's Services Sector Expands, Boosting Economy, PMIs Show

India’s services activity climbed to a four-month high in May, boosting economic growth, a flash survey by HSBC Holdings Plc. showed.

BNN Bloomberg02:04 ET

Top Forecaster Says Indian Rupee Bulls Wrong as Record Low Looms

The Indian rupee's top forecaster is going against the majority. The currency will test a fresh low by year-end, according to Danske Bank A/S, defying the consensus prediction for the first gain in seven years.

BNN Bloomberg21:28 ET

India Eyes $12 Billion Bonanza From Central Bank, Aiding Budget

India’s central bank is expected to pay up to one trillion rupees ($12 billion) as dividend to the federal government, economists said, a move that would boost New Delhi’s coffers and help meet its budget deficit target.

BNN BloombergMay 21 20:10 ET

India's Total Exports Rises by 7% in April; Trade Deficit Widens to $6.51 Billion

India's total exports, including goods and services, increased by 6.9% to $64.56 billion in April against $60.40 billion exported a year ago, according to data released by the Ministry of Commerce & Industry on Wednesday.

MT NewswiresMay 16 02:43 ET

BofA Anticipates RBI Rate Cut by October 2024

India's Consumer Price Index (CPI) inflation slightly decreased by 2 basis points to 4.83% year-over-year, compared to 4.85% in March, according to a recent report by Bank of America (NYSE:BAC) (BofA). This figure came in slightly below both BofA’s and market consensus estimates of 4.9%.

InvestingMay 16 00:04 ET

India's Retail Inflation Eases Slightly to 4.83% in April

India's headline retail inflation eased further in April, aided partly by a decline in fuel prices, according to data released by the Ministry of Statistics and Programme Implementation on Tuesday.

MT NewswiresMay 15 06:14 ET