India’s wholesale inflation surges to new high of 9.68% in May
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
India's merchandise exports rose 18 per cent to $45.2 billion while imports grew 20.62 per cent to $73.41 billion in May with the total trade deficit recorded at $28.21 billion, according to the Commerce Ministry data.
The latest development came after the ED produced both former executives before special PMLA courts, which allowed their custodial interrogation. The arrests had been made earlier on June 12 under the Prevention of Money Laundering Act (PMLA).
Indian markets opened sharply higher as investors welcomed easing tensions in West Asia, lower crude oil prices and reports of a breakthrough between the United States and Iran.
Speaking to a packed audience of students, Radhika also highlighted India's rise on the global stage and the growing prominence of Ayurveda, an ancient Indian medicine science.
After the company announced its December quarter results, its Global Depository Receipt (GDR) slipped by around 2% to $64.40 on the London Stock Exchange (LSE).
In this regard, a Government of India panel led by Meeta Rajivlochan, Lead Member for Uttar Pradesh in the Task Force on Ease of Doing Business (EoDB), visited Lucknow on Friday.
At the close, the Sensex was up 188 points, or 0.23%, at 83,570.35, while the Nifty 50 settled at 25,694.35, up 29 points, or 0.11%.
Despite GST 2.0’s rollout last year and ongoing digitisation efforts, small and medium enterprises continue to face complex compliance requirements that affect their operational efficiency and working capital.
Mercedes India's Managing Director & CEO, Santosh Iyer, said that India will be the only country to manufacture the GLS Maybach outside the United States.
