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.
The company did not disclose any financial details, but stated that the deal is meant to support frontline artillery systems which are already in service with the Army.
At close, the Sensex was down 780.18 points or 0.92% at 84,180.96, and the Nifty was down 263.90 points or 1.01% at 25,876.85.
Volumes during the third quarter stood at around Rs 63,000 crore, broadly in line with the corresponding period last year.
Gross value added (GVA) growth is pegged at 7.3%, while nominal GDP growth is estimated at 8% in FY26, lower than the 9.8% expansion seen in the previous year.
Capital markets regulator Securities and Exchange Board of India (SEBI) has found that a Bank of America (BofA) unit improperly shared material non‑public information about a $180 million block sale and misled investigators, a report has claimed.
