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 global investment bank expects private consumption to strengthen further in FY27.
Despite concerns over a possible market correction, the firm noted that a decline in home loan interest rates, strong economic growth and easing inflation helped sustain housing demand during the calendar year.
In a major boost to India’s solar and semiconductor manufacturing ecosystem, Tata Power Renewable Energy Limited (TPREL) will set up a Greenfield 10 GW ingot and wafer manufacturing facility at Nellore, Andhra Pradesh, with an investment of Rs 6,675 crore.
India's tax collections could surge in FY27, with gross tax buoyancy rising to 1.1 from a projected 0.64 in FY26, a report said on Wednesday.
Indian specialists accounted for roughly 34 per cent of specialist‑level talent moving to Finland in 2025, with tech and engineering professionals employed at firms including Nokia, Kone, Wärtsilä, HCL, Infosys and TCS
