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13 Jun 2023
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Indian Economy
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ICICI Securities Limited
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Economy Update
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India’s retail inflation eased to a more than 2-year low of 4.25% in May on an annual basis as against 4.70% in April, showed data released by the ministry of statistics on Monday. The CPI-based inflation has remained within the RBI’s tolerance band of 2-6% for the third consecutive month.
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12 Jun 2023
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Indian Economy
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Edelweiss
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Economy Update
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India's annual retail inflation grew at a slowest pace in twenty-five months in May'23.
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12 Jun 2023
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Indian Economy
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ICICI Securities Limited
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Economy Update
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The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor in India during 2022-23, according to government data.
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08 Jun 2023
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Indian Economy
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IDBI Capital
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Economy Update
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08 Jun 2023
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Indian Economy
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Edelweiss
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Economy Update
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On expected lines, the RBI left policy rates unchanged at the second monetary policy meet for FY24.
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08 Jun 2023
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Indian Economy
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ICICI Securities Limited
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Sector Update
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The government has hiked the minimum support prices (MSP) of the key kharif crops for 2023-24 season (July-June) by 6-10.4%, the highest increase since 2018-19. The MSP for paddy, the key kharif crop, is fixed at Rs2,183/quintal, up 7% on year.
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08 Jun 2023
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Indian Economy
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AUM Capital
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Economy Update
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07 Jun 2023
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Indian Economy
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ICICI Securities Limited
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Economy Update
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The Reserve Bank of India is expected to pause for a second straight month as inflation eases and market watchers are looking for cues of a shift in policy stance to support growth in the economy.
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06 Jun 2023
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Indian Economy
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ICICI Securities Limited
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Sector Update
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The Insurance Regulatory and Development Authority of India (Irdai) has directed all life and non-life insurance companies to initiate steps for quick registration and disposal of claims of victims of the triple train accident in Odisha’s Balasore district.
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05 Jun 2023
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Indian Economy
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Edelweiss
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Economy Update
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In the upcoming monetary policy on 8th June'23, the RBI is expected to maintain a pause on interest rates in and keep repo rate unchanged at 6.5%
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