Maruti Suzuki and other Indian companies are bracing themselves for a slump in demand after a 13-year high inflation triggered fears of curbs on consumer spending and the central bank raising interest rates, thereby hurting India Inc's expansion plans. The annual wholesale price index -- the most watched index in the country to gauge rising prices -- rose to 11.05 per cent in the last 12 months
Maruti Suzuki and other Indian companies are bracing themselves for a slump in demand after a 13-year high inflation triggered fears of curbs on consumer spending and the central bank raising interest rates, thereby hurting India Inc's expansion plans.
Madurai, Jun 15: Janata Party president Subramanian Swamy today sought the dismissal of the DMK government in Tamil Nadu following the ''deteriorating'' law and order situation in the state.
I think market may go a bit further down and break the 14,000 level, says market expert Pranav Sanghavi. I don't think it will go much lower than there. One can surely buy at those levels but only quality stocks witha long-term outlook.
CHENNAI: D.J. James and Wg. Cdr. Laxman won the weekly open pairs bridge event at the T. Nagar Social Club here with a score of 65.71 per cent in North-South. R. Kalyan and S. Raghuraman won in the East-West direction with a score of
MUMBAI (Reuters) - The Indian rupee crept up on Wednesday on expectations foreigners may resume share purchases, and hopes the Reserve Bank of India would lend a supporting hand to check any sharp falls.
Bond yields rose to their highest in more than a month on Wednesday as analysts forecast inflation would top 9% after the government raised state-set retail fuel prices by about 10%.
MUMBAI, June 4 - The Indian rupee fell on Wednesday as the stock market dropped 2.8 percent to a two-month closing low, heightening worries foreigners would continue to withdraw funds, with broad gains in the U.S dollar also weighing.
MUMBAI: The rupee fell on Wednesday as the stock market dropped 2.8 per cent to a two-month closing low, heightening worries foreigners would continue to withdraw funds, with broad gains in the US dollar also weighing.
View comments
Hide comments