Market News Top 10 News WPI Inflation Eases to 13.56% in December – Top Indian Market News WPI inflation eases to 13.56% in December India’s wholesale price index (WPI)-based inflation eased to 13.56% in December, compared to 14.23% in November. The fall in the prices of manufactured products and fuel & power offset costlier vegetable prices. Inflation in manufactured goods stood at 10.62%, compared to 11.92% in November. Fuel & power inflation […] Written by Cherian Varghese January 14, 2022January 14, 2022
Market News Top 10 News Wholesale Inflation Rises to 14.23% in November – Top Indian Market News Wholesale inflation rises to 14.23% in November Wholesale price inflation (WPI) surged to a 12-year high of 14.23% in November, compared to 12.54% in October. The WPI inflation has been in double digits for the past 8 months. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic […] Written by Cherian Varghese December 14, 2021December 14, 2021
Market News Top 10 News WPI Inflation Hits Five-Month High of 12.54% in October – Top Indian Market News WPI inflation hits five-month high of 12.54% in October India’s wholesale inflation accelerated to a five-month high at 12.54% in October 2021. The wholesale price index (WPI) grew 10.66% in September and 1.31% in October 2020. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic metals, food […] Written by Cherian Varghese November 15, 2021November 15, 2021
Market News Top 10 News WPI Inflation Eases to 10.66% in September – Top Indian Market News WPI inflation eases to 10.66% in September 2021 Inflation based on the Wholesale Price Index (WPI) fell to 10.66% in September 2021 from 11.39% in August, as prices of primary articles, fuel & power, and food fell during the period. The benchmark inflation index has remained in double digits for the last six months. Food […] Written by Cherian Varghese October 14, 2021October 14, 2021
Market News Top 10 News WPI Inflation Rises to 11.39% in August – Top Indian Market News WPI inflation rises to 11.39% in August India’s wholesale inflation, measured by the Wholesale Price Index (WPI), spiked to 11.39% in August 2021. WPI grew 11.16% in July and 12.07% in June. The food articles segment witnessed a (-)1.29% change in August, as prices of vegetables and fruits contracted. Inflation in the fuel and power […] Written by Cherian Varghese September 14, 2021September 14, 2021
Market News Top 10 News Aramco, RIL in Advanced Talks for $25 billion Deal – Top Indian Market News Saudi Aramco in advanced talks with Reliance for $25 billion deal: Report According to a report from Bloomberg, Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd’s (RIL) oil refining and chemical business. Aramco is discussing the purchase of a nearly 20% stake in the Reliance […] Written by Cherian Varghese August 16, 2021August 16, 2021
Market News Top 10 News Infosys Reports 23% YoY Rise in Net Profit in Q1 – Top Indian Market News Infosys Q1 Results: Net profit rises 23% YoY to Rs 5,195 crore Infosys Limited reported a 22.7% year-on-year (YoY) increase in consolidated net profit to Rs 5,195 crore for the quarter ended June (Q1 FY22). Net profit has increased by 2.3% when compared to the previous quarter. Its revenue from operations rose 17.87% YoY (or […] Written by Cherian Varghese July 14, 2021July 15, 2021
Market News Top 10 News Report of NSDL Freezing 3 FPI Accounts ‘Erroneous’, says Adani Group – Top Indian Market News Report of NSDL freezing accounts of FPIs are erroneous: Adani Group In a filing to the stock exchanges, the Adani Group clarified that reports of the National Securities Depository Ltd (NSDL) freezing the accounts of three foreign portfolio investors (FPIs) are “blatantly erroneous”. They stated that the report was meant to deliberately mislead the investing […] Written by Cherian Varghese June 14, 2021June 16, 2021
Market News Top 10 News WPI Inflation Jumps to 11-Year High of 10.49% in April – Top Indian Market News WPI inflation jumps to 11-year high of 10.49% in April India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), rose to an 11-year high of 10.49% in April 2021. WPI stood at 7.39% in March and 4.83% in February. The annual rate of inflation is high primarily due to the rise in prices […] Written by Cherian Varghese May 17, 2021May 17, 2021
Market News Top 10 News WPI Inflation Rises to 8-Year High of 7.39% in March – Top Indian Market News WPI Inflation rises to 8-year high of 7.39% in March According to data released by the Ministry of Commerce & Industry, wholesale inflation in India rose to an 8-year high of 7.39% in March. The Wholesale Price Index (WPI) stood at 4.17% in February and 2.51% in January. The prices of crude oil, petroleum products, […] Written by Cherian Varghese April 15, 2021April 15, 2021
Market News Top 10 News India’s WPI Inflation Rises to 4.17% in February – Top Indian Market News India’s WPI inflation rises to 4.17% in February Wholesale inflation in India jumped to a 27-month high in February 2021, as prices of food, fuel, and power surged. Inflation based on the Wholesale Price Index (WPI) increased to 4.17% in February, compared to 2.03% in January. The WPI Food Index rose to 3.31% in the […] Written by Cherian Varghese March 15, 2021March 15, 2021
Market News Top 10 News Wholesale Inflation Rises to 2.03% in January – Top Indian Market News Wholesale inflation rises to 2.03% in January India’s wholesale inflation, calculated by the Wholesale Price Index (WPI), rose to 2.03% in January 2021. This is primarily due to a rise in the prices of fuel, crude petroleum & natural gas, manufactured items, etc. The WPI stood at 1.22% in December 2020 and 3.52% in January […] Written by Cherian Varghese February 15, 2021February 15, 2021
With Omicron and Lockdowns, is PVR in Trouble Again? Cinemas have managed to stay afloat despite not being functional for a reasonable amount of time. As some of the movie theatres resumed operations from July 31, 2021, a rush of movies, coupled with a keen audience, managed to add to revenue for cinemas. PVR is the largest company by market capitalisation that operates cinemas […] Written by Maarg Vaidya January 7, 2022January 7, 2022
Why are FMCG Distributors on Strike? FMCG distributors in Maharashtra have called for a boycott of Hindustan Unilever Ltd’s products. They have also warned Colgate Palmolive India Ltd of taking strict action after the company failed to respond to their concerns. If the demands proposed by traditional FMCG distributors are not addressed, it could get difficult to buy essential products at […] Written by Cherian Varghese January 4, 2022January 4, 2022
What is Mukesh Ambani’s Succession Plan for Reliance? Mukesh Ambani has played a pivotal role in Reliance Industries Ltd’s (RIL) multi-fold and aspirational growth into India’s largest conglomerate. His company has established a dominant presence in key sectors, making it a vital entity for the development of our country. In recent years, their fortune and influence have flourished to new heights. The business […] Written by Cherian Varghese January 3, 2022January 3, 2022
