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WPI Inflation Ignites: November Surge to 8-Month High at 0.26% Sparks Economic Heat

WPI Inflation Ignites: November Surge to 8-Month High at 0.26% Sparks Economic Heat

Wholesale Price Index (WPI) inflation increased 0.26 percent in November from the previous year. This was due to the increase in the prices of food articles, minerals, machinery and equipment, computers, electronics and optical products, motor vehicles, and other manufacturing. Although rising above zero in November, when looking at the average WPI inflation for the [...]
Realty Rockets while Barometers Take a Breather; IPO Update

Realty Rockets while Barometers Take a Breather; IPO Update

Indian key equity indices traded in a narrow range after strong gains in the mid-morning trade. The Nifty hovered  above the 21,150 mark. Realty stocks remained to give gains for the second consecutive trading session. At 11:50 IST, the barometer index, the S&P BSE Sensex, was up 856.98 points or 1.22% to 70,440.43. The Nifty [...]
Market Anticipates Cautious Opening: Unveiling Opportunities Amidst Subdued Sentiments

Market Benchmarks Close Slightly Higher with Modest Gains

Indian equity indices ended with small gains on Wednesday. Although Pharma, Realty and healthcare stocks gained today, IT, oil & gas and private bank shares declined. Nifty 50, having opened higher at 20929.75, entered into negative terrain to hit the day’s low of 20,769.50 in early afternoon. However, as the day went by the index [...]
Indices with modest losses; Pharma shares surge

Indices with modest losses; Pharma shares surge

The Indian equity benchmark continues to trade in the region of losses, although losses are limited. The Nifty is trading above the level of 20,850 mark after hitting the day’s low of 20769.50 in the early afternoon trade. European markets edged higher while their Asian counterparts traded in a mixed manner today. Pharma shares advanced [...]
28.89 Cr loans worth ₹ 17.77 Lakh Cr extended under Pradhan Mantri Mudra Yojana in the last 5 FY’s

28.89 Cr loans worth ₹ 17.77 Lakh Cr extended under Pradhan Mantri Mudra Yojana in the last 5 FY’s

As per data uploaded by Member Lending Institutions (MLIs) on the Mudra portal, over 28.89 crore loans involving a total sanctioned amount worth Rs. 17.77 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last five financial years, i.e., 01.04.2018 to 31.03.2023. This was a written answer given by the Union [...]