India inflation seen up in June due to soaring vegetable prices

India inflation seen up in June due to soaring vegetable prices

India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to crops wrought by extreme weather, according to a Reuters poll of economists. Prices of tomatoes, onions, and potatoes – staples in every Indian kitchen – surged by double … Read more

Foreign Institutional Investors: CPI data, FII mood among 8 factors to drive D-Street this week

Foreign Institutional Investors: CPI data, FII mood among 8 factors to drive D-Street this week

After losses in the last week, the short-term trajectory of domestic equities is seen as weak, and investors may sit on the fence looking for fresh cues, as the earnings season draws to a close. Therefore, rangebound trade could be seen in indices in the truncated week ahead. The stock markets are closed on Tuesday … Read more