Top economy news of the day

India Infoline News Service | Mumbai |


Aided by a sharp slide in the fuel index, wholesale price index in April came in at a lower-than-expected 5.2% as against 5.7% in the previous month. (BL)

India's monsoon may hit the southern Kerala coast around June 5, the weather office said, in a likely delayed onset that raises fears of poor rains in the initial days of a monsoon season threatened by the El Nino weather pattern. (BS)

In a bid to ensure ample liquidity in the banking system, the Reserve Bank of India will conduct a 14-day term repo variable rate auction for a notified amount of Rs610bn on Friday. (BL)


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