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Stock Market News

Nifty fails to carry forward momentum; Energy index outperforms

India Infoline News Service / 09:11, Aug 17, 2019

It was the second consecutive week where the Nifty managed to close above the 11,000 psychological level. Further, Bank Nifty stayed afloat the 28,000 mark two weeks in a row.

Economy News

July WPI inflation at 1.08%; Primary articles index up 0.5% MoM

India Infoline News Service / 12:12, Aug 14, 2019

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Products’ from Manufactured Products group decreased from 5.04% in June, 2019 to 4.54% in July, 2019.

Business News

Draft national logistics policy should incentivize express industry: EICI

India Infoline News Service / 13:56, Aug 09, 2019

The government had issued the draft national logistics policy early this year, aiming to reduce the logistics costs from 13-14% of GDP to 10% “in line with best-in-class global standards”.

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