News Overview

While lower food inflation helped headline inflation taper further, the figure is still way off the 4% RBI target

The IIP growth for November was robust at 5.17%, but the August contraction is now revised to neutral

The Resolution Professional has sent JSW Energy a Letter of Intent (LoI) on the resolution plan it submitted for KSK Mahanadi Power Company Ltd.

LIC continued to lag private insurers on NBP growth, and like previous months, the contraction continues

For November 2024, passive funds reported a 52.4% growth in folios and a 37.3% growth in AUM on a yoy basis.

Overall, net inflows into active equity funds accounted for more than half of the inflows in December quarter

For the two projects of building the access-controlled Pune Ring Road (East) Packages PRR E5 and E7, the civil construction business has been chosen.

Although the appeal of the non-yielding asset is diminished by increased interest rates, bullion is employed as a hedge against inflation.

The Federal Reserve's stated gradual approach to rate decreases this year and the fear of tariffs have raised Treasury rates and the dollar

U.S. West Texas Intermediate (WTI) crude dropped 16 cents, or 0.2%, to $78.66 a barrel, while Brent LCOc1 futures declined 22 cents, or 0.27%, to $80.79 a barrel.