From The Hindu
Owned by Kasturi & Sons Ltd.
Retail inflation surged to 6.09% in October, breaching the RBI’s upper tolerance limit for the first time in two years and prompting expectations of a rate hike next month
Coverage arrived over 36 hours. First from ABP Live, latest from The Hindu BusinessLine.
First reported by ABP Live at 03:49 UTC on 13 Nov.
Coverage ran into a second day.
Across 1 desk: business.
Indian equity markets ended Friday's session lower as a sharp acceleration in retail inflation to a two-year high weighed on investor sentiment. Selling across financial services, automobile, realty and metal stocks dragged the benchmarks, while rising crude oil prices and uncertainty over global…
Retail inflation surged to 6.09% in October, breaching the RBI’s upper tolerance limit for the first time in two years and prompting expectations of a rate hike next month
The benchmark indices, however, have to breach their resistance to become bullish again
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