Wholesale inflation based on the wholesale price index (WPI) for the month of June stood at 5.77 per cent against 4.43 per cent of May and 0.90 per cent during the corresponding month of the previous year.
Index in food articles was at 1.80 % in June 2018, where as it was 1.60 % in May 2018, it rose due to higher price of e ...Read more
The Year has started with USD/INR around 65 and today we have the exchange rate depreciating at 68. So the question arises will INR fall to that extent that it will reach 70 USD/INR? Yes, it may. USD/INR hasn’t depreciated as much, until now. In the past 10 years, India has seen a weakening Rupee against the Dollar. The past year has ...Read more
As we are all aware of the brewing war between US and China had been in the talks since the April 2017, On Friday, June 15, 2018, American President Trump released one of the biggest news that he will be importing duties on the $50 Billion worth of Chinese goods and first wave to collect the tariffs to cover $34 Billion of goods will take effect ...Read more
News Update for May 31, 2018
OIL & GAS
• Reliance Industries to halt oil imports from Iran from Oct-Nov
Reliance Industries, who is owner of world’s biggest refining complex plans to halt oil import from Ira ...Read more
NEWS UPDATE FOR May 29, 2018
OIL & GAS
• Fuel prices may fall on sliding crude, rising rupee
The prices of petrol & diesel may fall soon after continuous rising for 15 days as international fuel rates retreat ...Read more
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