The centeral government will continue to target as 4% inflation until 2031.

For the next five years, concluding on March 31, 2031, the Center announced the inflation target on Wednesday, maintaining it at 4% with a tolerance range of two percentage points on either side. This target band has successfully anchored inflation expectations between 2016 and 2026, according to evaluations of the framework. The administration maintained the…

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Forex reserves are sufficient to buffer external shocks, while the RBI warns of increased threats to world economy.

The Reserve Bank of India (RBI) stated on Monday that new US trade investigations and the military war in the Middle East, which was sparked by combined US and Israeli assaults on Iran, have raised volatility in international financial markets. In its State of the Economy report, the central bank stated that the global economic…

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Nifty ends close to 22,500, Sensex settles 1,800 points lower; six key factors lead to the market crash

As the crisis in West Asia entered its fourth week and drove up crude oil prices, the major indexes Sensex and Nifty finished substantially lower on Monday, following dismal global indications. Investor sentiment was also impacted by persistent withdrawals of foreign funds. The Nifty as a whole closed at an 11-month low of 22,512.65, down…

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A $300 million IPO is planned by Muthoot FinCorp in the face of unstable market conditions.

According to a Bloomberg story citing persons with knowledge of the situation, Muthoot FinCorp, a non-banking financial company focusing on gold loans, is preparing an IPO that may raise to $300 million. Muthoot Fincorp and the listed Muthoot Finance are very different. Despite coming from various branches of the same Muthoot family, they are originally…

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The Nifty closes above 23,400 and the Sensex jumps over 900 points; the main reasons of the big gains

On March 16, value purchasing surfaced from lower levels and markets reversed three-day losses, resulting in benchmark indices Sensex and Nifty closing in deep green. The Nifty ended at 23,408.80, up 257.70 points, while the Sensex closed at 75,502.85, up 938.93 points or 1.26%. 2,772 shares fell, 1,410 shares increased, and 157 shares remained constant….

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