News - The Purbottar

13 Jun

India’s retail inflation upturn to 2.82% in May, lowest in 6 years: Government data

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India's retail inflation fell to 2.82% in May from 3.16% in April, the lowest year-on-year rise in consumer prices since February 2019, government data showed on Thursday. This is the fourth consecutive month that inflation has been below the RBI's 4.0% medium-term target, the longest streak in nearly six years. The decline was mainly due to a sharp fall in food inflation, which eased to 0.99% in May from 1.78% in the previous month amid lower prices of pulses, vegetables, fruits, cereals, eggs, sugar and household goods. "The significant decline in core inflation and food inflation in the month of…

12 Jun

Copper futures upgrade on increased spot demand

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New Delhi, June 12: Copper futures rose 0.13 percent to Rs 885 per kg on Wednesday due to increased spot demand. The copper contract for July delivery rose by Rs 1.15 or 0.13 percent to Rs 885 per kg on the Multi Commodity Exchange. 2,275 lots were traded in it. Analysts attributed the rise in copper prices to higher bets by participants.

11 Jun

Gold futures prices gain due to spot demand

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New Delhi, June 11: Gold prices rose by Rs 154 to Rs 97,056 per 10 grams in futures trade on Wednesday as speculators created fresh deals due to strong spot demand. On the Multi Commodity Exchange, the price of gold contracts for August delivery rose by Rs 154, or 0.16 percent, to Rs 97,056 per 10 grams in a business turnover of 13,323 lots. Analysts said fresh buying by participants led to the rise in gold prices. Globally, gold futures rose 0.49 percent to $3,359.90 an ounce in New York.

10 Jun

Two-wheeler sales to rose 8-9% in FY26

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Mumbai, June 10 Domestic two-wheeler sales are expected to grow 8-9 percent this fiscal, surpassing pre-Covid-19 levels, a report said on Monday. This includes several other factors including moderating inflation and the possibility of a favourable monsoon.The CareEdge Ratings report also mentioned that the domestic two-wheeler industry has maintained a healthy growth of 8 percent, 10 percent and 11 percent in FY23, FY24 and FY25, respectively.Sales growth in FY25 was supported by a 21 percent export recovery and a 9 percent growth in domestic sales. It said the improvement in exports was led by stability in key markets impacted by…

09 Jun

Maharashtra and Karnataka drive FDI rose with 51% share in FY25

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Maharashtra and Karnataka have emerged as the top destinations for foreign direct investment (FDI) in India during FY2024-25, accounting for more than half of the country's total inflows, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).Maharashtra topped the FDI table with foreign inflows of USD 19.6 billion, accounting for 31% of India's total FDI during April-March FY2025.Karnataka stood second with foreign investments of USD 6.62 billion, helping the two states collectively grab 51% of the total inflows. DPIIT data shows Delhi ranked third with USD 6 billion, followed by Gujarat (USD 5.71 billion),…

07 Jun

Silver futures price rose: Prices rise in India

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New Delhi, June 6: Silver prices rose by Rs 80 to Rs 1,01,460 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 80, or 0.08 percent, to Rs 1,01,460 per kg in a business turnover of 17,560 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.10 percent lower at $34.46 per ounce in New York.

06 Jun

Yes Bank shares rose after board approves raising ₹16,000 crore

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Yes Bank shares: Yes Bank shares rallied 1.87% to hit an intraday high of ₹21.24 on the BSE a day after its board approved raising ₹16,000 crore through a mix of equity and debt to fund business growth. The board approved raising of funds by issuance of eligible equity securities through various permissible instruments, provided that the aggregate amount to be raised by issuance of such securities does not exceed ₹7,500 crore and does not result in an aggregate dilution of more than 10% (including dilution on account of issuance of equity securities and conversion of any convertible debt securities…

05 Jun

Silver futures price upgrade : Prices rose in India

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New Delhi, June 5: Silver prices rose by Rs 80 to Rs 1,01,460 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 80, or 0.08 percent, to Rs 1,01,460 per kg in a business turnover of 17,560 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.10 percent lower at $34.46 per ounce in New York.

04 Jun

Gold prices upgrade , silver goes up by Rs 100

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New Delhi, June 4: The price of gold rose by Rs 70 to Rs 99,000 per 10 grams in the national capital on Tuesday due to a fall in the rupee, according to the All India Sarafa Association. The precious metal of 99.5 percent purity rose by Rs 200 to Rs 98,600 per 10 grams (inclusive of all taxes). The price of silver rose by Rs 100 to Rs 1,00,200 per kg (inclusive of all taxes) on Tuesday. The rupee on Tuesday closed 21 paise lower at 85.60 (provisional) against the US dollar due to strength in the American currency…

03 Jun

Guarseed futures prices upgrade on spot demand

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New Delhi, June 3: Guarseed prices rose by Rs 16 to Rs 5,109 per quintal in futures trade on Tuesday as speculators increased their positions amid a firm trend in the spot market. On the National Commodity and Derivatives Exchange, the price of guarseed contract for July delivery rose by Rs 16, or 0.31 percent, to Rs 5,109 per quintal in a business turnover of 35,480 lots. According to market sources, the main reason for the rise in guarseed prices is speculators increasing their positions, firm trend in the spot market and lower supplies from producing regions.