MUMBAI, March 27 (Reuters) – The cost of swapping U.S. dollars for Indian rupees remained high as the financial year’s final working day approaches, with bankers wary of a potential recurrence of the surge witnessed in December. The swap points for the exchange covering March 28 to April 2 — the current financial year’s last…
Retail inflation in February eased to under the Reserve Bank of India’s (RBI) 4% target for the first time in six months, government data released on Wednesday showed. The consumer price index was up only 3.6% from the same month in 2024. Also Read: Mint Quick Edit | Inflation is down: Will interest rates follow?…
Estimates of gross value added (GVA) and gross domestic product (GDP) for 2024-25 were released last month along with revised estimates for 2023-24 and final data for 2022-23. The numbers for 2024-25 were broadly in line with estimates released earlier, with GDP growth placed at 6.5%, marginally higher than the 6.4% reported as part of…
