The all-India House Price Index (HPI) rose by 5.1 per cent in the April-June quarter of 2023-24 as compared with 3.4 per cent a year ago, according to data released by the Reserve Bank of India on Thursday. The RBI releases quarterly HPI based on transaction-level data received from the registration authorities in ten major … Read more
India’s foreign exchange reserves rose by $1.5 billion in the week ending March 3, breaking a four-week falling trend. The reserves were at $562.4 billion, Reserve Bank of India data showed. The accretion was largely on account of overseas investment inflows into Adani group of companies. American firm GQG Partners pumped in $1.9 billion into … Read more
Aggregate sales of 1,701 listed manufacturing companies recorded a growth of 27.3 per cent in the third quarter of 2021-22 on an annual basis, aided by high sales growth in petroleum, non-ferrous metals, iron and steel, chemicals and textiles industries, according to RBI data released on Monday. RBI released the data on the performance of … Read more
India’s current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as its merchandise trade deficit grew, the Reserve Bank of India said on Wednesday. The surplus stood at 2.4% of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or … Read more