Tag India

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India’s inflation rises by 7% in August

According to India’s Ministry of Statistics, the consumer price index (CPI) jumped to 7% in August from 6.71% in July. The August CPI rebound was driven by a surge in food prices. The CPI rose for the eighth consecutive month…

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India’s GDP grows by 13.5% from April to June

The National Statistical Office of India (NSO) reported that gross domestic product (GDP) increased by 13.5% from April to June 2022, the first quarter of India’s fiscal year 2022-2023. The GDP figure was the highest in a year, although it…

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India’s inflation slows to 6.71% in July

The Indian Ministry of Statistics has announced that the consumer price index (CPI) slowed to 6.71% year-on-year in July. This is the lowest level since March, compared to 7.01% in June. However, the CPI remained above the central bank’s 6%…

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India’s coal demand increases, while China’s drops

According to the International Energy Agency (IEA), domestic coal demand in India is expected to increase by 7% for the full year from early 2022 as the country’s economy grows and electricity consumption increases. In contrast, coal consumption in China…

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Indian rupee sinks to record low

The Indian rupee fell this morning. Domestic equity markets rose, and a slight decline in global crude oil prices failed to allay concerns about a global dollar shortage. The US dollar weakened today, while the euro gained. Europe may be…

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