The Magazine for Asian Investors
Gold sales in India are likely to be weak this year. This is because inflationary pressures and bad monsoon weather could worsen farmers’ incomes, reducing their ability to buy gold. The livelihoods of millions of farmers in India depend on…
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…
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…
The Indian prime minister said that India is becoming a center for two- and four-wheeled electric vehicles, and the country is experiencing a “quiet revolution” because these types of vehicles do not make noise when driven. According to the Japanese…
The Indian government and industry officials said Friday (Aug. 26) that India, the world’s largest rice exporter, is considering limiting exports of 100% broken rice after rice acreage declined due to a “drug-free” crisis with insufficient rainfall. India’s tendency to…
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%…
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…
The Reserve Bank of India (RBI) today raised its repo rate by 0.50% to 5.40%, the third rate hike in recent months, in a bid to curb surging inflation. It has been predicted that Indian inflation, which reached 7% in…
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…
India’s consumer prices remain elevated. The CPI increased by 7.01% YoY in June compared to 7.04% in the previous month. The slight deceleration was mainly due to food prices which returned to slightly normal. However, energy prices remain high. The…
