India Stock Market Highlights Today: UltraTech Cement, followed by Bharti Airtel, Asian Paints, Titan, ITC, Kotak Bank and L&T wer among the top gainers on Sensex. On the other hand, ICICI Bank, IndusInd Bank, SBI, Axis Bank and Bajaj Finserv were among the laggards

Retail inflation jumped to 7.34 per cent in September, mainly on account of higher food prices, official data showed on Monday

On the currency front, the rupee snapped its three-session winning run and slipped 12 paise to settle at 73.28 against the US dollar on Monday

India Stock Market Highlights Today: SBI, followed by ITC, PowerGrid, Axis Bank, NTPC, ICICI Bank, HDFC and Kotak Bank were among the top gainers on Sensex pack. On the other hand, Bajaj Auto, ONGC, Titan, HDFC Bank and Asian Paints were among the laggards

The economists at SBI believe that India's GDP will remain in negative territory in all the four quarters of FY21 and any positive growth will be seen only in FY22

Not only tomato, prices of onion and wheat have also peaked to Rs 80 and Rs 60 per kg, respectively, in Pakistan; imported vegetables are also not providing a big relief for the country's citizens as items like ginger are being sold for Rs 600-700 per kg

The RBI has kept the retail inflation target of 4 per cent with a bias of plus/minus 2 per cent

While high inflation was a major stumbling block for the monetary policy committee (MPC) to reduce the repo rate, the Governor expects retail inflation or CPI to come closer to the targeted level by the fourth quarter

Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards

The next meeting of the RBI's monetary Policy Committee (MPC) is scheduled during October 7 to October 9, 2020

The economy has been going through a phase of stagflation. Here is what this means

The government and the RBI need to work in tandem to have a comprehensive inflation strategy for the medium term to reduce any adverse impact of pandemic which is still raging in India. At a time when the RBI has no option but to keep interest rate low and infuse liquidity, the retail inflation poses a big danger. The retail inflation or the consumer Price index has been over 6 per cent plus for the fifth month in a row, which is above the RBI's tolerance limit. This steep rise in inflation is a bit puzzling when there is a widespread demand destruction post the Covid lockdown. While food prices , which have over half the share in the CPI basket , is the main culprit , the inflationary expectations in the economy are also on the rise. A large government borrowing programme and a likely debt monetisation would also add fuel to inflation fire.  Watch the video as Anand Adhikari, Executive Editor, Business Today, explains the strategy the country needs to adopt. Also Read: Get ready for 'restructured' tag in credit report for loan reset

The Reserve Bank of India (RBI) on Monday said that a meeting of monetary policy committee (MPC) for this week has been rescheduled

The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for three days starting September 29

Farm bills row: This change in farming sector is the need of the present hour and our government has brought this reform for farmers, said PM Modi

A total of 12 opposition parties yesterday gave a notice for a no-confidence motion against Rajya Sabha Deputy Chairman Harivansh over the manner in which two farm Bills were passed after he overruled their pleas for an adjournment of the proceedings

The Prime Minister says for decades, Indian farmers have been bound by various constraints and bullied by middlemen; these bills passed by Parliament will liberate farmers from such adversities, says the PM

Opposition accuses BJP government of censoring Rajya Sabha TV coverage during Parliament session; agriculture minister terms the bills \"historic\", which will bring a revolutionary change in farmer's lives

Bills are facing staunch opposition from farmer bodies as well as from within ruling coalition; Harsimrat Kaur Badal, food processing minister from Shiromani Akali Dal party, resigned from Cabinet last week

Congress leader Partap Singh Bajwa, who hails from Punjab, describes the proposed laws as \"ill-conceived and ill-timed\" and says his party \"completely rejects\" them. He says the bills are against land owners across the country, especially those of Punjab, Haryana and western Uttar Pradesh