India’s domestic air passenger traffic grew by 11.04 per cent in February 2025 on a year-on-year basis, official data showed on Thursday. As per the data released by the Directorate General of Civil Aviation (DGCA), India’s scheduled domestic flight operators ferried around 1.40 crore passengers last month. In February 2024, the traffic number stood at […]
NEW DELHI: India’s trade deficit has narrowed to a 42-month low of $14 billion in Feb 2025, thanks primarily to imports slowing to $51 billion, data released by the commerce ministry showed on Monday. But volatility in petroleum prices and global uncertainties meant that exports last month fell to $36.9 billion, compared to $41.4 billion […]
Wholesale inflation in India edged marginally higher in February, rising to 2.38 per cent, according to the data released by the Commerce Ministry on Monday. In January, WPI inflation was 2.31 per cent. The Food Index, consisting of ‘food articles’ from the primary articles group and ‘food products’ from the manufactured products group, decreased from […]
Gold prices have reached new record highs, but Gold ETFs experienced a notable slowdown in February, with monthly inflows dropping by 47.22% to Rs 1,979 crore, compared to Rs 3,751 crore in January. Despite this decline, the inflows in Gold ETFs have still seen a 99% year-on-year increase, from Rs 997 crore in February 2024. […]
India’s mergers and acquisitions (M&A) and private equity (PE) landscape saw a sharp rise in February, with deal volumes hitting a three-year high, despite global economic uncertainties. According to the latest Grant Thornton Bharat Dealtracker, the month recorded 226 M&A and PE deals worth $7.2 billion, reflecting a 67 percent year-on-year surge in volumes and […]
, India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. “This represents a 67 per cent increase in volumes and a 5.4-fold increase in […]
NEW DELHI: Kerala had the highest inflation rate among states, while Telangana had the lowest rate in Feb, latest data showed, highlighting that price pressures continue to persist in some of the larger states.Kerala recorded an inflation rate of 7.3% in Feb, followed by Chhattisgarh at 4.9%, Karnataka at 4.5%, Bihar at 4.5% and Jammu […]
NEW DELHI: India’s core inflation outlook remains positive despite rising industrial metal prices, a report by ICICI Bank Global Markets revealed.Core inflation remained higher in February, majorly due to a surge in gold prices. Meanwhile, stable global edible oil prices and expectations of a normal monsoon point to a positive outlook for food inflation in […]
NEW DELHI: Retail inflation cooled to a seven-month low in Feb as food prices eased, providing headroom for the Reserve Bank of India (RBI) to lower interest rates in April, while industrial output growth improved in Jan, led by expansion in manufacturing.Data released by the National Statistical Office (NSO) on Wednesday showed inflation, as measured […]
Retail inflation based on Consumer Price Index (CPI) dipped to 3.61 per cent in January, Government data showed on Wednesday. This is the lowest after July 2024. Meanwhile, industrial growth based on the Index of Industrial Production (IIP) accelearated to 5 per cent in January. Retail inflation was 4.3 per cent in January. “There is […]
