State of India’s Economy: From agriculture to electricity, 6 key takeaways from RBI report

Financial Express Newsletter

18 MAY 2022 View in Browser

DAILY NEWSLETTER

State of India's Economy: From agriculture to electricity, 6 key takeaways from RBI report   Domestically, on one hand vehicle sales have been hurt by inflating metal prices; on the other hand wheat production has been shrivelled by the heat wave scorching the northern part of the country.     Nifty, Sensex end in red ahead of weekly F&O expiry, resistance at 16400; volatility to persist   After trading higher in morning deals, key benchmark indices turned volatile in noon deals on Wednesday and ended with marginal losses. The BSE Sensex closed 109.94 points or 0.20% lower at 54,208.53, and the Nifty shit shop 19 points or 0.12% down at 16,240.30, a day ahead of weekly F&O expiry.     Wheat export ban to marginally ease inflation as heat wave withers crop: Barclays   The export ban, Barclays believes, was triggered by a tightening in domestic wheat demand-supply dynamics, which could have pushed up domestic wheat prices.     Highest salary hike in 5 years for senior executives; 8.9% jump likely in 2022, says survey   "In the wake of the COVID-19 pandemic, talent is in short supply and the cost of attracting, retaining and engaging leadership talent that grows business is rising rapidly," Nitin Sethi, partner and CEO, India for Human Capital Solutions at Aon said.     Delhi-Meerut RRTS: Here's how NCRTC is planning to revolutionize public transportation in NCR   A provision has been made by NCRTC for a designated space for car parking and auto-rikshaws, and rental cars or taxis at RRTS station wherever possible.     Home Loan: How much is the additional interest cost after RBI's repo rate hike?   Most banks have linked their lending rates to the RBI repo rate and, therefore, the impact is immediate for the borrowers.     Rajiv Gandhi assassination case: Convict Perarivalan to walk free after three decades, Supreme Court orders release   A G Perarivalan, one of the convicts facing life imprisonment in the Rajiv Gandhi assassination case, will be released, the Supreme Court ruled on Wednesday.     Indian Navy successfully test-fires naval anti-ship missile   "This firing is a significant step towards achieving self-reliance in niche missile technology and reaffirms the Indian Navy's commitment to indigenisation," said a senior Navy official.     Hardik Patel quits Congress months before Gujarat elections, speculations rife of him joining BJP   Over a month after criticising the functioning of the Gujarat Congress, Patidar leader quit the party on Wednesday, giving a huge blow to the Congress ahead of the Assembly polls.     2022 Tata Harrier XZS launched at Rs 19.99 lakh: Here's what's new   The new 2022 Tata Harrier XZS has been launched in India at a starting price of Rs 19.99 lakh, ex-showroom. This new XZS trim slots in between the XZ and the top-spec XZ+ trims of the SUV.

Contact Us Unsubscribe About Us   Copyright © 2021 The Indian Express [P] Ltd. All Rights Reserved