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India’s merchandise exports rose 6.7 per cent year-on-year to $35.1 billion in August, while imports fell 10.12 per cent to $61.59 billion, according to government data released on Monday.Exports were valued at $32.89 billion in the same month last year, while imports had stood at $68.53 billion, PTI reported.The country’s trade deficit narrowed to $26.49…
India’s wholesale price inflation (WPI) moved back into the positive zone in August, rising to 0.52 per cent after staying in deflation for two straight months, according to government data released on Monday. WPI had recorded (-) 0.58 per cent in July and (-) 0.19 per cent in June, while it stood at 1.25 per…
Equity mutual fund inflows, including hybrid schemes but excluding arbitrage, in August this year fell to Rs 424 billion, marking a 25% month-on-month and 8% annual decline, as per a JM Financial report.The fall was driven largely by a thinning new fund offering (NFO) pipeline, which accounted for 61% of the Rs 142 billion MoM…
