Retail inflation rate for December cools down to 4-month low at 5.22%
The retail inflation, measured by the Consumer Price Index (CPI) in November, fell from a 14-month high of 6.21% in October.
The retail inflation, measured by the Consumer Price Index (CPI) in November, fell from a 14-month high of 6.21% in October.
This morning, it crossed 81.50 against the US dollar. On Friday, it closed at 81.25. Notably, last Thursday's depreciation was the biggest single-day fall for the rupee since February 24.
This morning, the Rupee opened 25 paise lower from the previous session to touch a record low of 81.09 versus the US dollar, against Thursday's close of 80.86. Yesterday's depreciation was the biggest single-day fall for the rupee since February 24.
Shedding the gains made earlier in the day, the Indian equity indices plunged nearly 1 per cent on Monday, with the S&P BSE Sensex losing 332.55 points, tracking similar global cues and a slowdown in the manufacturing sector.
The US dollar was steady against its peers in early Asian trade, having failed to extend overnight gains amid uncertainty over Chinese investments in the US
The key Indian equity indices on Monday opened lower. The 30-scrip Sensitive Index (Sensex), was trading 77.77 points or 0.26…
