Since Indian IT exporters earn more than half of the revenue from banking, financial services, and insurance (BFSI), and manufacturing clients in the US and Europe, they are perceived to be a direct proxy to the economic growth in the developed markets.
The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities
Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the
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