Asian stocks fell sharply once again as traders kicked off a fresh day of trading Wednesday, tracking losses in New York and Europe fuelled by long-running recession fears. MSCI’s index of Asia-Pacific shares outside Japan was trading 1.54 per cent lower.
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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