Inflation as measured by the annual change in the consumer price index (CPI), was forecast to have fallen to 4.80% in April from 5.66% in March, according to the median view from the May 8-9 Reuters poll of 53 economists.
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.
Iran’s currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington gears up for more sanctions.
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