India’s consumer prices likely saw a similar increase in March as in February, with a Reuters poll forecasting a 3.60% rise. Higher gold prices, driven by investors seeking safe haven amid trade concerns, offset stable food prices impacted by uneven rainfall and heat waves. The Reserve Bank of India is expected to cut interest rates to bolster slowing economic growth.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent