India's wholesale price index (WPI)-based inflation fell to a 29-month low of 1.34 per cent in March owing to a steep fall in indexes of primary articles, manufactured products, fuel and power as well as food.
Wholesale inflation was 3.85 per cent in February 2023, while it was 4.73 per cent in January 2023.
Even the February WPI inflation at 3.85 per cent was a two-year low.
In January 2021, wholesale inflation had fallen to 2.51 per cent.
The wholesale inflation figures have come just days after retail inflation had stood at 5.66 per cent for March 2023, which too was at a 15-month low.
Share market ends in green, Sensex settles at 78,699
The domestic benchmark indices ended with gains on Friday as buying was seen in pharma, auto, IT, financial service, FMCG, media, and private bank sectors on Nifty.
VC funding drops 22.5 pc in China in Jan-Nov as India sees surge
As venture capital (VC) funding surged in India this year, China saw a 22.5 per cent decline in VC funding by both volume and value in the January-November period, a report showed on Thursday.
Indian share market opens in green, Nifty above 23,800
At around 9:37 am, Sensex was trading at 78,744.55 after gaining 271.68 points or 0.35 per cent, while the Nifty was trading at 23,812.50 after gaining 84.85 points or 0.36 per cent.
Indian share market ends in red ahead of key global policy decisions
Ahead of key policy decisions especially from the US Federal Reserve, the Indian stock market closed in red on Tuesday as selling was seen in the PSU bank, auto, IT, financial service, pharma, FMCG, metal, and realty sectors of Nifty.