RBI MPC may hike inflation forecast, trim growth rate

RBI MPC may hike inflation forecast, trim growth rate

MUMBAI: While the majority of forecasters and market participants expect Reserve Bank of India‘s Monetary Policy Committee meeting to vote for a status quo on interest rates, the forthcoming MPC statement on June 5 will be observed minutely.With disruptions owing to the West Asia conflict now approaching 100 days, this is no longer a short-term…

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FPIs take out nearly Rs 33k cr from Indian equities in May

FPIs take out nearly Rs 33k cr from Indian equities in May

NEW DELHI: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May. Besides FPIs, analysts expect developments around the West Asia war, crude oil prices, and the RBI’s interest rate decision to determine the equity-market trend in the event-heavy week ahead.In 2026 so far, the total outflow by foreign…

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India’s domestic air traffic falls 4.2% in April amid weak demand and rising costs

India’s domestic air traffic falls 4.2% in April amid weak demand and rising costs

Domestic aviation in the country slowed down in April, with passenger traffic slipping 4.2% to just over 1.38 crore compared to March, according to the latest data released by the Directorate General of Civil Aviation (DGCA). The decline comes amid multiple headwinds, including relatively softer travel demand.The DGCA figures showed that airlines transported more than…

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