Finance

Retail Inflation Drops to Four-Month Low at 5.22%

By BPN News Desk
India’s retail inflation eased to 5.22% in December, hitting a four-month low and remaining within the Reserve Bank of India’s (RBI) comfort zone of 2-6%. This decline is attributed to falling food prices and improved supply chains, offering relief to policymakers and consumers alike. Food Prices Drive Inflation Decline The primary factor behind the dip […]
Finance

Mutual Funds Boost Cash Allocation by ₹7,000 Crore

By BPN News Desk
Mutual funds in India increased their cash allocation significantly by ₹7,000 crore in December, taking the total allocation to a record ₹1.87 lakh crore. This rise reflects fund managers’ cautious approach amidst market volatility and concerns over global economic uncertainties. Fund Managers Shift Strategy The sharp increase in cash reserves is attributed to fund

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