Stock market: Sensex hits record high, rupee rallies as trade deficit narrows

Stock market: Sensex hits record high, rupee rallies as trade deficit narrows

India’s benchmark BSE Sensex hit a record high on Monday, while the rupee rallied to a 3-1/2 week top, after data on Friday showed the country’s merchandise exports surged in September, pushing the trade deficit to a seven-month low. India’s...
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Stimulus, farm waiver to push up fiscal deficit by 1%: RBI

Stimulus, farm waiver to push up fiscal deficit by 1%: RBI

Cutting its growth estimate for the current fiscal, the RBI warned on Wednesday that any economic stimulus and farm debt waivers could push up fiscal deficit by 1 percentage point, potentially stoking inflation. Such measure could lead to inflation surging...
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