Oil prices have been range-bound in the recent past except for the brief uptick in prices on account of the escalation of the Israel-Iran conflict. Briefly, Brent moved up beyond the US$ 90 per barrel level fearing some disruption of oil supply due to a prolonged war in the Middle East. At present it looks […]
Gold prices moved up from the US$ 2050 base, where it was hovering around for a long time, to a new range mainly due to the tensions that emerged in the Middle East, and also on the back of the Fed stance in relation to the policy rate. The initial period of the rise in […]
The CPI based inflation for the month of April 2024 was reported at 4.83%, largely unchanged as compared to the levels reported in the preceding month. These are the lowest numbers in the last 10 months. The CPI inflation during the year ago period was reported at 4.70%. The headline numbers remained well supported by […]
