The paper by think-tank National Council of Applied Economic Research addresses the ongoing debate among policymakers over whether food prices should be stripped from inflation targeting. Economists argue that this approach is not feasible in a country like India, where food makes up nearly half of the consumer price index basket.
After detecting "potentially suspicious activity" in its IT systems on Saturday, the chipmaker Microchip Technology began taking steps to assess and contain the issue, it said in a filing.
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Nifty's index saw consecutive higher highs and lows, supported by the 50 DEMA, and broke out above 24400. Holding above 24650 could target 25000. Volatility decline aligns with a bullish market. Option data implies a trading range between 24300-25300. Analysts recommend a Bull Call Spread for potential gains.
US Presidential Elections 2024: Michelle Obama made a significant appearance at the Democratic National Convention, delivering a speech that criticized former President Trump and endorsed Kamala Harris as a highly qualified presidential candidate. Her address rekindled enthusiasm within the Democratic Party, echoing the hopeful and united spirit of Barack Obama's prior campaigns.
