Fitch rating

Fitch upgrades India's growth forecast for FY19 to 7.8%

An upswing in manufacturing activity and revival of private investment, supported by strong consumer demand, accelerated India's GDP growth rate in the first quarter of 2018-19 to 8.2 per cent, official data showed last month. Sep 22, 2018
fuel prices

Negative global cues, weak rupee subdue Indian equity indices

According to analysts, investors feared that high petrol and diesel prices and a weak rupee would pump up the retail and wholesale inflation rates, thereby mitigating chances of a rate cut by the Reserve Bank of India in the near term. Sep 11, 2018