IndiaBuoyant India growth outlook trimmed, more downgrades seen likely
Indradip GhoshHari Kishan
4 minute read
The record-setting COVID-19 wave in India has not had much impact so far on economic growth forecasts, with economists polled by Reuters cutting their buoyant outlook only slightly over the past few weeks, though most said further downgrades could be coming.
Another wave of infections in the world s second-most populous country has led to a health crisis, with the total reported cases at more than 18 million and more than 200,000 deaths. read more
While that has pushed many state governments to reimpose curbs, dealing a further blow to economic activity still reeling from the effects of the first wave, Indian shares ended at their highest level since mid-March on Thursday. read more
Shah Rukh Khan roped in for Streax Shampoo Hair Colour brand oyetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oyetimes.com Daily Mail and Mail on Sunday newspapers.
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Actor Shah Rukh Khan, who is busy with the shooting schedule of
Pathan, has been roped in for Streax. He partnered with the brand for Streax Shampoo Hair Colour. The campaign was unveiled on April 5 as the TVC motivates men to colour their hair in an easy way.
“I loved the idea of inspiring confidence in people. The fact that it can be done with something as simple and easy like using a hair colour is really cool. It was great to be associated with Streax and I enjoyed the creative process,” Shah Rukh Khan said in a statement.
Shah Rukh Khan roped in by Streax brand, partners for shampoo hair colour prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Mumbai: India’s retail inflation accelerated to a three-month high in February on higher fuel prices, which could challenge the central bank’s accommodative stance and record-low key policy rates adopted to boost the pandemic-hit economy.
India’s retail inflation rose to 5.03 per cent in February from a year ago, government data released on Friday showed.
“Improving growth expectations and firm crude prices are complicating monetary policy expectations. The one-year implied rate has risen this year, as have 5-year overnight index swaps, as markets build policy tightening risks,” said Radhika Rao, DBS Bank Singapore.
Bounce in February’s inflation . adds to this debate. Much of the increase stemmed from a sequential uptick in staple vegetables and commodity price pressures. With part of the pass-through also seeping into services (transport), core inflation hardened to 5.9 per cent year on year, spurred also by a return in the demand impulse and return in producers’ p