Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
GLOBAL-FOREX:Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
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GLOBAL-FOREX:Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
The surge that sent US Treasury yields to the highest in decades is threatening carry trades that had become the go-to strategy for emerging-market investors this year.
Religious travel accounted for the largest share of overnight trips at 47.7%, followed by health and medical travel (29.6%), and holidaying, leisure and recreation (22.1%). On an average, Indians spent Rs 11,723 per overnight trip on holidays, with transport accounting for around 30% of the expense.
India’s LPG customer base had been expanding steadily, with the adoption of cooking gas accelerating over the past decade. The active LPG customer base more than doubled to 333.9 million at the beginning of the current fiscal year from 148.6 million at the start of 2015-16. Growth ranged between 11.9% and 19.6% in the four…
Investors will track various firms on September 25, including Dr Lal PathLabs, Vedanta, and Nykaa, due to recent corporate developments.
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