The World Bank, meanwhile, retained India's GDP growth forecast for the financial year 2023-24 at 6.3 per cent, noting that the country continued to show resilience against the backdrop of a challenging global environment.
Equity benchmark indices rebounded in early trade on Friday after a three-day decline but later gave up initial gains to quote in the negative territory
Indian stock indices touched fresh highs on Friday, largely due to strong overnight cues from US markets and consistent fund inflows by foreign portfolio investors
Retail inflation declined to 6.83 per cent in August after touching a 15-month high of 7.44 per cent in July, mainly due to softening prices of vegetables, but still remains above the Reserve Bank's comfort zone.
Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets