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India#39;s headline inflation rate fell to 4.87 percent in October thanks to a favourable base effect and the cooling of vegetable prices. However, the reversal of these two factors is set to push inflation close to 6 percent in November

The projection for the economy’s potential growth rate is based on higher capital investment in the real estate and private sector, Neelkanth Mishra, chief economist of Axis Bank, said at a briefing on Monday in Mumbai. These segments of the economy slowed down during the 2012-2019 period.

India#39;s headline inflation rate fell to 4.87 percent in October thanks to a favourable base effect and the cooling of vegetable prices. However, the reversal of these two factors is set to push inflation close to 6 percent in November

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 12, 2023.

IRFC has seen a consolidation breakout. The stock has formed long bullish candlestick pattern on the daily charts with robust volumes and traded above all key moving averages.

Traders are advised to hold longs with trailing stop-loss of 20,500 in Nifty on the closing basis.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 12, 2023.

In April 2016, PMC’s engineering business was folded into Howe, according to court filings. Howe has remained an Adani contractor for some of the largest ports and railway lines presently under construction in India, recent filings analyzed by Bloomberg show.

Growth in volumes, pan-India presence, and strong consumer sentiment are some of the driving forces in the segment, says Khandpal.

The move is aimed at drawing $9 billion in corporate investment, as New York jockeys to host a new national semiconductor technology center.