Top Headlines: Petro products export share rises; RBI rate hike, and more

With the price index surprising on the upside in August, many analysts have pencilled in a higher inflation print in September as well and accordingly expect the RBI to frontload policy rate hikes

A few automakers, global as well as Indian, were not letting domestic component manufacturers localise their production and were forcing them to import from suppliers they preferred, Piyush Goyal said. High international energy prices and cheaper crude oil sourced from Russia have lifted the share of India’s petroleum products in exports to their highest ever at 21.2 per cent during April-August. Read more on these in our top headlines.

Goyal warns automakers against forcing component makers to import

A few automakers, global as well as Indian, were not letting domestic component manufacturers localise their production and were forcing them to