Last Updated: Tuesday, July 14, 2015, 16:03
With wholesale inflation slipping to (-)2.4 percent in June, India Inc today demanded a deeper cut in key policy rates by RBI to stimulate demand and boost investments, at a time when industrial growth has slowed down.
Last Updated: Monday, July 13, 2015, 18:29
Retail inflation surged to eight month high of 5.4 percent in June mainly due to costlier food items limiting the room for RBI to cut rates next month.
Last Updated: Monday, July 13, 2015, 17:53
On the back of higher prices of food items, fuel, housing, clothing and footwear, retail inflation rose to 5.4 percent in June, an 8-month high, as compared to the 5.01 percent in May.
Last Updated: Monday, June 22, 2015, 18:54
Industrial production grew at a two-month high of 4.1 percent in April.
Last Updated: Monday, June 15, 2015, 18:40
According to SBI Research, the August CPI would be around sub-4 percent (at 3.5-3.6 percent), while FY16 March could be around 5.6-5.7 percent. This may prompt the RBI for another cut in repo rate towards the end of this fiscal," it added.
Last Updated: Friday, June 12, 2015, 21:15
Showing signs of recovery, factory output rose to a two month high of 4.1 per cent in April driven by manufacturing, but retail inflation too edged up in May amid worries over deficient monsoon.
Last Updated: Friday, June 12, 2015, 19:22
The Consumer Price Index-based inflation was at 4.87 per cent in April 2015. The retail inflation was 8.33 per cent in May 2014.
Last Updated: Friday, June 12, 2015, 17:48
The Consumer Price Index (CPI) based inflation for May stood at 5.01 percent as against 4.87 percent in April.
Last Updated: Thursday, May 28, 2015, 12:35
Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.
Last Updated: Tuesday, May 26, 2015, 16:40
At present, the price situation is much better with CPI inflation down to 5 percent and the WPI remaining in the negative territory for past several months.
Last Updated: Tuesday, May 26, 2015, 16:23
India's central bank has room to further ease its monetary policy, Chief Economic Adviser Arvind Subramanian told reporters on Tuesday.
Last Updated: Tuesday, May 26, 2015, 15:04
India's adequate food stocks would help contain inflation, even if summer monsoon rains turn out to be weak, Chief Economic Adviser Arvind Subramanian said on Tuesday.
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