Unseasonal rains to push CPI inflation to 6% in Q2 2015: Nomura

Last Updated: Monday, April 6, 2015, 16:27

Inflation momentum is likely to increase in the coming months largely due to unseasonal rains which could push CPI inflation to nearly 6 percent in next three months, says a Nomura report.

Nifty falls 128 points, ends below 8,700-level

Last Updated: Friday, March 13, 2015, 19:28

The benchmark Nifty index closed lowest in a month, lossing 128.25 points, reversing all its overnight gains amid across the board selling pressure reacting to uncertainty over Apex bank further rate cut following rise in CPI inflation.

Inflation rises for 3rd month in Feb; Industrial output grows 2.6% in Jan

Last Updated: Thursday, March 12, 2015, 22:21

Diminishing hopes of another rate cut by the Reserve Bank, retail inflation rose to 5.37 percent in February, the third consecutive month of uptick, even as industrial output grew by modest 2.6 percent in January.

Retail inflation edges up to 5.37% in Feb on costlier food items

Last Updated: Thursday, March 12, 2015, 19:35

The retail inflation rose to 5.37 percent in February on higher prices of food items, including vegetables and beverages.

Retail inflation inches up to 5.37% in February

Last Updated: Thursday, March 12, 2015, 18:23

Rising for the third straight month, retail inflation in February rose to 5.37 percent compared to the 5.11 percent in the month of January.

Retail inflation target band could tighten in 5-10 years: Raghuram Rajan

Last Updated: Friday, March 6, 2015, 16:09

Reserve Bank Governor Raghuram Rajan has said the target band for retail inflation could tighten much further in the future as the central bank becomes more comfortable with it.

Monetary policy to now target inflation, to be 6% by Jan 2016

Last Updated: Monday, March 2, 2015, 11:56

"The Reserve Bank will aim to bring inflation below 6 per cent by January 2016. The target of financial year 2016-17 and all subsequent years shall be four per cent with a band of (+/-) 2 per cent," the agreement said.

Retail inflation rises to 5.11% in January on costlier food

Last Updated: Thursday, February 12, 2015, 18:55

Retail inflation moved up to 5.11 percent in January month-on-month, measured on a new base year 2012, mainly due to dearer food items including fruits and vegetables.

Govt to release new series of retail inflation next month

Last Updated: Thursday, January 22, 2015, 21:46

For presenting a more accurate and realistic price situation, government will release next month a new series of Consumer Price Index (CPI) with 2012 as base year for computing retail inflation rate.

Benign inflation data fuels rate cut calls

Last Updated: Wednesday, January 14, 2015, 14:50

Plunging global oil markets helped India post slower-than-expected wholesale price inflation in December, raising hopes for an early cut in interest rates to help the economy out of its longest phase of sub-par growth since the 1980s.