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WPI, retail inflation touch new lows bolstering rate cut hopes

Last Updated: Monday, September 14, 2015, 21:19

Consumer price inflation eased to 3.66 percent in August from 3.69 percent, while wholesale prices tumbled for a tenth straight month to minus 4.95 percent compared with a provisional (-) 4.05 percent in July.

Retail inflation falls to a new low of 3.66% in August

Last Updated: Monday, September 14, 2015, 19:10

Retail inflation fell to a new low of 3.66 percent in August due to a slower rate of price rise in vegetables, fruits and protein items, except pulses, which may prompt the Reserve Bank to cut rates at its September 29 policy meet.

August retail inflation hits a multi-year low of 3.66%

Last Updated: Monday, September 14, 2015, 17:48

Retail inflation for the month of August fell to multi-year low of 3.66 percent on account of cheaper food prices, including of vegetables, fruits and cereals, as per data released by the Central Statistics Office (CSO).

RBI will take note of falling inflation: Jaitley

Last Updated: Tuesday, August 18, 2015, 23:02

Making a case for interest rate cut, Finance Minister Arun Jaitley Tuesday hoped that RBI will take note of the declining inflation and take a decision accordingly.

Retail inflation at record low, industrial production at 4-month high

Last Updated: Wednesday, August 12, 2015, 22:45

Retail inflation fell to a record low of 3.78 percent in July and industrial production hit a 4-month high of 3.8 percent in June, which may bring cheer to investors and add to the clamour for interest rate cut by RBI.

Inflation under control, economy on mend: Finance Secy

Last Updated: Wednesday, August 12, 2015, 22:19

With crude prices still falling, inflation is expected to remain under control, Finance Secretary Rajiv Mehrishi said Wednesday while emphasising that industrial production growth shows that the economy is on mend.

Retail inflation hits multi-year low of 3.78% in July

Last Updated: Wednesday, August 12, 2015, 19:15

Retail inflation fell to multi-year low of 3.78 percent in July on account of cheaper food prices, including of vegetables, fruits and cereals.

Inflation cools to 3.78% in July

Last Updated: Wednesday, August 12, 2015, 17:46

India's retail inflation cooled to 3.78 percent in July as food price rises stayed in check.

Retail inflation to average 5.6% this fiscal: DBS

Last Updated: Thursday, August 6, 2015, 23:16

Retail inflation in India is likely to average around 5.6 percent this year, down from 6.1 percent in financial year 2014-15, says a DBS report.

SBI rules out rate cut in near future

Last Updated: Tuesday, August 4, 2015, 13:11

Top public sector lender SBI today ruled out any interest rate cut for its borrowers, even as the RBI chided banks for not having passed the full benefits of the last three reduction in its policy rate.

SBI sees no rate cut by RBI on Aug 4

Last Updated: Friday, July 17, 2015, 14:45

Country's largest lender State Bank of India (SBI) on Friday said it is not expecting a rate cut by RBI in the monetary policy review next month on account of slightly higher retail inflation.

Forex reserves at 'reasonable' level: RBI

Last Updated: Tuesday, July 14, 2015, 16:09

Reserve Bank Deputy Governor S S Mundra on Tuesday assured that India's foreign exchange reserves are at 'reasonable' level.