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Retail inflation hits a low of 2.99% in April

Retail inflation hits a low of 2.99% in April

Retail inflation fell sharply to 2.99 percent in April, from 3.89 percent in March, due to lower cost of food items, including pulses and vegetables that showed a deflationary trend.

 

India's industrial output growth slips to 2.7% in March; retail inflation declines to 2.99% in April

India's industrial output growth slips to 2.7% in March; retail inflation declines to 2.99% in April

Industrial output growth slipped to 2.7 percent in March, chiefly because of poor performance of the manufacturing sector, showed the IIP data based on the revised base year of 2011-12.

April CPI inflation to slip to 3.2% from 3.8% in Mar: BofA-ML

April CPI inflation is expected to slip to 3.2 percent from 3.8 percent in March, well within the RBI's 2-6 percent target, says a Bank of America Merrill Lynch (BofA-ML) report.

March CPI inflation makes Aug rate cut case stronger: BofAML

CPI inflation is well within the RBI's 2-6 percent mandate and the March number makes the case for a 25 bps rate cut in August even stronger, says a Bank of America Merrill Lynch (BofAML) report.

Double whammy for India's economy: Industrial output contracts 1.2% in February; inflation rises to 3.81% in March

Double whammy for India's economy: Industrial output contracts 1.2% in February; inflation rises to 3.81% in March

India's industrial production contracted by 1.2 percent in February due to poor performance of manufacturing sector coupled with decrease in output of capital goods, as per data released by Central Statistics Office (CSO).

Inflation to average at 5 % in FY'18: Crisil

CPI inflation is likely to average higher at 5 percent in the current fiscal on expectations of increasing pressure on food prices as well as uptick in global oil and commodity rates, says a Crisil report.

 

RBI likely to go for status quo at April review: Analysts

RBI likely to go for status quo at April review: Analysts

The Reserve Bank is likely to opt for status quo despite the March 2017 inflation number being much below the targeted level at next month's policy review, analysts said on Monday.

India GDP growth to slow to 6.7% in Jan-Mar 2017: Nomura

India GDP growth to slow to 6.7% in Jan-Mar 2017: Nomura

India's GDP growth is expected to slow to 6.7 percent in the January-March quarter of this fiscal year as overall activity is yet to bounce back to levels seen prior to demonetisation, says a Nomura report.

Rupee hits fresh 16-month high, up 13 paise at 65.69 vs USD

Rupee hits fresh 16-month high, up 13 paise at 65.69 vs USD

The rupee continued its stellar run against the dollar to finish at a fresh 16-month high of 65.69 Wednesday as exporters aggressively offloaded the US currency ahead of the Fed meet outcome.

Retail inflation rises to 3.65% in February

Retail inflation rises to 3.65% in February

Retail inflation rose to 3.65 percent in February mainly on account of surge in price of food items like fruits, sugar and confectionery.

 

WPI inflation to rise in next 3 months, likely to average around 4.4% in 2017: Nomura

WPI inflation to rise in next 3 months, likely to average around 4.4% in 2017: Nomura

WPI inflation is expected to rise in the next three months and is likely to average around 4.4 percent in 2017, much higher than 2 percent in 2016, says a Nomura report.

As inflation shoots up, India Inc seeks lower lending rates

As inflation shoots up, India Inc seeks lower lending rates

India Inc on Tuesday pitched for lower lending rates and nudged policymakers to take measures to improve the credit flow to manufacturing and infrastructure sectors as wholesale inflation rose at the fastest pace of 5.25 percent in two-and-a-half years in January.

Consumer price inflation set to see upside pressure: Crisil

Consumer price inflation set to see upside pressure: Crisil

Even as consumer price inflation (CPI) has come down due to a dip in food inflation and Index of Industrial Production (IIP) also seen a slip as a fallout of demonetisation, the former could see upside pressure hereon, Crisil said today.

Inflation eases to 5-year low of 3.17% in January

Inflation eases to 5-year low of 3.17% in January

Retail inflation eased to 3.17 percent in January, its lowest level in at least five years.

 

 

RBI may cut repo rate by 0.25% in February: HSBC report

RBI may cut repo rate by 0.25% in February: HSBC report

With uncertanity over implementation of GST, rising crude oil prices and the challenging 4 percent CPI in medium term, Reserve Bank may cut repo rate for the final time by a 25 basis points in the February policy, says a report.

 

Demonetisation pushes retail inflation to a 3-year low of 3.41% in December

Demonetisation pushes retail inflation to a 3-year low of 3.41% in December

Falling prices of vegetables and pulses in the wake of cash crunch following the demonetisation move pushed the retail inflation to a 3-year low of 3.41 percent in December.

Nifty reclaims 8,400-mark, Sensex up over 100 points

Nifty reclaims 8,400-mark, Sensex up over 100 points

The benchmark Sensex closed higher by 106.75 points or 0.39 percent at 27,247.16 after moving in range of 27,278.93-27,166.69.

HSBC pegs GDP growth at 6.3% on note ban pains

HSBC pegs GDP growth at 6.3% on note ban pains

Foreign brokerage HSBC on Monday projected sharply lower growth numbers for the year at 6.3 percent, way lower than the official CSO estimate of 7.1 percent for 2016-17.

Economy grew 7.2% in first half of current fiscal, inflation in comfort zone: FinMin

Economy grew 7.2% in first half of current fiscal, inflation in comfort zone: FinMin

Finance Ministry on Friday said that the Indian economy grew 7.2 percent in the first half of the current fiscal, retaining its position as one of the fastest growing major economies in the world.

CPI inflation likely to be around 5.7% in 2017; rate cut possible: Nomura

CPI inflation likely to be around 5.7% in 2017; rate cut possible: Nomura

India's CPI inflation is likely to average around 5.3 per cent in 2017, up from 5.1 per cent in 2016, but the RBI might still cut repo rate by 25 bps in the first quarter of next year, says a Nomura report.