Veggies, pulses drag inflation to record low of 2.18% in May
Retail inflation fell to a record low of 2.18 percent in May as prices of kitchen staples like vegetables and pulses declined sharply although there was a marginal spike in fruit rates.
Jun 12, 2017, 19:07 PM IST
India's economy gets double dose of good news; industrial output rises 3.1%, inflation hits record low of 2.18%
India's industrial production grew by 3.1 percent in April due to good performance of electricity, mining and manufacturing sectors, as per data released by Central Statistics Office (CSO).
Jun 12, 2017, 17:35 PM IST
RBI to leave rates unchanged in FY18: Nomura
The Reserve Bank is expected to leave key interest rates unchanged in the current financial year despite low inflationary pressures and might go for a cumulative 50 bps rate hike next April, says a Nomura report.
Jun 08, 2017, 16:18 PM IST
RBI lowers inflation projection to 2-3.5% in H1 FY18
RBI expects retail inflation to fall to 2-3.5 percent in the first half of current fiscal and move up to 4.5 percent in the second half saying that rush for farm loan waivers may have inflationary spillovers.
Jun 07, 2017, 16:11 PM IST
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.
May 12, 2017, 19:06 PM IST
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.
May 12, 2017, 17:34 PM IST
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.
May 12, 2017, 11:46 AM IST
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.
Apr 13, 2017, 13:34 PM IST
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).
Apr 12, 2017, 17:33 PM IST
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.
Apr 05, 2017, 18:35 PM IST
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.
Mar 27, 2017, 19:10 PM IST
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.
Mar 22, 2017, 15:46 PM IST
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.
Mar 15, 2017, 18:58 PM IST
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.
Mar 14, 2017, 18:34 PM IST
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.
Feb 15, 2017, 12:52 PM IST
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.
Feb 14, 2017, 16:39 PM IST
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.
Feb 13, 2017, 23:19 PM IST
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.
Feb 13, 2017, 17:44 PM IST
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.
Jan 13, 2017, 16:25 PM IST
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.
Jan 12, 2017, 18:35 PM IST
