Fri, Jan 12, 2024
December CPI in America increased from 3.1% to 3.4%... Retail inflation increased more than expected in US... Why did the American markets not decline despite the bad data? No possibility of rate reduction in March? Know from Anil Singhvi...
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Sun, Jan 07, 2024
As per the estimates of Ind-Ra, which is a subsidiary of global rating agency Fitch Ratings, PFCE would grow 5.2 per cent year on year in current fiscal, as against 7.5 per cent in last fiscal.
Wed, Jan 03, 2024
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December.
Fri, Apr 14, 2017
Before that, on March 28, the Lavasa Panel had said they will finalise the report after receiving comments from ministries on treatment of 14 allowances and benefits.
Wed, Apr 12, 2017
In the last meeting, National Joint Council of Action (NJCA) representives were also part of it. NJCA is a joint body of unions representing central government employees.
Tue, Apr 11, 2017
Possibility of cut down in the prices of Petrol, Diesel and inflation. Watch this special segment and get to know more here.
Fri, Apr 07, 2017
The impact on inflation is expected to persist for 6-8 quarters, with the peak effect occurring at around 3-4 quarters following the implementation, RBI had said.
In March 2017, private sector weather forecaster Skymet said that the probability of India experiencing a ‘below normal’ monsoon are high. What this simply means is that the agriculture sector will produce less which will result in inching up food prices.
Thu, Apr 06, 2017
Adhil Shetty, CEO & Co-founder BankBazaar.com said, "As expected, the RBI has deviated its liquidity management strategy from being accommodating to being neutral. Inflationary trends are gathering pace. Hence, to get a control over it and to squeeze excess liquidity out of the banking system, RBI has increases the reverse repo rate."
The Reserve Bank of India (RBI) and Monetary Policy Committee (MPC) on Thursday kept the key policy rate unchanged at 6.25% in order to achieve its medium-term CPI inflation target of 4% and to support the economic growth.
Sun, Apr 02, 2017
"I think that RBI will hold on to the interest rate in the upcoming policy," Kotak Mahindra Bank Vice Chairman Uday Kotak.
Fri, Mar 31, 2017
On March 27, Skymet Weather predicted for India this year a below normal monsoon at 95% of the long period average (LPA) of 887 mm (89 cm) for the four-month period from June - September.
Thu, Mar 30, 2017
Bank of America Merrill Lynch (BofAML) in its recent research note has said that RBI is likely to keep key interest rates unchanged on April 6 with further 25 basis points rate cut expectations in its next monetary policy meet on August 2.
Wed, Mar 22, 2017
Nomura has projected India's gross domestic product (GDP) to slow to 6.7% in the January to March quarter of fiscal year 2016-17 (FY17).
Thu, Mar 16, 2017
Bank of Japan on Thursday kept monetary policy steady in the wake of the US Federal Reserve`s second interest rate hike in three months.
Wed, Mar 15, 2017
Analysts have predicted the US Federal Reserve chief Janet Yellen to hike interest rate in its monetary policy meet on Wednesday.
Led by adverse base effect and the narrowing of output gap, Kotak expects core inflation to remain sticky and inch up to an average of 5.1% in FY2018 from 4.7% in FY2017.
Tue, Mar 14, 2017
Consumer Price Index (CPI) inflation or retail inflation for the month of February stood at 3.65%, Ministry of Statistics and Programme Implementation (MOSPI) said on Tuesday.
On 30-share benchmark, among top gainers were ICICI Bank (5.99%), Hindustan Unilever (4.54%), Larsen & Toubro (4.40%), HDFC (3.69%) and Sun Pharma (3.61%).
Sat, Mar 11, 2017
The report also said the overall business climate should improve with the medium-term positive effects of demonetisation starting to gain traction.
Tue, Mar 07, 2017
Nearly 15 years ago a pack of Lay's would get you 50 grams potato chips in it. With rising prices and other factors, PepsiCo kept the price of the pack constant at Rs 10 but the quantity of potato chips in it fell. Today, a Rs 10 pack of Lay's has 35 grams of potato chips in it.
Fri, Mar 03, 2017
China's services sector expanded at the slowest pace in four months in February, with new business still growing at a solid rate but increasing competition making it harder for companies to raise prices, a private survey showed.
Wed, Feb 22, 2017
The Reserve Bank of India`s (RBI) six-member Monetary Policy Committee (MPC) on Wednesday cited concerns about inflation in holding rates in February, with three of them specifying the need to shift the policy stance to "neutral" from "accommodative".
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