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Inflation

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Rahul Gandhi picks right ammo to hit Modi govt, but he shouldn't forget the past

Jul 28, 2016

Rahul Gandhi picks right ammo to hit Modi govt, but he shouldn't forget the past

The NDA government has, however, managed to check the sharp rise in the from the peak of 58 percent in on-year jump logged in November 2015 to 26.6 percent in the latest reading. #Politics #Inflation #Economy #UPA #P. Chidambaram #Congress #Narendra Modi #ConnectTheDots #Agriculture #Rahul Gandhi #Loan Waiver #urad dal #ahar dal
Looking to import pulses from Myanmar, Africa to meet shortage: Ram Vilas Paswan

Jul 28, 2016

Looking to import pulses from Myanmar, Africa to meet shortage: Ram Vilas Paswan

Ram Vilas Paswan also said state governments need to take measures to limit stock holdings and clamp down on hoarding to check the rise in pulses prices #Inflation #Myanmar #Africa #Ram Vilas Paswan #Pulses
Why some economists think GST is over-hyped: It won't help you or me

Jul 28, 2016

Why some economists think GST is over-hyped: It won't help you or me

A common tax rate will imply that all basic and essential goods prices will rise, and even if some final goods prices fall, the rate of inflation will go up, they say #Inflation #Economic growth #Economic Reform #Parliament session #Tax reform #GST Bill #Constitutional amendment bill
Govt must go beyond 'motivated criticism', protect RBI autonomy: Raghuram Rajan

Jul 27, 2016

Govt must go beyond 'motivated criticism', protect RBI autonomy: Raghuram Rajan

Raghuram Rajan said the disinflation process started in late 2013, long before oil prices collapsed #Inflation #Interest rate #Raghuram Rajan #crude oil price #RBI autonomy
Govt must protect central bank's independence: Rajan

Jul 26, 2016

Govt must protect central bank's independence: Rajan

Taking on his detractors, Governor Raghuram Rajan today said the criticism that RBI killed growth with high rates was at odds with "received wisdom" of India being fastest-growing and urged the government to look beyond 'motivated criticism' to protect the central bank's autonomy. #Inflation #Economy #oil prices #NewsTracker #Growth #RBI governor Raghuram Rajan
Should RBI target inflation? Lars Hansen's comments prove Raghuram Rajan right

Jul 26, 2016

Should RBI target inflation? Lars Hansen's comments prove Raghuram Rajan right

Inflation continues to be the primary concern. But the worrying part is that the RBI has only limited tools to check a supply-side driven inflation. The job is mainly that of government. #Inflation #NewsTracker #Joseph Stiglitz #PM Narendra Modi #RBI governor Raghuram Rajan #Lars Hansen
BoA-ML expects 25 bps cut in interest rate in August policy meet

Jul 25, 2016

BoA-ML expects 25 bps cut in interest rate in August policy meet

According to the global financial services major, normal rains are pushing up sowing and river waters would douse agricultural inflation (agflation) going forward #Inflation #RBI #Bank of America Merrill Lynch #Monsoon #Pulses #CPI Inflation #BoA-ML
Inflation-wary Centre asks states to remove taxes on essential food items

Jul 25, 2016

Inflation-wary Centre asks states to remove taxes on essential food items

States have been asked to create a robust Information Management System of prices, production, availability, unscrupulous trading, hoarding and black marketing #Inflation #food inflation #Essential commodities #black marketing #pulses prices #vegetables prices #edible oil prices
India's economic growth to remain upbeat, only one rate cut likely, says poll

Jul 21, 2016

India's economic growth to remain upbeat, only one rate cut likely, says poll

The poll of over 30 economists, taken in the past week, showed Asia's third largest economy will expand 7.8 percent in the fiscal year ending March 2017, the fastest among big economies #Inflation #Economy #RBI #IMF #Economic growth #Raghuram Rajan #Goods and Services Tax #Reforms #Rate cut
Morgan Stanley, BofA-ML expect RBI to cut interest rates by 25-50 bps by FY17

Jul 21, 2016

Morgan Stanley, BofA-ML expect RBI to cut interest rates by 25-50 bps by FY17

Both investment banking firms have cited prospects of good monsoon and slowing inflation numbers for their optimism towards the likely rate cuts #Inflation #RBI #Reserve Bank of India #Morgan Stanley #Bank of America Merrill Lynch #Raghuram Rajan #Monsoon #Growth