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Moody's pegs India's growth rate at 7.5% in 2016, 2017

May 19, 2016

Moody's pegs India's growth rate at 7.5% in 2016, 2017

Moody's says expectations of a good monsoon will help headline inflation remain steady #Inflation #Monsoon #Industrial production #Moody's Investors Service #India Growth #private spending
Have banks' bad loans peaked out? Arun Jaitley thinks so

May 16, 2016

Have banks' bad loans peaked out? Arun Jaitley thinks so

Jaitley further said that transparency in the banking system has increased manifold due to banks making much higher provisioning for bad loans in the last two quarters #GDP #FDI #Monsoon #NPAs #bad loans #Finance Minister Arun Jaitley
Monsoon delayed by six days, likely to arrive in Kerala on 7 June

May 16, 2016

Monsoon delayed by six days, likely to arrive in Kerala on 7 June

In unpleasant news for the heat-troubled country, the Met department predicted a six-day delay in the onset of monsoon scheduled to strike Kerala on 1 June. #Kerala #NewsTracker #Monsoon #rainfall #Skymet #Southwest Monsoon #India Metereological Department (IMD)
Weak IIP, high inflation: If rains fail, 2016 will be another forgettable year

May 13, 2016

Weak IIP, high inflation: If rains fail, 2016 will be another forgettable year

Economists’ inference based on the April numbers is that a June rate cut by RBI is out of question #food inflation #IIP #Monsoon #IMD #retail inflation #CPI Inflation #Finance Minister Arun Jaitley
Will implement SC's directives on drought situation soon: Centre

May 12, 2016

Will implement SC's directives on drought situation soon: Centre

The Centre on Thursday said it will take immediate steps to implement the Supreme Court's judgement on the drought-like situation in the country. #NewsTracker #Supreme Court #Monsoon #Telangana #Maharashtra #Modi #NGO #Drought
Forget Mauritius tax treaty, a delayed monsoon could spell trouble for stock market

May 12, 2016

Forget Mauritius tax treaty, a delayed monsoon could spell trouble for stock market

Equity markets quickly bounced back in today's early trade with Sensex surging over 230 points thus indicating that investors have taken in their stride the Mauritius tax pact #Sensex #FIIs #FDI #Monsoon #Growth #equity markets #mauritius tax
Maharashtra to get 27 percent more rainfall than annual average this monsoon: IMD

May 12, 2016

Maharashtra to get 27 percent more rainfall than annual average this monsoon: IMD

In what could give some respite to Maharashtra battling drought, Meteorological Department has said the state is likely to receive 27 percent more rainfall. #India #NewsTracker #Monsoon #IMD #Maharashtra #Drought #Rains #Indian Meteorological Department #rainfall
Retail inflation probably nudged up to 5 percent in April: Reuters poll

May 10, 2016

Retail inflation probably nudged up to 5 percent in April: Reuters poll

Higher food and fuel prices probably nudged India's annual inflation up to 5.0 percent in April from 4.83 percent in March, according to a Reuters poll, making it harder for the Reserve Bank of India (RBI) to follow up last month's interest rate cut too swiftly. #food inflation #Monsoon #CPI #RBI Repo Rate #consumer price inflation #Reuters Poll #RBI governor Raghuram Rajan #Abhishek Upadhyay economist ICICI Sec #Rishi Shah #economist Deloitte
India to clock 7.4 per cent GDP growth this fiscal: StanChart

May 02, 2016

India to clock 7.4 per cent GDP growth this fiscal: StanChart

The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says. #Economy #GDP #Monsoon #Growth #Standard Chartered #rural demand #fiscal 2017