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Inflation

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Jaitley says it's time for RBI to cut interest rate as inflation moderating

May 22, 2015

Jaitley says it's time for RBI to cut interest rate as inflation moderating

Mix of slowing inflation and a weaker-than-expected growth is building the case for a softer policy. #Inflation #RBI #CRR #Banks #NewsTracker #Repo rate #FM #Jaitley
India economic growth to surpass China's in 2015-16: UN report

May 20, 2015

India economic growth to surpass China's in 2015-16: UN report

The region's GDP is projected to grow by 6.7 percent in 2015 and 6.9 percent in 2016, up from an estimated 6.3 percent in 2014--a significant revision of the previous forecast. #Economy #Inflation #India #China #GDP #NewsTracker #UN World Economic Situation and Prospects
Timely monsoon, rate cut hopes boost market; Sensex up 118 points

May 15, 2015

Timely monsoon, rate cut hopes boost market; Sensex up 118 points

The rise in the BSE barometer was supported by gains in state-run SBI that climbed 2.39 percent, followed by HDFC 1.80 percent and Axis Bank 0.80 percent. #Sensex #Inflation #ICICI Bank #SBI #HDFC #BSE #fiscal deficit #Arun Jaitley #Axis Bank #MarketClose
Interest rate lobby should prod Jaitley to refuel banks; an RBI cut is useless otherwise

May 15, 2015

Interest rate lobby should prod Jaitley to refuel banks; an RBI cut is useless otherwise

Banks are unlikely to go for one more round of rate cut in the near future given the stress on their interest margins #Economy #Inflation #RBI #Arun Jaitley #Raghuram Rajan #public sector banks #Rate cut
WPI inflation dips to record (-)2.65% in April, low fuel price guides fall

May 14, 2015

WPI inflation dips to record (-)2.65% in April, low fuel price guides fall

Inflation was (-)2.33 percent in March, (-)2.17 percent in February, (-)0.95 percent in January, (-)0.50 percent in December and (-) 0.17 percent in November. #Economy #Inflation #NewsTracker #WPI #Food price #Fuel price
Honda to recall 4.8 mn more cars globally over poor air bag inflators

May 14, 2015

Honda to recall 4.8 mn more cars globally over poor air bag inflators

The recall comes a day after Toyota Motor Corp. and Nissan Motor Co. said they were taking back some 6.5 million vehicles worldwide after investigations showed the Takata airbag inflators were not properly sealed and so could be damaged by moisture. #Business #CompanyWatch #Honda #Takata airbag inflators
IIP is not as bad as it seems; but revival depends on Jaitley, not Raghuram Rajan

May 13, 2015

IIP is not as bad as it seems; but revival depends on Jaitley, not Raghuram Rajan

The IIP number is not as bad as it looks and the CPI fall is actually better than it seems. India is turning around, and the key to double-digit growth lies with Arun Jaitley, who should quickly recapitalise banks and increase govt capital spending. #Economy #RBI #ConnectTheDots #IIP #Arun Jaitley #Raghuram Rajan #retail inflation