IIP at 11-month high of 8.1%, CPI drops to 2.33%: Twin numbers signal good news for economy
Madan • 6 years agoWhile the inflation forecasts have been coming down which gives an indication that they expect price increases to moderate, there is skepticism on core CPI inflation.
Sensex recovers over 155 points, Nifty breaches 10,600-mark; all eyes on macroeconomic data
• 6 years agoSensex was quoting 155.14 points, or 0.44 percent higher at 35,313.69 points. The gauge had lost over 79 points on Friday.
Rupee breaks 3-day recovery trend; falls 36 paise to 73.93 against dollar in early trade on rising crude prices
• 6 years agoA spurt in dollar demand from importers amid sustained foreign fund outflows also weighed on the rupee.
Inflation hits 5 month high, IIP at 7-month low: Why the twin shocks present a tough dilemma to the MPC
Dinesh Unnikrishnan123 • 7 years agoIn an election year, when growth is on a slippery note, the RBI will face pressure to cut rates. But, if inflation continues to rise, rate hikes will be inevitable
Sensex soars over 400 points to hit record high of 36,679, Nifty crosses 11,000-mark; RIL shares surge 5%
• 7 years agoBanking stocks were the biggest sectoral gainers led by Bank of Baroda (BoB) rising up to 2 percent followed by State Bank of India (SBI), Yes Bank, ICICI Bank, Axis Bank, HDFC Bank and IndusInd Bank.
Right now, India has neither a chief statistician nor a chief economic advisor; should it worry us?
Dinesh Unnikrishnan123 • 7 years ago: One can argue that institutions, and not individuals, are important. But, the absence of a chief statistician and a CEA will worry economists, especially in an election year
Sensex, Nifty scale new peaks on positive IIP data, earnings; realty, banking and power stocks trade in green
• 7 years agoReflecting the bullish mood, all the sectoral indices at Sensex, led by realty, banking and power were trading in the positive zone
Rising inflation, falling growth: Narendra Modi’s real test begins when crude gains pace on upward journey
Dinesh Unnikrishnan123 • 7 years agoHigher crude prices may have its impact on global food and commodity prices as well, which may have cascading effect on the Indian economy as well.
Sensex dives 336 pts tracking global sell-off as US-North Korea standoff weighs
• 8 years agoSensex had tumbled 794.08 points in the previous four sessions hit by sliding global sharers due to stand-off between the US and North Korea
Sensex sheds 143 points after Friday's dismal IIP data worry investors
• 8 years agoBrokers said market sentiment took a hit after IIP data, which was released after trading hours on Friday, showed industrial output slipping to the negative territory again with a contraction of 1.9 percent in October, mainly due to sharp decline in production of capital goods and poor performance of the manufacturing sector