Rupee to remain under pressure due to high CAD: Sajjid Chinoy,...

After March's wholesale price index (WPI) inflation stood at 5.96%, a lot lower than the estimated 6.4%, Sajjid Chinoy, economist, JP Morgan believes inflation will only decrease hereon.

Sajjid Chinoy, economist, JPMorgan in an interview to CNBC-TV18 says one must not over-read or over-interpret the industrial output numbers.

The India growth story should not be written off, but as of now, even for the optimists, it looks like it will take a while to see the light of day. Atsi Sheth of Moody's, Sajjid Chinoy of JPMorgan and Ficci president and country head of HSBC Naina Lal Kidwai ...

The Reserve Bank of India (RBI) has hinted at a rate cut when it unveils the annual monetary policy review on Friday, but has said it is the government's job to revive economic growth. RBI said on Thursday that monetary easing was contingent upon ...

Here's a piece of information that will leave you scratching your head. Foreign institutional investors have pumped in a record Rs 1.4 lakh crore into Indian equities in FY13 — the highest-ever net inflow in a fiscal year since their entry in ...

April 29 (Bloomberg) -- The Reserve Bank of India faces pressure to cut lenders reserve requirements as banks struggle to woo deposits and resist passing on interest-rate reductions. Governor Duvvuri Subbarao will lower the repurchase rate for a ...

Fall in gold and crude prices may have addressed the current account deficit (CAD) issue to some extent, but given the fact that CPI inflation is still above Reserve Bank of India's (RBI) comfort zone, a 50 bps rate cut on May 3 is unlikely, feels Sajjid ...

India's finance minister P Chidambaram can be forgiven for feeling cheerful. After all, prices for oil and gold, the two biggest constituents of his country's import bill, have tumbled sharply this week. If sustained, these developments might ...

MUMBAI: The Indian rupee may depreciate 10% versus the US dollar by December as weakness in other Asian currencies converges with India's fragile external economy and a snail-paced recovery in industrial activity to pummel the currency. At least ...