India's central bank on Tuesday has retained interest rates in its first monetary policy for financial year 2015-16. The Reserve Bank of India (RBI) has kept repo and reverse repo unchanged at 7.50% and 6.50% respectively. Meanwhile, cash reserve ... MyIris, 1 month ago
Can the RBI afford to lower rates further? Experts discuss - Money Control, 1 month ago
India central bank keeps interest rates on hold - CHINAdaily USA, 1 month ago
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Sonal Varma, India Economist, Nomura Financial Advisory Services In our view, much of the moderation in WPI inflation is behind us. Our decomposition of the WPI basket into input costs and output price suggests that the steep fall in input ...Capital Market, 1 month ago WPI inflation to rise gradually in coming quarters: Nomura MyIris, 1 week ago Nomura expects CPI inflation to remain around 5% for 3-4 months MyIris, 1 week ago GDP growth to pick up gradually through 2015-16: Nomura MyIris, 1 week ago
After falling sharply in 2014, nominal rural wages rose by 6.8% y-o-y in January from 5.5% in December and a low of 4.2% in November. On a seasonally adjusted annualized (saar) basis, rural wage inflation rose to 9.1% in January from an average of ...MyIris, 1 month ago CAD to widen marginally about 1.5% of GDP in FY16: Sonal Varma Myiris, 2 months ago
Moody's Investors Service has affirmed the Government of India's Baa3 issuer and senior unsecured ratings and changed the rating outlook to positive from stable. Moody's has also affirmed India's P-3 short-term local currency issuer rating. Sonal ...MyIris, 1 month ago Upgrade in sovereign outlook by Moody's encouraging; positive surprise for markets: Nomura MyIris, 1 month ago
WPI inflation contracted 2.06% y-o-y in February, the fourth-consecutive month of a negative print, below expectations. While input costs have fallen sharply in the last six months, output prices have barely moved, suggesting an ongoing expansion in ...Myiris, 2 months ago
"As per the new GDP numbers, the actual value addition in the economy was already growing — or is expected to grow at 7.5% — this year."Economic Times, 2 months ago
Unseasonable rains have damaged the standing winter crop, so the output of grains, select vegetables and fruit items is likely to decline. While on-the-ground prices were contained in March, the past four episodes of unseasonable rains suggest there ...MyIris, 1 month ago Fresh farm worry as El Nino sets in, cloud over monsoon Hindustan Times, 1 month ago After unseasonal rainfall, El Nino could spell a bad monsoon for farmers Hindustan Times, 1 month ago Impact of unseasonal rains on inflation Livemint.com, 1 month ago
More from: MyIris, Livemint.com...and 14 other sources
The RBI and the government have entered an agreement on the new framework of monetary policy. Under this agreement on flexible inflation targeting (FIT), the objective of monetary policy is primarily to maintain price stability, while keeping in mind the ...Myiris, 2 months ago
Sonal Varma of Nomura sees business cycle recovery starting to come back. She says relative to manufacturing, it is the services side of the economy that is doing much better.Money Control, 2 months ago
The proposed gold monetisation scheme will not be a free pass for those holding untaxed income in the form of the yellow metal to bring their assets out in open and earn income on them as the government proposes to put in place many safeguards to prevent the ...The Financial Chronicle, 3 days ago Gold monetisation scheme can reduce import bill by 20% The Financial Chronicle, 4 days ago Gold Monetisation Scheme seems attractive for households, temple trusts: Nomura MyIris, 5 days ago
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