India's consumer price index (CPI) or retail inflation came down to 7.31% (combined) in June 2014 as compared to 8.28% in May 2014. The corresponding inflation rates for rural and urban areas are 7.72% and 6.82%. Sonal Varma, economist at Nomura ... MyIris, 1 week ago
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Indian government has raised railway freight fares by 6.5% and passenger fares by 14.2%, effective from today. Railway fares were automatically linked to fuel costs (diesel and electricity) in FY14 by the previous government. 'The fare hikes will ...MyIris, 1 month ago Fare hikes to improve profitability of Railways: Sonal Varma MyIris, 1 month ago Govt hikes railway fares by 14.2%; freight by 6.5% MyIris, 1 month ago
India's manufacturing PMI rose to 51.5 in June from 51.4 in May, led by higher output and a pickup in export orders. The output index rose to 52.4 in June from 51.7 in May, the fastest pace since February, and firms indicated that they had signed ...MyIris, 3 weeks ago
The prices of key vegetables like potatoes, onions, tomatoes rose by an average of 4.5% m-o-m in June (and 12% month-to-date) across different zones. ''Fears of a bad monsoon have led to concerns of rising vegetable prices. However, we have not ...MyIris, 3 weeks ago
According to media reports, the Cabinet Committee on Economic Affairs (CCEA) is likely to meet today and decide the final amount by which minimum support prices (MSP) will be increased for the key summer crops. MSPs are the government set support prices ...Myiris, 4 weeks ago
Nomura's Sonal Varma sees this guidance slightly on the dovish side as they have adjusted for the base effect if there is more to disinflation then there will be room for cut.Money Control, 1 month ago Expect a bias towards rupee appreciation: Sonal Varma, Nomura Economic Times, 1 month ago
In address to both the houses of the Parliament, the President of India Pranab Mukherjee has laid the roadmap of the new government headed by the Prime Minister Narendra Modi. The President said the government will work on to restore economic ...MyIris, 1 month ago India's Booming - A Compelling Case To Include India In Your Portfolio Seeking Alpha, 1 month ago Economists raise India's GDP outlook IOL, 2 months ago Modi Brightens India Outlook as Morgan Stanley Raises Forecast BusinessWeek, 2 months ago
Sonal Varma of Nomura expects the resultant gold import bill to rise to around USD 38 billion, which was closer to USD 28 billion last fiscal year. Nomura also expects rupee to appreciate to around 57/USD by 2014 end and around 55.5/ USD by 2015 end.Money Control, 2 months ago
Minimum support prices (MSPs) of agricultural commodities (summer crop) has been raised by a weighted average of 2.1% y-o-y, from 5.6% in FY14 and 24% in FY13. This is in line with the Commission for Agricultural Costs and Prices (CACP)'s recommendations. "In ...Myiris, 4 weeks ago
Narendra Modi and his team of ministers took oath in a ceremony attended by heads of the SAARC (South Asian Association for Regional Cooperation) nations. Modi has cut the size of the council of ministers to 45 (23 cabinet ranked ministers, 10 independent ...Myiris, 1 month ago Expert views on PM Modi and cabinet team MyIris, 1 month ago Experts view on PM Modi and cabinet team Myiris, 1 month ago
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