April-June quarter IIP numbers have been much stronger than what we had anticipated. So, the GDP numbers may show a growth of about 5.9%. In a chat with ET Now, Sonal Varma, ED & India Economist, Nomura Financial Advisory and Securities, talks about Nomura's ... Economic Times, 2 days ago
Expect GDP growth of 5.9% in Q2 in 2014: Sonal Varma, Nomura - Economic Times, 2 days ago
Premature for RBI to signal a rate cut right now: Nomura - Money Control, 2 months ago
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India's industrial production, represented by IIP, growth slowed to 3.4% in June as compared to 5% growth in May. Analyst had expected IIP to come at 5.8% in June. May IIP revised to 5% from 4.7% earlier. While, India's consumer price index (CPI) ...MyIris, 2 weeks ago
Email this Print RBI's decision to stay the course on monetary policy was on expected lines. In our view, the key goal of the policy communication was to re-align market expectations, as the June policy guidance was (incorrectly) interpreted as ...Smart Investor, 3 weeks ago RBI to stay on prolonged pause: Sonal Varma MyIris, 1 month ago
Most fundamental drivers of inflation suggest that a gradual disinflation should continue Business Standard August 6, 2014 Last Updated at 00:08 IST RBI's decision to stay the course on monetary policy was on expected lines. In our view, the key goal of the ...Business Standard, 3 weeks ago
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, 2 months ago Fare hikes to improve profitability of Railways: Sonal Varma MyIris, 2 months ago Govt hikes railway fares by 14.2%; freight by 6.5% MyIris, 2 months 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, 1 month ago 'India edges out China in manufacturing in July' Deccan Herald, 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, 2 months 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, 2 months ago
Nomura Financial Advisory and Securities economist Sonal Varma said that one of the reasons for the country to be at an inflection point is that there is a greater confidence that the macro economic system is becoming muchBusiness Today India, 3 weeks ago India could easily hit 7% GDP growth rate with modest economic reforms: Moody's Economic Times, 8 hours ago India's growth engine looks to be revving up Moneycontrol.com, 16 hours ago 'India turnaround could see growth of 7.1% in 2016' Economic Times, 2 weeks 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, 2 months ago
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