India's headline inflation stood at 0.11% in December 2014 as compared to zero percent in the previous month. It came below market expectations of 0.3%. October WPI revised to 1.66% from 1.77%. Commenting on the same, Sonal Varma , economist at ... MyIris, 2 weeks ago
Industrial production to gradually climb in 2015: Sonal Varma - MyIris, 2 weeks ago
Govt policy to support gradual pickup in growth cycle in 2015: Sonal Varma - MyIris, 4 weeks ago
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The Reserve Bank of India today cut the repo rate by 25 bps amid signs of slowing inflation and citing government's commitment to contain the fiscal deficit. Sonal Varma, India economist, Nomura Financial Advisory & Services tells Tulemino Antao that further ...Business Standard, 2 weeks ago Govt may meet fisc deficit aim; 1st rate cut in Apr: Nomura Money Control, 3 weeks ago Hopes of rate cut rise with Dec inflation near zero Hindu Business Line, 2 weeks ago
The Reserve Bank of India on Thursday surprised the market by slashing repo rate by 25 basis points to 7.75% from 8%, with immediate effect, ahead of its policy review on February 3. Commenting on the same, Sonal Varma, economist at Nomura Financial Advisory ...Myiris, 2 weeks ago Analysts view on RBI's surprise rate cut MyIris, 2 weeks ago
The sharp fall in inflation in recent months had largely convinced everyone on the direction of monetary policy. The question was when and how much. In our view, inflation is set to undershoot the Reserve Bank of India (RBI)'s January 2016 target ...Sify, 1 month ago Was there an actual fall in inflation? Rediff.com, 1 month ago
New investment needs to further accelerate for sustainable growth: Sonal Varma Source: IRIS | 05 Jan, 2015, 06.15PM New investment projects announced rose to 12.3% of GDP in Q4 2014 from 8.8% in Q3. On a 4-quarter rolling sum basis, investment rose to 7.1% of ...Myiris, 3 weeks ago
According to reports in The Economic Times, the government today approved an ordinance to amend the land acquisition law. Today's measure follows the ordinances on coal mining and insurance passed last week. While the details are not yet known, ...MyIris, 1 month ago Land acquisition ordinance underlines govt's commitment to reforms: Sonal Varma Myiris, 1 month ago
The government is likely to remove the 80:20 restrictions on gold imports in order to remove the distortion in gold imports. Commenting on the above, Sonal Varma, economist at Nomura Financial Advisory and Securities said, ''The removal of the ...MyIris, 2 months ago Weak oil to offset rising gold imports, CAD estimated at 1.4% of GDP Smart Investor, 1 month ago Jewellery shares surge on easing of gold import norms Economic Times, 2 months ago No new curbs on gold imports for now Hindu Business Line, 2 months ago
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India's export growth moderated to -5% y-o-y in October from 2.7% in September, lower than expected. We estimate that on a seasonally adjusted basis, exports contracted by 3.8% in October after expanding by 2.9% in September, reflecting sluggish ...MyIris, 2 months ago
Sonal Varma, economist at Nomura India, thinks everyone is overplaying the role of commodity price fall on CPI considering it is largely a non-tradable basket because it has food and services in it. Hence the impact is rather low.Money Control, 2 months ago
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