In an interview to CNBC-TV18, Sonal Varma, India Economist at Nomura Financial Advisory said she sees inflation heading to undershoot RBI target. Money Control, 1 week ago
Expect a 50bps rate cut in first half of 2015: Sonal Varma, Nomura Financial Advisory and Securities - Economic Times, 1 week ago
Indian economy on gradual recovery path: Sonal Varma - MyIris, 2 weeks ago
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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, 2 weeks ago Was there an actual fall in inflation? Rediff.com, 2 weeks ago
India's headline inflation fell sharply to 1.77% in October 2014 as compared to 2.38% in the previous month. It came below market expectations of 2%. August WPI inflation revised to 3.85% from 3.74% earlier. Commenting on the above, Sonal Varma, ...MyIris, 1 month ago WPI inflation to average around 4% in FY15: Sonal Varma MyIris, 1 month ago
We continue to expect a total of 50bp of cuts in 2015, with rates remaining on hold thereafter Sonal Varma, India Economist, Nomura Financial Advisory Services We are more sanguine on the inflation outlook relative to the RBI‟s target ...Capital Market, 2 weeks 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 weeks ago Weak oil to offset rising gold imports, CAD estimated at 1.4% of GDP Smart Investor, 16 hours ago Jewellery shares surge on easing of gold import norms Economic Times, 2 weeks ago No new curbs on gold imports for now Hindu Business Line, 2 weeks ago
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.MyIris, 2 weeks ago
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, 1 month ago Moderating input cost in non-tradable sector positive for CPI inflation: Sonal Varma 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, 1 month ago
Sonal Varma believes indicators like cement, auto demand are showing positive signs of growth.Money Control, 2 months ago See Jan '16 CPI inflation tgt being met in mid-2015: Nomura Money Control, 2 months ago
The Indian government led by the Prime Minister, Narendra Modi, has amended the existing foreign direct investment (FDI) policy for the construction development sector in line with the Budget announcement of the government. The amendments approved ...MyIris, 1 month ago
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