July Consumer Inflation Data Could Delay Rate Move By RBI, Say Experts

Mumbai: Annual consumer price inflation picked up to 2.36 per cent in July from 1.54 per cent in June, as a decline in food prices slowed sharply, government data showed on Monday.┬áThe rise was faster than the 1.87 per cent forecast by economists in a Reuters poll. Aditi Nayar, economist, ICRA “The rebound is in line with expectations. In terms More...

by Loknath Das | Published 19 hours ago
By Loknath Das On Thursday, August 17th, 2017
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Consumer Inflation Picks Up For First Time In 4 Months

New Delhi: Annual consumer price inflation picked up in July after easing for three straight months as a decline in food prices abated, but it remained well below the Reserve Bank of India’s central target. More...

By Loknath Das On Wednesday, August 16th, 2017
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Consumer Inflation Picks Up For First Time In 4 Months

New Delhi: Annual consumer price inflation picked up in July after easing for three straight months as a decline in food prices abated, but it remained well below the Reserve Bank of India’s central target. More...

By Loknath Das On Wednesday, August 16th, 2017
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Wholesale Inflation Rate Picks Up For First Time In 5 Months

New Delhi: Wholesale price inflation rate picked up in July after easing for four straight months, with food prices back on the rise. The wholesale price index rose 1.88 per cent in July from a year earlier, compared More...

By Loknath Das On Wednesday, August 16th, 2017
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Costlier Veggies Push Up Wholesale Inflation To 1.88% in July

Wholesale inflation quickened to 1.88 per cent in July, sharply higher than the 0.90 per cent increase in June, driven by food prices, particularly vegetable prices. The July wholesale inflation number was higher More...

By Loknath Das On Tuesday, August 15th, 2017
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Costlier Veggies Push Up Wholesale Inflation To 1.88% in July

  Wholesale inflation quickened to 1.88 per cent in July, sharply higher than the 0.90 per cent increase in June, driven by food prices, particularly vegetable prices. The July wholesale inflation number was More...

By Loknath Das On Tuesday, August 15th, 2017
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Saudi Budget Deficit Shrinks Due To Higher Oil Prices

Riyadh: Saudi Arabia’s state budget deficit shrank by a fifth in the second quarter from a year earlier as revenues rose moderately on the back of higher oil prices. The deficit dropped to 46.5 billion riyals More...

By Loknath Das On Monday, August 7th, 2017
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Economist Rajiv Kumar Named New Vice Chairman Of NITI Aayog

New Delhi: Economist Dr Rajiv Kumar was tonight named as the new Vice Chairman of NITI Aayog, five days after the incumbent Arvind Panagariya announced that he would quit to return to academics. The government More...

By Loknath Das On Thursday, August 3rd, 2017
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RBI Becomes First In Asia To Cut Rates This Year

Mumbai: The Reserve Bank of India cut its main policy rate on Wednesday by a quarter percentage point to a more than 6-1/2 year low, saying a slump in inflation opened room for monetary easing, while pinning further More...

By Loknath Das On Thursday, August 3rd, 2017
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India’s Job Confidence Outlook Highest in Asia Pacific Market

Mumbai: India’s job confidence outlook ranked the highest in Asia Pacific market, with 84 per cent of Indian professionals who participated in a survey indicating that they foresee a good future economic More...