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India braces for lower growth forecast ahead of polls

India on Friday is likely to cut its estimate of 5 per cent growth forecast for the fiscal year that ends on March 31, thanks to a slower-than-expected recovery by industries. The revision will do......

Divestment, dividend to fetch govt Rs 55,000 crore

After struggling to rein in the fiscal deficit to the targeted level for most of the year, the government is likely to get a booster dose in the form of revenue worth about Rs 55,000 crore (Rs 550......

Consumer durables production at seven-year low

The Index of Industrial Production for November, issued this week, shows the production of consumer durables -- which covers a range from automobiles and its ancillaries to appliances, electronics......

Non-farm economic recovery elusive

Even as  policymakers are pinning hope on economic recovery in the second half  of the current financial year, the revival remains elusive  on two major fronts, industry and......

Inflation-indexation bonds: Not much for retail investors

With the first tranche of inflation-indexation bonds (IIB) going to be on Tuesday, retail investors would be expecting to finally earn positive real returns (above the rate of inflation) from their......
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Aditi Nayar, Senior Economist, ICRA Ltd

The deterioration in consumer non-durables in February 2014 was led by a sharp contraction in apparels, which is more likely to reflect a fall in... ...
Inflation rises, but RBI may not hike rates

Even though wholesale price index (WPI) for March climbed to a three-month high of 5.7% and consumer price index stood at two-month high of 8.31%... ...
Rise in retail, WPI inflation dashes rate cut hopes

Wholesale and retail prices continued to surge in March with no respite for consumers. Wholesale and retail inflation inched upwards in March... ...
Aditi Nayar

India's consumer price index (CPI) or retail inflation rose to 8.31% (combined) in March 2014 as compared to 8.10% in February 2014. The... ...

Aditi Nayar, an economist from ICRA was expecting a growth of 0.9 percent in February IIP, instead it contracted to a nine-month low at -1.9... ...

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