Vidarbha had given as many as 44 seats to the BJP in 2014. The Congress and NCP, plus independents and smaller parties, snatched 19 seats from the BJP, reports Abhishek Waghmare.
Prices of food articles contracted by 3.47 per cent in June on a yearly basis. Vegetable inflation stood at (-)21.16 per cent.
Total debt for listed Indian companies excluding financials fell only 4 per cent to $368 billion in the year ended in March 2015.
Sensex has shed over 150 points in afternoon trade.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
In October, CPI inflation was 5 per cent.
RBI may hold rates in Apr; to go for 25 bps cut by June: DBS
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
In fuel and power segment, inflation saw a sharp surge to a near double digit inflation at 9.99 per cent, against 4.37 per cent in July.
From output surge to lack of cold storage, not much attention has been given to the potato farmers. The export market, too, is bleak, due to unsuitable domestic varieties and an underdeveloped food processing value chain.
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Chidambaram further said government has taken a number of fiscal and administrative measures from time to time to contain inflation especially food.
Away from limelight, Jeevika Didis are silently fighting the coronavirus in rural Bihar.
Onions had the highest inflation rate among all major commodities.
RBI has kept interest rate unchanged at 8 per cent since January
The RBI, which has been keeping rates at an elevated level citing high inflation, wants it to come down to 6 per cent by January 2016.
In February last year, it was (-)2.17 per cent.
CPI inflation is on the decline since July.
The survey showed firms' confidence regarding future business grew at the slowest pace in a year last month.
There are glaring anomalies with Indian data and that could lead to wrong policy prescriptions.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The party said its government has taken a number of initiatives since its formation including tough action against hoarders and limiting export prices of essential commodities like onion, rice and wheat.
Pulses cropping has jumped to 39.4 per cent above 2015 levels.
Vegetables and fruits have weights of 1.74 per cent and 2.11 per cent, respectively, in the wholesale price index.
Industrial output had slowed to 5-month low of 2.1% in March.
The rupee bounced back by 26 paise to end at 59.93 against the American currency on Friday as exporters and some banks sold dollars.
More rate cut by RBI unlikely this fiscal, say Ind-Ra
Concerns related to capital outflows in the aftermath of the first US interest rate hike in nearly a decade predominantly weighed on the rupee trade.
In its mid-quarter review of monetary policy, RBI on Wednesday kept all key interest rates unchanged notwithstanding persistent high inflationary pressure.
Global rating agency Moody's said India's economic growth remains weak and there is little chance of recovery next year.
'Electronic media splash sensational headlines of the bulb prices about to cross the three-figure mark and focus on customers looking longingly at baskets full of onions, bemoaning their misery without this essential staple of their diet,' notes Shreekant Sambrani.
Index of Industrial Production is expected to have grown by 1-2 per cent in April, D&B said in a research note, adding that the pace of improvement in consumption and investment demand is likely to take place as per the measures taken by the new government.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
Inflation in food articles inched up to 0.69 per cent in September.
Moody's assigns 'Baa3' rating on India, with a stable outlook.
The country's economic growth slipped to a decade-low of 4.5 per cent in 2012-13 and is estimated at 4.9 per cent in the current financial year.
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