The Wholesale Price Index-based inflation was (-)4.54% in Sep.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
Images from the UEFA Champions League matches played on Wednesday.
The report noted that export volumes are likely to remain sluggish.
Sentiments remained bullish as gold rose to a two-week high in overseas markets, gaining with other commodities as the dollar weakened, after the US Congress passed the 'fiscal cliff' deal, easing concern that a recovery in the world's biggest economy may be derailed.
Domestic traffic fell 7.8 per cent in November.
The domestic luxury car segment is a key beneficiary of GST within the automobile space as prices are set to come down by up to ten per cent in most cases. Roland Folger, MD & CEO, Mercedes Benz India, speaks to Shubham Parashar on the significance of these changes on the industry and other issues.
The NuvoSport does a fairly good job of being a seven-seater commuter.
Inflation turned negative for the first time in the week ending June 6. Inflation in the corresponding week last year was 12.38 per cent.
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
The growth, however, may not indicate a major revival of economic activity.
Chelsea manager Maurizio Sarri said having Eden Hazard in such unstoppable form makes winning "easy" but appears almost resigned to losing him.
To buy 200,000 tonnes by December but long-term deal prospects stuck on quality concerns; govt to consult labs
The central bank lowered the Statutory Liquidity Ratio -- amount of deposits banks park in government bonds -- by 1 per cent to 23 per cent.
According to D&B, food price levels might witness a rebound as foodgrain production is estimated to have declined during 2014-15.
The all-new Land Rover is not just a capable car on different terrains, but also makes for an exceptionally comfortable ride experience, says P Tharyan
This is the second week in a row when inflation remained in negative territory. The wholesale price index stood at 11.80 per cent during the corresponding week a year ago.
Devangshu Datta believes you should pick stocks trading at much lower valuations than the market average.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
The metal has gained Rs 860 in last six trading sessions.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
Analysts see a silver lining in banking.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
However, some analysts say RBI Governor Raghuram Rajan may delay the rate cuts amid mounting concerns over the government's fiscal health.
Reliance, Bharti's response to Ahmedabad's space crunch.
Priced at Rs 80.40 lakh, the GLS is definitely better-looking, better-equipped, and a more likeable version of an already successful full-sized luxury SUV
Retail inflation measured by the consumer price index has risen sharply across food and non-food constituents, including services, keeping inflation expectations high, the Reserve Bank of India said in its Second Quarter Review of Monetary Policy 2013-14.
General Motors India on Monday launched a new variant of Chevrolet Tavera priced at Rs 599,000.
The rich haven't gotten richer--or poorer--this year.
A blend of traditional as well as contemporary features, the All-New Thar exceeds expectations by far, says Rajesh Karkera/Rediff.com.
Bankers said high interest rate could make Indian economy sluggish given that inflation is around 5%
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
He now claims that his submission before the SC was that petitioners in the application used "photocopies of the original" papers, deemed secret by the government.
The good news on inflation continues as the wholesale price index fell for the tenth week in a row to an almost 11-month low of 5.24 per cent for the week ended January 3, prompting the Finance Ministry to project that it would go down to 3-4 per cent by March 31.
'What the price will reveal, since the India specific capabilities haven't changed since 2013, is how much the Modi government padded up the cost,' points out Mohan Guruswamy.
Inflation rose to over nine-month high at 5.11 per cent for the week ended March 1, due to rise in prices of some manufactured items and aviation turbine fuel, dashing all hopes of interest rate cuts by the RBI to boost the sagging industrial production.The Wholesale Price Index-based Inflation rate stood at 5.02 per cent in the previous week and 6.51 per cent in the correspondingly week a year earlier.
Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua
Inflation in food articles inched up to 0.69 per cent in September.
The wholesale price-based inflation stood at 5.34 per cent in the correpsponding week a year ago. This is a third week in a row that inflation has remained below the four per cent mark.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances