'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.
Food inflation declined to a three-month low of 10.15 per cent for the week ended November 13 as vegetable prices softened on fresh crop arrival, raising hopes that the Reserve Bank will not hike key rates for now.
Honda has finally plunged into the fast growing urban crossover segment in India with the newly minted BR-V seven-seater SUV.
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RBI is scheduled to unveil its credit policy on June 3.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
A blend of traditional as well as contemporary features, the All-New Thar exceeds expectations by far, says Rajesh Karkera/Rediff.com.
The RBI had lowered policy rates by 0.50 per cent between January-March to prop up economic growth.
India on Tuesday distanced from the ongoing Sino-US row over revaluation of Chinese currency yuan saying it is their bilateral issue.
According to the global financial services major, since the last RBI policy meet, data suggest accelerating growth and surprisingly mild inflation, both at the core and headline level.
Breaking his silence over the reported row in the Bharatiya Janata Party over a move to field Narendra Modi from Varanasi, Murli Manohar Joshi on Sunday said he would accept any decision the party takes like a "disciplined soldier" and hoped it would neither dent the PM candidate's prestige nor hurt party's electoral chances.
Indian retail investors continue to sell gold ETFs.
If there was ever a car to define the word 'crossover', the BR-V would be it.
Gold buyers in Asia were in no hurry, anticipating the market to weaken further, with premiums in India and Hong Kong picking up only modestly this week
Silver also gained for the third-day and jumped by Rs 500 to Rs 43,000 per kg on increased offtake by industrial units and coin makers.
Food inflation, which has declined 7 weeks in a row, was at 10.15 per cent for the week ended November 13.
PMI went up from 51.2 points in May to 53.1 in June. Owing to the June figure, PMI for manufacturing stood at 51.9 points in the first quarter of 2018-19 against 51.8 points in the fourth quarter of 2017-18.
The RBI has targeted consumer price inflation at 6 per cent by January and 4 per cent by March 2018.
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.
This is the second week in a row that food inflation has increased, after easing for three successive weeks.
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
Leaders Barcelona and Real Madrid were held to draws while Sevilla made up ground on the top two and Alaves slipped after a promising start. Here are five talking points from the weekend's La Liga action.
The fourth consecutive rate cut is expected to lower equated monthly instalments (EMIs) for home and auto buyers, and borrowing cost for corporate.
Maruti Suzuki India (MSI) on Wednesday launched an updated variant of its entry level hatchback Alto 800 priced between Rs 2.55 lakh and Rs 3.76 lakh (ex-showroom Delhi).
Food prices probably fueled a sharp rise in India's retail inflation in December after the record low struck the previous month.
The interlocutory application filed on Tuesday made it clear that $4.20 per mmBtu price approved by the government for RIL's KG-D6 gas was without prejudice to the state-run firm's case seeking the fuel from the Mukesh Ambani-run company at $2.34 per mmBtu price committed in 2004.
The SBI report ruled out a October rate hike
Inflation rose to (-)1.17 per cent for the week ended July 11 compared to (-)1.21 per cent in the previous week as food articles like pulses, cereals, fruits and vegetables turned expensive.
The 2015 Toyota Fortuner is just a minor update.
Gold prices on Thursday crossed the psychological Rs 18,000 per ten gram level in early trade in the national capital today on frantic buying by stockists and jewellery makers, in line with a firming global trend.Gold, which had set a new milestone at Rs 18,000 per ten gram in the previous session, opened higher by Rs 80 at Rs 18,080 per ten gram in the Delhi bullion market.
Foreign investors continued to pull out large sums from the emerging market equity funds last week, with the Asian equity funds witnessing an outflow for the sixth week in a row taking the total exodus to over $18 billion so far is year.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
El Nino, which refers to warmer-than-average sea surface temperatures in the central and eastern tropical Pacific Ocean, will likely to keep CPI inflation up at 8-10 per cent in the second half of 2014 and will pose a 50-70 basis point risk to this fiscal's growth expectation, the report by financial services major Bank of America Merrill Lynch said.
In June, the new government led by Narendra Modi extended the excise duty concession by six months to December 31, which is not being further extended.
The price of vegetables in general rose by 77.81 per cent making life difficult for the common man.
The RBI's bi-monthly policy review on June 3 will be the first after Prime Minister Narendra Modi assumed office on May 26.
The year 2009 began on a positive note with inflation sliding to a 10-month low of 6.38 per cent, raising hopes of Reserve Bank of India further reducing key policy rates to give another booster to industry, reeling under the slowdown.
Manchester United striker Dimitar Berbatov has said that he is ready to sweat it out at the Old Trafford to help United make history this season by becoming the first team to win four successive Premier League titles.
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.
