'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'
RBI Governor has been under pressure from Finance Ministry.
The RBI has targeted 6 percent inflation by January 2016
Shopkeepers are losing buyers in droves to e-tailers for everything from fashion to smartphones, and are struggling to find solutions.
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A section of the market believes RBI should hold rates as negative real rates will hurt savings and investment.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
India's manufacturing sector activity contracted for the third straight month in October amid falling levels of production and new orders, as the business climate within the country remained tough, an HSBC survey said on Friday.
The RBI kept interest rates unchanged at 8 per cent as widely expected.
Bengal Finance Minister Amit Mitra expressed confidence in GST.
Inflation rate in fuel and power segment was (-)16.50 per cent.
Analysts expect inflation to peak in the first half of 2016-17 and moderate, thereafter, on the back of positive impact of monsoons
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The plan being negotiated by US Senate leaders would end a partial government shutdown and raise the debt ceiling by enough to cover the nation's borrowing needs at least through mid-February 2014, a source familiar with the negotiations told Reuters.
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The rupee is set to breach the Rs 60-a-dollar mark again this week as the Street expects foreign institutional investors to continue pulling out of domestic markets. According to the street, this would result in government bond yields rising.
The Nikkei India Manufacturing PMI dipped from 50.3 in November to 49.1 in December.
Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for a rate cut.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21
Are we running a cricket match using football rules, asks Ajit Balakrishnan.
The RBI gauges both measures of inflation when deciding on monetary policy,
The new IIP series based on the new base year, is expected to lead to better capturing of ground data
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.
India is due to post industrial output later in the day, with analysts expecting a return to modest growth, and is due to post wholesale and consumer prices data next week amid expectations vegetable prices have eased.
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
It is the six per cent target RBI is more concerned about.
Economic recovery in US, euro zone help; new orders sub-index at 52.4
Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.
RBI, in its first bi-monthly monetary policy statement, left the short-term lending rate, or repo rate, unchanged at 8 per cent and the cash reserve ratio static at 4 per cent.
RBI watchers are going to be on tenterhooks for the next 3 weeks.
The HSBC/Markit purchasing managers index for the services industry inched up to 47.1 in October from 44.6 in September, the fourth successive monthly contraction of service sector output across India.
Inflation indexed bonds assure a positive return over inflation.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
Foreign fund flows into and out of the domestic sharemarket will continue to be key for the rupee's fortunes.
According to a new report published by Switzerland-based BIS, which is also referred as 'bank for central banks', the US Federal Reserve's announcement of a possible phasing out of easy money regime has resulted in 'abrupt and sizeable' equity market losses in both advanced and emerging markets.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
Inflation based on the Wholesale Price Index cooled to a 5-year low of 1.77 per cent in October driven by softening prices of fuel and food items.
Industrial output had slowed to 5-month low of 2.1% in March.
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
