The rates of price rise in many services used by the common man, including hospital and nursing, cook, domestic help and bus (fare), among others, have also touched double digits during the last four years, putting a burden on disposable income.
The information technology (IT) sector in India made the most out of the falling exchange rate of rupee in the last five months of the calendar year 2011, according to a report by CARE Ratings. Other industries that were net gainers in foreign exchange include textiles, two wheelers and commercial vehicles.
Food inflation has entered negative territory but consumers have had no respite on cost of living.
With the stock coming under pressure, the MF holding value could have dropped to Rs 50 billion, back-of-the-envelope calculations show.
During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.
Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate
The core stir issues of remunerative prices and a basic income for farmers has taken a political turn with three major agrarian states of Madhya Pradesh, Rajasthan and Chhattisgarh going to the polls in the next few months
The latest official numbers on the price of agricultural produce gives an idea of what's fueling the farmers' protest in Delhi.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
'The effect will be seen two-three quarters down the line.'
The return of private investment now struggles with lack of funds and election-driven uncertainty.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
In the last five years of NDA rule, 2018-2019 was the worst for exporters.
After showing a consistent rise in the previous 4 quarters, gross NPAs of 40 listed bank declined to Rs 10.03 trillion at the end of June 2018, from Rs 10.25 trillion in the previous quarter.
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
For the first eight months of the current financial year, the figure stood at Rs 7.17 trillion.
Among the states due for election next year are AP, Haryana and Odisha, which have a fair share of agri credit. If these states individually announced debt relief, the combined waiver would be at least around Rs 600 bn to Rs 700 bn. Clearly, this will be a frightening challenge for Indian banks.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
At Delhi's markets, cardamom, pepper selling at double their recent rates
D R Dogra, managing director and CEO, Care Ratings, says that the finance minister should start the process of fiscal consolidation from his Budget 2010-11.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
To spur war among lenders to grab existing loans
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
With the small car segment driving growth, the country's domestic passenger vehicle market is likely to grow at a compounded annual growth rate (CAGR) of 13.9 per cent over the next five-years, a survey said.
The main reason was that CPI inflation would likely remain below 4 per cent till July.
Much depends on how the liquidity situation evolves over the coming months, with greater clarity expected from the next monetary policy meeting scheduled for December 7.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
Calling out the high real interest rates -- the differential between the policy rate and headline inflation -- as an impediment to investment, the SBI report said the RBI can cut rates by 0.35-0.50 per cent at its next policy announcement.
October infrastructure output, which contributes nearly 38 per cent to the industrial output index, was up 3.2 per cent annually.
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
For many farmers, though, a bumper harvest isn't good news, as they have been forced to sell their produce, particularly pulses, dirt cheap.
On the basis of Budget projections, the Centre needs Rs 7.3 trillion revenue during December-March and its expenditure must be limited to Rs 6.7 trillion.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
The incoming government will have to encourage private investments, bring down cost of capital
Promoters of companies who have pledged their shares to raise funds from banks will be asked to top up with more shares if the carnage in the market continues.
Acreage of these crops is likely to fall as prices drop below MSP in mandis; area under cotton, maize may increase on better realisation
The highest number of jobs were created in the age group of 18-21 at 1.29 million, followed by 22-25 years of age at 1.12 million during these seven months.
Chinese government was expected to start sales from its cotton reserves on March 6.
A weak rupee, though seemingly good for exporters, would push up input cost further for Indian companies.