After remaining unchanged for a week, inflation rose by 0.28 per cent to 7.38 per cent for the week ended October 23, mainly due to costlier vegetables, fuels and certain manufactured products.
ONGC is raising debt for a spate of acquisitions over the past year
India has said it is committed to implementing the highest safety standards at its nuclear power plants as it seeks to harness the benefits of atomic energy to meet its growing energy requirements.
106 people died on a single day on Thursday.
The country saw two straight years of deficient monsoons.
At 70, going by hospital records made public, most age and health-related arguments put out against super-star Rajinikanth's entry into politics, before he withdrew citing a 2016 kidney-transplant, hold good for Sasikala, too, says N Sathiya Moorthy.
RBI has cut the rates thrice so far in 2015 by 25 bps each.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
The Honda Navi is quirky in its nature and has a love-it-or-hate-it aura about it, but one thing is for sure that you can't ignore it, says Naveen Soni
'Election years tend to see high government expenditure on unproductive schemes, though that money sloshing around can boost private consumption.' 'Again, it can mean higher inflation,' explains Devangshu Datta.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
Beating the expectations of the Reserve Bank of India and the government, inflation rose by 0.11 per cent to 5.91 per cent for the week ended February 7
Food inflation was 7.79 per cent last month, higher than a revised 7.47 per cent in May
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
Credit growth in the industrial sector has slowed down due to sluggish economic growth.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
Continuing its fall for the third consecutive week, inflation dipped to 6.73 per cent for the week ended December 11, mainly due to cheaper vegetables and fuels, after remaining over 7 per cent since July.
Reserve Bank of India governor Bimal Jalan said on Tuesday that the central bank was comfortable with the current level of inflation and was not worried about a recent rise in the rate.
In October, CPI inflation was 5 per cent.
The Honda Navi ushers in an entirely new class of two-wheeler in the country. But will its radically different positioning prove to be its undoing too, or will it stand up tall against the wildly popular Honda Activa 3G, the scooter it shares its heart with?
Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries.
State-owned banks have amassed bad loans faster than private sector lenders.
'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
Twelve of the 21 economists polled doubted whether the government could roll out the tax before the next fiscal year begins in April.
The opposition made it clear during the meeting that it will press for a joint parliamentary committee to probe the Rafale jet deal and raise several issues, including the "misuse" of probe agencies and the autonomy for Reserve Bank of India.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
If you think the film is gutsy, you are simply being blind to the truth that the whole men-are-worthless slant is saleable right now, argues Sreehari Nair.
Inflation rose for the seventh consecutive week by 0.12 per cent to reach 31-week high of 5.75 per cent for the week ended December 27, mainly due to an all round hike in the prices of primary articles, fuels and manufactured items.
The rupee had surged 37 paise to end at a nine-month high of 59.68 against the dollar on Tuesday. Forex market remained closed on Wednesday for 'Buddha Purnima'.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
'The BJP will be wiped out in rural Gujarat.' 'In urban areas, its tally may come down from 55 of the 60 urban seats it won in 2012 to 35 to 40 seats this time.'
As coal stocks at thermal plants fall to critical levels, economic recovery could be hi.
In February last year, it was (-)2.17 per cent.
The prime minister's visit to Washington should focus more on shopping for energy security and stopping the US from snooping on us, reigning in its popular and innocuously operated instruments to gather intelligence like Google, says Tarun Vijay.
In all, RBI has cut interest rates by 110 bps this year. But this has not yet led to a boost in economic activity. While the growth rate has slowed to a five-year low, consumer confidence is waning and foreign direct investment has plateaued.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Any liquid money that gold replaces for CRR or SLR compliance will allow banks to use this 'extra' cash for lending to borrowers
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.
