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Inflation likely to edge higher in May, uneven monsoon, petrol prices blamed
Fri, May 18, 2018
It said that CPI inflation is set to be in the range of 4.6-4.7 per cent and WPI inflation around 3.6-3.8 per cent in May. Arun Singh, Lead Economist D&B India said, "The assumption of a normal monsoon has been one of the primary factors considered for improvement in demand in the current year. However, spatial distribution of rainfall needs to be monitored carefully before setting in firm expectations as uneven distribution of rainfall could flare up food inflation".
April inflation seen climbing on higher oil prices; data to be announced later today
Fri, May 11, 2018
Minutes from RBI’s Monetary Policy Committee April 4-5 meeting showed members flagged multiple concerns, including an increase in minimum support prices for farmers and crude oil prices.
Inflation fears overdone; RBI rate cut likely in August: Report
Wed, Mar 28, 2018
According to Bank of America Merrill Lynch (BofAML), inflation risks are overdone and March inflation is likely at 4.2 per cent , down from December's 5.2 per cent and well within RBI's 2-6 per cent mandate. The CPI inflation fell to a 4 month low of 4.44 per cent in February. RBI takes into account retail inflation while formulating monetary policy
Venezuela to eliminate three zeros from currency; current exchange rate 43,980 bolivars for $1
Fri, Mar 23, 2018
Venezuelan President Nicolas Maduro has decided to eliminate three zeros off the country`s inflation-ridden currency, the bolivar, taking effect from June 4, as an economic measure to "guarantee commercial activities". "I have decided to reduce three zeros of the currency and take out of circulat
Asian markets rally on US jobs report, inflation relief
Mon, Mar 12, 2018
A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites globally.
Macros, global cues and more: Key factors that will determine market trend next week
Sun, Mar 11, 2018
Market cues next week: Provisional figures from the stock exchanges showed that foreign institutional investors (FIIs) sold-off scrips worth Rs 280.74 crore, while DIIs purchased scrips worth Rs 131.07 crore during last week.
Sensex slips 100 points, Nifty tests 10,350 ahead of F&O expiry
Thu, Feb 22, 2018
The benchmark indices opened lower on Thursday ahead of the expiry of the February series later in the day. The minutes from the Reserve Bank of India’s (RBI) monetary policy committee (MPC) and US Federal Reserve also impacted the sentiment.
Gold outlook: Glittering returns possible on medium-term investment
Tue, Feb 20, 2018
Short-term movement in gold will be driven by the USD, US treasuries and March Fed meeting.
Asian markets recover from 2-month lows as Wall Street bounces
Tue, Feb 13, 2018
Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street's extended rebound from last week's steep fall, but investors remained cautious ahead of US inflation data later in the week.
Investors brace for more swings as US inflation specter rises
Sun, Feb 11, 2018
US consumer prices rose 2.1 percent year-on-year in December and is forecast to stay around that pace this month
Govt welcomes MPC’s decision of keeping policy rate unchanged: DEA secretary
Fri, Feb 09, 2018
Garg said that MPC expects growth to accelerate in 2018-19 while inflation to converge back towards its target level in the second half of next fiscal year
Indices shed early gains as RBI reviews rates
Wed, Feb 07, 2018
The Sensex, which opened at 34,563.30 points, ended the day 113 points lower at 34,082.71 points
Sensex flat post RBI policy outcome; rate sensitives trade mixed
Wed, Feb 07, 2018
The domestic market continued trading flat with the negative bias after the Reserve Bank of India (RBI) maintained status quo in its monetary policy review, keeping the repo rate at 6 per cent.
What happens if RBI maintains status quo on repo rates
Wed, Feb 07, 2018
If you’re wondering how the Reserve Bank’s decision impacts you personally we have got the solution. Read on to find out.
Sigh of relief! Nifty snaps six-session losing streak, reclaims 10,600
Wed, Feb 07, 2018
The benchmark indices recovered on Wednesday, snapping six-session losing streak, after Asian markets rallied as a semblance of calm returned to Wall Street where major indices bounced into the black after days of deep losses.
SGX Nifty suggests negative opening to market; Asian markets falls most in a year
Mon, Feb 05, 2018
After a steep sell-off on Friday, the domestic market are expected to extend losses, tracking Asian markets, which fell the most in over a year on Monday as fears of resurgent inflation battered bonds, toppled Wall Street from record highs and sparked speculation that central banks globally might
Union budget spurs inflation worries ahead of RBI policy
Fri, Feb 02, 2018
India`s annual budget could push up inflation and prompt the central bank to raise interest rates sooner, analysts said on Thursday, raising the probability of a scenario that could hurt the nascent economic recovery.
BOJ hoses down market speculation of early stimulus exit
Wed, Jan 31, 2018
BOJ Deputy Governor Kikuo Iwata said on Wednesday the central bank must maintain its "powerful" monetary easing with inflation still distant from its 2 percent target.
Inflation during 2017-18 averaged to lowest in 6 years: Govt
Mon, Jan 29, 2018
The survey observes that the economy has witnessed a gradual transition from a period of high and variable inflation to more stable prices in the last four years
2018 global growth to roll to highs not seen in eight years: Reuters poll
Wed, Jan 24, 2018
The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of over 500 economists showed.