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Consumer Price Index-based inflation News
Consumer Price Index-based inflation
Reserve Bank of India may consider a rate cut in first half of 2017: DBS
Tue, Jan 17, 2017
The Reserve Bank of India (RBI) is expected to go for a rate cut in the first half of this year, largely owing to 'below estimate' inflation, says a DBS report. Rising prices of petrol and diesel fuelled Wholesale Price Index (WPI) inflation to 3.39% in December 2016.
Limited room to reduce fiscal deficit to 3% in FY18: Moody's
Mon, Jan 16, 2017
The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.
HSBC pegs India's GDP growth at 6.3% in 2016-17 on note ban pains
Mon, Jan 09, 2017
Foreign brokerage HSBC on Monday projected sharply lower growth numbers for the year at 6.3%, way lower than the official CSO estimate of 7.1% for 2016-17.