RBI will be on wait and watch mode, but probably cut rates by end of this year, says Karan Mehrishi
Until there is a clear sign of a structural decline, RBI should remain cautious
El Nino refers to warming of equatorial waters of the Pacific that affects monsoon pattern in India
Considering long-term inflation rate at 6% a year, you will need a corpus of Rs 4.45 crore
If the distribution and spatial breakup is normal, it bodes well for food production
Worsening inflation, factory output point to policy challenges
RBI surprised markets in raising reverse repo rate by 25 basis points to 6%, repo rate unchanged
This was primarily because of sharp rise in rates of cereals, rice and fruits.
Consumer prices went up mostly because of a surge in energy prices that rose 9.2% in February
Uttarakhand, Punjab have higher numbers than national average
After food prices fell and demand weakened following govt ban on high-value currency notes
Rise in December WPI is in contrast to a marginal decline in Consumer Price Index for the month
Figures also showed that euro zone inflation hit its highest in more than three years last month
The report said inflation will likely remain sticky following GST due to higher taxes on services
India's growth outlook remains strong on the back of infrastructure spending and implementation of ambitious reform agenda, says Fitch
It further said the likely surge in banking liquidity and rise in global market volatility introduce "some risk" to its rate cut view
Consumer prices rose 0.9% compared with a year ago, the Office for National Statistics said on Tuesday
Food inflation declined to 4.34 per cent in October from 5.75% in the previous month
Inflation trends: Mixed signals in Sept trend