Tag: Consumer Price Index

Mumbai: The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged in its next monetary policy review on Wednesday, in view of the consumer price index (CPI) inflation in August shooting up to 3.36 per cent, according to latest official data. While core inflation in August rose to 4.6 per […]

Beijing: The average price of food in 50 Chinese cities continued to drop between March 21 and March 30, official data showed on Wednesday. The 10-day snapshot could reflect the trend in consumer price index (CPI), a main gauge of inflation, as food prices account for nearly one-third of the prices used in calculating the […]

Easing onion and potato prices pulled retail inflation in February to a 25-month low of 8.1 per cent and is likely to increase the clamour for the Reserve Bank to cut interest rates in its next monetary policy

New Delhi/Mumbai: Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said on Friday. It is learnt that Reserve Bank of India would stick with its stance and further lower the repo rate, which will in turn reinvigorate consumer sentiment and shore […]

Mumbai: Key macro-economic data points on industrial production and inflation rates along with the commencement of the quarterly result season will determine the movement of equity indices next week, analysts opined. According to market observers, even the direction of foreign fund flows and the rupee’s movement against the US dollar on the back of budgetary […]

Mumbai: Indian markets closed lower on Friday following Asian markets which slid as the second largest economy China reported trade data. Markets were choppy throughout the day ahead of India’s key macro-data release. The S&P BSE Sensex closed 86.88 points lower at 38,736.23 while the Nifty declined by 30.40 points or 0.26 per cent to […]

Mumbai: The Sensex on Monday fell by 175 points during the early trade after it opened marginally lower. The decline was led by automobile companies, however, FMCG and pharma stocks gained. At 9.19 a.m., the Sensex traded 175.19 points lower at 36,806.58, from its Friday’s close of 36,981.77. The broader Nifty traded 41.80 points lower […]