Oct 13, 2014 at 17:36 | Source: CNBC-TV18
A CNBC-TV18 poll expected the data to be around 7.2 percent. The wholesale price inflation is also expected to come down to 3.3 percent from last month's 3.7 percent, due to a steady fall in global crude oil prices, which hit a near two-year low on Thursday.
Oct 13, 2014 at 10:43 | Source: CNBC-TV18
According to Jerram, the IIP data showed a volatile set of numbers. He feels the hope and promise of reforms may reinvigorate some stalled projects in 6-12 months
Oct 11, 2014 at 16:02 | Source: PTI
"The new government in the last few months has (taken) every possible measure to revive the confidence like ease of doing business and better regulations," Sitharaman told reporters here today.
Oct 10, 2014 at 12:24 | Source: CNBC-TV18
Sajjid Chinoy, Asia Economics, JP Morgan expects IIP of 2.5 percent for August. Furthermore, he anticipates Consumer Price Index (CPI) data due next week at sub 7 percent and Wholesale Price Index (WPI) at sub 3 percent.
Sep 16, 2014 at 10:17 | Source: Moneycontrol.com
Equity Mutual Funds ended with negative returns as the selling pressure resumed again on Monday dragging the Sensex below 27000 level dented by weak industrial output in July despite significant fall in August inflation.
Sep 15, 2014 at 16:42 | Source: Moneycontrol.com
The Indian rupee breached 61 level, hitting a four-month low on the bank of weakness in equity markets and increased demand for dollars overseas. It was down 42 paise to 61.07 a dollar (at 16 hours IST) on strong dollar demand.
Sep 15, 2014 at 11:41 | Source: CNBC-TV18
Experts see today's data as an impressive one, which indicates that the pace of growth of inflation has been slowing down, but they say one should not hope for an interest rate cut anytime soon.
Sep 12, 2014 at 12:37 | Source: CNBC-TV18
Both macro-economic data points will be released post market hours today
Sep 12, 2014 at 08:58 | Source: Moneycontrol.com
According to Ventura Securities, markets to open on a flat note following muted trend seen in other Asian markets while IIP and CPI data will be closely watched.
Sep 12, 2014 at 08:56 | Source: CNBC-TV18
For the core inflation data, the range is wide anywhere between 6.9 to 7.3 percent. Food inflation prices are expected to soften on a month-on-month basis.