Sonal Varma
May 18, 2012 at 12:48 | Source: CNBC-TV18
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To my mind the surprise is more on the food side,” Sonal Varma, India Economist, Nomura Financial Advisory & Securities (India) Private says. 2. High input cost Input cost is picking up and with fuel price hike due, electricity prices already ...
May 14, 2012 at 09:43 | Source: MoneyControl.com
“Consumers are facing high inflation driven by food prices,” said Sonal Varma, a Mumbai-based economist at Nomura Holdings Inc. who was rated the top Indian forecaster by Bloomberg for the two years ending August 2011. “Due to the ...
May 18, 2012 at 04:09 | Source: Businessweek
In 2008-09, foreign investors pulled out $6.7 billion from India, taking the rupee down 13%. Sonal Varma, India economist at Nomura Financial Advisory and Securities India Pvt. Ltd, said the pace of the rupee’s depreciation picked up after March because ...
May 23, 2012 at 18:43 | Source: Livemint.com
India's consumer price inflation accelerated in April to 10.36%. Sonal Varma of Nomura Financial Advisory & Securities says, it is not a very surprising number. “The number is basically reflecting the increase in food inflation we have seen in ...
May 18, 2012 at 07:15 | Source: MoneyControl.com
“Will this be seen as a sign of a very, very difficult time for India?” says Sonal Varma, economist at Nomura in India. If so, the costs of issuing the bonds – the interest rate the government pays on them – could go up. Another option ...
May 28, 2012 at 09:33 | Source: Wall Street Journal
Early signs of this are apparent in rising repatriation of foreign direct investments from India, although the reasons for this are yet unclear, according to Nomura’s Sonal Varma. There is still a lingering expectation that the exchange rate can be ...
May 27, 2012 at 18:46 | Source: Business Standard
We expect core inflation to rise from 4.7% year-on-year in March to above 5% in April," said Sonal Varma, Economist, Nomura India. India's benchmark equity indices declined for a third week in a row as both the Sensex and Nifty reported highest ...
May 13, 2012 at 06:09 | Source: Hindustan Times
The immediate impact of capital flight and the depreciating rupee would be more pressure on domestic liquidity, says Ms Sonal Varma, Executive Director and India Economist at Nomura. That also means a higher risk of interest rates moving upwards.
May 17, 2012 at 16:49 | Source: Hindu Business Line