Global Commodity Prices

Gold prices have hit a lifetime high in India, Australia, and the UK, while they’re at an 11-month high in the US. The crises at SVB, Signature Bank, and Credit Suisse are making investors turn to gold as a safe-haven asset.

August CPI seen lower at 3.47%; WPI at -4.43%

Core CPI is expected to come in at the same levels as last month at around 4.3 percent and the range is between 4.2 and 4.5 percent.

Policy propeller Make in India boosting automation spend

The per capita expenditure is expected to witness a growth northward of 25 percent over the next 3-5 years.

Cannot take soft commodity prices for granted: RBI chief

Reserve Bank of India governor Duvvuri Subbarao said on Thursday that soft global commodity prices cannot be taken for granted while addressing a gathering in Ahmedabad.

RBI to cut rates by 25 bps on Mar 19: Prabhudas Lilladher

Sandip Sabharwal of Prabhudas Lilladher says Index of Industrial Production (IIP) show that the growth is bottoming out and going forward the WPI and CPI will also start moderating. So, he believes on March 19, Reserve Bank of India will cut by 25 basis points.

RBI credit policy: Deficit & global commodity prices most important

Speaking to CNBC-TV18, Sonal Varma says that the policy is indeed a non-event, but it brings out certain key factors to watch out for.

Weakness in rupee likely to persist: Macquarie

Indian rupee, which breached the Rs 48 per US dollar mark to a 2-year low in the intra-day trade yesterday, is likely to remain under pressure in the near term and will be around Rs 47 per dollar by the end of this year, global research firm Macquarie said

High commodity rates, pressure on inflation persists: Govt

Global commodity prices continue to remain high despite weak recovery in advanced countries and this has resulted in continuation of inflationary pressure India, Parliament was informed today.

Qauntum AMC bullish on PSU banks, auto, metal stocks

I V Subramanium of Qauntum AMC, in an interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal, spoke about his reading of the market and his outlook.

H2CY11 will be good time to invest in commodities: UBS

In an interview with CNBC-TV's Udayan Mukherjee and Mitali Mukherjee, Hickson said that he sees strong buying opportunities in the second half of the calendar year as far as investment is commodities is concerned.

Food inflation at 8.53%; FM for global action on price rise

Snapping a fortnight-long rise, food inflation fell to 8.53% in the week ended April 23 as pulse prices eased, even as Finance Minister Pranab Mukherjee called for global efforts to reign in volatility in prices.

Will high oil, commodity prices see Re at 46/$ in second half of 2011?

Callum Henderson of Standard Chartered Bank spoke about the weakening mode of the dollar and if a reversal in direction is around the corner. He also spoke about a wide basket of currencies like the yen, euro and the rupee and how he sees these currencies panning out over the course of the calendar year.

RBI to hike interest rates by 25 bps: Rajeev Malik

The Reserve Bank of India is meeting today to review its mid-term monetary policy. Most analysts on the street including Rajeev Malik, senior economist at CLSA, feel that the RBI will raise interest rate at least by 25 basis points.

Goldman Sachs ups India's FY12 inflation forecast

Goldman Sachs has lifted its inflation forecast for India for the next fiscal year to 6.7% from the earlier 6%, citing higher global commodity prices and upside surprises in agricultural prices.