Prices of metals such as steel, aluminium and copper, which are critical inputs for capital goods and engineering, procurement and construction companies, have flared up
MS Mani, Senior Director, Deloitte, said the clause will also help curb inflationary pressures on the economy when GST is implemented.
Uncertainty in global financial markets tends to be good for the dollar because money flows to the US financial markets, especially the US treasury securities markets in search of a safe haven, says Eswar Prasad, Professor Of Economics at Cornell University.
The Fed will hike not because it is concerned about inflationary pressures but more because it wants to signal that there is sufficient strength in the US economy to warrant a hike, said Nick Parsons of National Australia Bank.
R Sreesankar, Head - Institutional Equities of Prabhudas Lilladher advices buying on every dip in the market.
According to HSBC, emerging market activity turned positive again in August, after losing traction in every month since April, and experiencing outright contraction in July.
Sujay Kalele, vice president of the business development section of the company told CNBC-TV18 about the company‘s future ventures, expectations in 2013 and the challenges ahead.
Notwithstanding the slight decline in WPI inflation in October, inflationary pressures are likely to continue in the months ahead and may touch 8.2 percent by the year end, says a report.
The government today said rupee depreciation has been contributing to inflationary pressures, even as it is taking steps to contain the price situation.
For the first time in three years, the Reserve Bank of India has left signs on the market's doorstep that 25 basis points repo rate cut to 8.25% is likely to take place today.
Slippage in the fiscal deficit has been adding to inflationary pressures. Credible fiscal consolidation, therefore, will be an important factor in shaping the inflation outlook.
India's services sector expanded in November for the first time in two months as new business accelerated despite persistent inflationary pressures, a survey showed on Monday.
Prime Minister's Economic Advisory Council Chairman C Rangarajan today said inflation, a matter of concern, may come down to 7% by March 2012.
After the strong positive sessions that we have had, India might look to outperform due to its strong fundamentals, says Alok Sama, President and Founder of Baer Capital Partners.
The infrastructure sector seems to be building itself a tower of troubles. Not only are projects suffering due to a cash-crunch and waning investment sentiment, investors seem to be losing interest in the company stock too! Priyanka Dalmia of CNBC-TV18 has a report.
Despite falling food inflation numbers on the back of a good monsoon, global rating agency Fitch today warned that the country's economic outlook still remains somewhat clouded by persistent inflationary pressures.
The country will continue to face inflationary pressures due to the high global commodity and oil prices, Finance Minister Pranab Mukherjee on Saturday said.
Expert views on April inflation data
Inflationary pressures seem to be affecting the performance of almost all emerging markets. According to Morgan Stanley Smith Barney's David Darst, the second half of the year will be driven by inflationary concerns. While interest rate increases by many central banks has left investors not too confident."
The strong pace of expansion in India's manufacturing sector steadied in March, helped by sustained new orders and output, while input prices were at their highest in at least six years, signalling further inflationary pressures, a survey showed on Friday.
The Reserve Bank of India's primary concern is to maintain price stability, Governor Duvvuri Subbarao said on Tuesday.
India's headline inflation may ease to 7-7.5% in March and the central bank's latest rate increase will have an impact on inflationary pressures, Finance Minister Pranab Mukherjee said on Thursday.
Home and auto loans may cost more as the RBI raised its short-term lending and borrowing rates by 25 basis points each yet again today with a view to check spiralling prices of essential commodities.
The Reserve Bank of India (RBI) raised interest rates on Thursday for the eighth time since last March, in line with expectations, and warned both of inflationary pressures and emerging risks to growth.
Chetan Bhatia, managing director of Oppenheimer says markets are showing resilience at around the 5400 mark. However, he adds, it is premature to say whether markets have bottomed out at 5200.