The two vegetables, which account for 24 percent of the cost of a home-cooked meal, have been witnessing double-digit inflation
The market response to the RBI policy was muted as investors shift focus to global developments like the evolving likelihood of a US Federal Reserve rate cut in June and fluctuations in commodity prices.
RBI MPC's decision to keep rates unchanged sets the base for the housing sector's long-term stability and expansion, experts say
Kotak Institutional Equities, Morgan Stanely, ICICI Securities and Nomura Research foresee a prolonged pause by the RBI and average CPI inflation at around 5.6 percent in the current fiscal
The CPI inflation has fallen within the central bank’s comfort zone in last the two months.
Rohini Malkani, chief economist from Citigroup tells CNBC-TV18 that FY12 growth is actually being understated in India at 6.9%. Check out her explanation.