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The IIP growth rebounded in July to 4.3 per cent after a fall in June, when it recorded 1.17 per cent, while the retail inflation rose to 3.21 per cent in August, compared with 3.15 per cent in July. Read more: #Market
Major events- US Fed meeting will be held on 17-18 September. Market expectation of US Fed to cut interest rate by 25bps. India RBI meeting will be held on 4th October and hope of further rate cut by RBI after August Inflation at 3.21%. #MOMarketUpdates
A sudden surge in crude prices can upset the nation's key macro-stability parameters, as it can sharply spike the current account deficit (CAD), inflation and the fiscal numbers, whittling the benefits of higher growth, warns an RBI study.
The price of #oil may move towards USD 80 as a drone attack cuts #SaudiArabia’s production in half. That would be more than 30% higher than the current price! #inflation
Report: The Congress termed Finance Minister Nirmala Sitharaman's comments on inflation as 'shocking' and accused the BJP-led government of lacking a "vision" to put the country's economy back on track.
The persistent low inflation and slowdown indicates a dropping demand. Need to incentivise people to buy. So you need to put more money in their hands. Not possible without tax cuts; both direct and indirect taxes. @nsitharaman
Here you go: He can last till age 78 even at 5% inflation (most likely, considering 10% equity returns, 7% debt. Allocate 4/5th to debt, 1/5th to debt)
#NewsAlert – Finance Minister claims that inflation in under control is meaningless in today's crisis. Millions of people have lost jobs and the economy needs to be revived: @AnandSharmaINC.