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RBI Credit Policy leaves key rates unchanged

Posted on: July 28th 2009 in Market News.

NEW DELHI: The RBI has kept the key rates unchanged and increased the inflation forecast to 5 per cent. The GDP is expected to grow at 6 percent and the money supply growth is seen at 18 per cent, according to the quarterly review of the economy, released on Tuesday. ( Watch ) The deposi…

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Inflation drops to negative, at -1.61% for week ended June 6

Posted on: June 18th 2009 in Press Releases.

NEW DELHI: Subzero inflation has finally come to India with inflation dropping by 1.6% in first week of June to ten months after inflation peaked at 12.9% in early August. Annual inflation was at 0.13% in the week before. India’s negative inflation patch – negative inflation i…

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Inflation falls to 0.13% for the week ended May 30

Posted on: June 11th 2009 in Press Releases.

The governemnt revised inflation for the week ended April 4 to 0.83% from 0.18%. The annual rate of inflation, calculated on point to point basis, stood at 0.13% for the week ended May 30, 2009 as compared to 0.48% for the previous week ended May 23, 2009 and 9.32% during the correspondi…

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Sensex, Nifty hit 10-month highs as bourses progress rapidly

Posted on: June 6th 2009 in Market News.

MUMBAI: Indian bourses progressed rapidly with key indices — Sensex and Nifty — hitting nearly ten-month highs as investors were heartened by new UPA Government’s economic agenda, unveiled by President Pratibha Patil in the week under review. The markets achieved new hi…

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Inflation drops to 0.48% in week ended May 23

Posted on: June 4th 2009 in Press Releases.

Government revises inflation for the week ended March 28, to 0.84% from the preliminary estimate of 0.26% The annual rate of inflation, calculated on a point to point basis, stood at 0.48% for the week ended May 23, 2009 as compared to 0.61% for the previous week ended May 16, 2009. It w…

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Worst seen over, but market at mid-term resistance

Posted on: April 16th 2009 in Market Outlook.

MUMBAI: The recent rally across the global markets has surprised many analysts and economists, as they were of the view that the worst was still to come. …

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