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India`s milk market stable with low inflation rates in November: Government The overall milk situation in the country is stable with the year-on-year Wholesale Price Index and (WPI) and Consumer Price Index (CPI) inflation rates for milk recorded at low levels of 2.09 and 2.85, respectively, for the month of November 2024, Department of Animal Husbandry & Dairying (DAHD) Secretary Alka Upadhyaya, said at a review meeting here, an official statement said on Thursday.  "There is an adequate commodity stock of skimmed milk powder, whole milk powder, whi...
India`s milk market stable with low inflation rates in November: Government
India`s milk market stable with low inflation rates in November: Government
Source: IANS
2024-12-19 05:28:01 pm
Quote on WPI Inflation Reaction by Raghvendra Nath, MD, Ladderup Wealth Below the Quote on WPI Inflation Reaction by Raghvendra Nath, MD, Ladderup Wealth   "India's Wholesale Price Index (WPI) has decreased to a three-month low of 1.89% in November, primarily due to a decline in food price inflation, which moderated to 8.63% compared to 13.54% in October 2024. This positive trend in food prices is expected to continue, supported by a favorable crop season, which should further reduce food inflation in the coming months. Given the recent Consum...
Quote on WPI Inflation Reaction by Raghvendra Nath, MD, Ladderup Wealth
Quote on WPI Inflation Reaction by Raghvendra Nath, MD, Ladderup Wealth
Source: Ladderup Wealth Management
2024-12-16 03:59:14 pm
CPI inflation to average 4.8 per cent in 2024-25: SBI report CPI inflation is likely to average 4.8 per cent with an upward bias for the full financial year 2024-25 as evolving food prices play a key role, according to an SBI report. “With continuous moderation in fuel prices (fuel and light inflation is in negative territory for the last 15 consecutive months), inflation is currently being driven by food price only,” the report states. “We expect RBI to cut rates in February 2025 by a cumulative 75 bps over the rate cut cycles ...
CPI inflation to average 4.8 per cent in 2024-25: SBI report
CPI inflation to average 4.8 per cent in 2024-25: SBI report
Source: IANS
2024-12-14 05:03:58 pm
FII buying reaches Rs 22,765 crore in Dec as economic growth stays resilient The foreign institutional investors’ (FIIs) buying continued through Indian stock exchanges this month to reach Rs 14,435 crore (till December 13), as the economic growth stayed resilient.  The total buy figure from the FIIs -- including the exchange buying and buying through the ‘primary market and others category’ -- stood at Rs 22,765 crore (till December 13), as per the National Securities Depository Limited (NSDL) data. FIIs turning buyers in December after r...
FII buying reaches Rs 22,765 crore in Dec as economic growth stays resilient
FII buying reaches Rs 22,765 crore in Dec as economic growth stays resilient
Source: IANS
2024-12-14 03:18:40 pm
Economy : CPI eases as food disinflation sets in motion by Elara Capital India’s headline inflation slowed to 5.48% YoY, in line with our expectations of 5.42%, led by a moderation in food and beverage prices, and de-growth in fuel and light component. The momentum in headline CPI was arrested by moderation in vegetable prices, leading to a 0.15% MoM decline in the headline print. Core CPI was at 3.7% YoY versus Apr-Oct FY25 average of 3.4% YoY. The lagged impact of softening demand amid food price deflation should aid headline CPI to fall below 5% in Decemb...
Economy : CPI eases as food disinflation sets in motion by Elara Capital
Economy : CPI eases as food disinflation sets in motion by Elara Capital
Source: Elara Capital
2024-12-14 10:51:15 am
Perspective on CPI & IIP Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International Below the Quote on Perspective on CPI & IIP Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International   It's good news on both fronts. Retail inflation for the month of November has eased to 5.48% vs. 6.21% in October. The overall basket has seen easing, with food inflation easing to 9.04% vs. 10.87% (MoM). Core inflation stood at 3.7%, well below the RBI's targeted range of 4-6%. On the industrial production front, October IIP data grew at 3.5% vs 3...
Perspective on CPI & IIP Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International
Perspective on CPI & IIP Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International
Source: Millwood Kane International
2024-12-12 05:57:41 pm
Quote on basis IIP and CPI Data by Mr. Arsh Mogre, Economist Institutional Equities, PL Capital - Prabhudas Lilladher Below the Quote on basis IIP and CPI Data by Mr. Arsh Mogre, Economist Institutional Equities, PL Capital - Prabhudas Lilladher   IIP:  “India’s Index of Industrial Production (IIP) rose by 3.5% in October 2024, marginally higher than September’s 3.1%, reflecting momentum in industrial activity. Manufacturing led the recovery with a growth of 4.1%, driven by robust performance in electrical equipment (33.1%), basic metals (3.5%), and coke and refined petro...
Quote on basis IIP and CPI Data by Mr. Arsh Mogre, Economist Institutional Equities, PL Capital - Prabhudas Lilladher
Quote on basis IIP and CPI Data by Mr. Arsh Mogre, Economist Institutional Equities, PL Capital - Prabhudas Lilladher
Source: Prabhudas Lilladher
2024-12-12 05:19:19 pm
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low The dollar traded close to a two-week high versus the yen on Wednesday ahead of a highly anticipated reading of U.S. inflation that could provide clues on the pace of Federal Reserve interest rate cuts. The Australian dollar sagged near a four-month low after a dovish tilt to the central bank's policy outlook a day earlier. That also weighed on New Zealand's kiwi, which languished near a one-year trough. Investors will also watch headlines from China's closed-door Central Ec...
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
Source: Reuters
2024-12-11 09:07:23 am
Gold Holds Firm on Safe-Haven Appeal and Softer US Dollar by Amit Gupta, Kedia Advisory Gold prices maintain a positive trend, trading near a two-week high amid escalating geopolitical tensions and softer US Treasury yields. Factors like China's resumption of gold purchases and heightened safe-haven demand due to the Russia-Ukraine conflict and political unrest in South Korea and France bolster prices. Despite hawkish comments from Fed officials hinting at a potential pause in rate cuts, expectations of lower borrowing costs and subdued US Dollar strength support Gold’...
Gold Holds Firm on Safe-Haven Appeal and Softer US Dollar by Amit Gupta, Kedia Advisory
Gold Holds Firm on Safe-Haven Appeal and Softer US Dollar by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-10 03:42:31 pm
Retail inflation eases in October for farm, rural workers The Ministry of Labour & Employment in its latest release has showed that retail inflation for farm workers and rural labourers witnessed a notable decline in the month of October 2024, easing to 5.96% and 6%, respectively as compared to 7.08% and 6.92% in October 2023. This also represents a decrease from September's figures of 6.36% and 6.39%, respectively. The recent release also noted that the All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourer...
Retail inflation eases in October for farm, rural workers
Retail inflation eases in October for farm, rural workers
Source: Accord Fintech
2024-12-10 12:46:51 pm
Indian rupee, bonds to take cues from inflation prints The Indian rupee is expected to be range-bound, along with government bond yields, as they take cues from local and U.S. inflation data this week that is likely to influence expectations of potential rate cuts by central banks. The rupee closed at 84.6875 against the U.S. dollar on Friday, down 0.2% week-on-week. The currency had declined to its all-time low of 84.7575 earlier in the week. While the rupee has faced pressure over the past two months, a pickup in portfolio inflows and growing e...
Indian rupee, bonds to take cues from inflation prints
Indian rupee, bonds to take cues from inflation prints
Source: Reuters
2024-12-09 09:01:43 am
RBI MPC meeting update : CPI inflation for Q1FY26 is projected at 4.6% and Q2FY26 at 4.0% by LKP Securities We have seen a slowdown in economic activity with a modest growth of 5.4% in gross domestic product (GDP) in Q2FY25 (vs. 7.0% in Q2FY25E) due to weak private consumption and investment despite improved government spending. Going forward, strong kharif and rabi crop production, rising industrial activity and continued growth in services, bode well for private consumption. However, headwinds from global political uncertainty, global commodity prices and geopolitical tensions continue to weigh o...
RBI MPC meeting update : CPI inflation for Q1FY26 is projected at 4.6% and Q2FY26 at 4.0% by LKP Securities
RBI MPC meeting update : CPI inflation for Q1FY26 is projected at 4.6% and Q2FY26 at 4.0% by LKP Securities
Source: LKP Securities Ltd
2024-12-07 02:02:12 pm
Quote on The RBI Monetary Policy announced today by Ms. Namrata Mittal, Chief Economist, SBI Mutual Fund Below the Quote on The RBI Monetary Policy announced today by Ms. Namrata Mittal, Chief Economist, SBI Mutual Fund   In today’s policy meeting, the Monetary Policy Committee (MPC) voted to keep the repo rate unchanged at 6.50% and maintained a neutral stance. An interesting point is that two out of the three external members voted for a 25bps reduction in the repo rate, despite the recent CPI print being close to 6%. This raises the question: does this signal that growth...
Quote on The RBI Monetary Policy announced today by Ms. Namrata Mittal, Chief Economist, SBI Mutual Fund
Quote on The RBI Monetary Policy announced today by Ms. Namrata Mittal, Chief Economist, SBI Mutual Fund
Source: SBI Mutual Fund
2024-12-07 09:29:36 am
Perspective on RBI Monetary Policy Committee Announcement by Mr. Piyush Baranwal, Sr. Fund Manager (Fixed Income), WhiteOak Capital Asset Management Ltd Below the Perspective  on RBI Monetary Policy Committee Announcement by Mr. Piyush Baranwal, Sr. Fund Manager (Fixed Income), WhiteOak Capital Asset Management Ltd   ‘In its MPC meeting concluded today, RBI kept its policy rates on hold, in line with its steadfast focus on durably aligning CPI with the 4% target. Pertinent to note that it wasn’t unduly perturbed by sharp moderation in Q2 GDP growth, which it saw as transitory. It instead chose to wait for more conf...
Perspective on RBI Monetary Policy Committee Announcement by Mr. Piyush Baranwal, Sr. Fund Manager (Fixed Income), WhiteOak Capital Asset Management Ltd
Perspective on RBI Monetary Policy Committee Announcement by Mr. Piyush Baranwal, Sr. Fund Manager (Fixed Income), WhiteOak Capital Asset Management Ltd
Source: WhiteOak Capital Asset Management Ltd
2024-12-06 01:41:19 pm
Perspective on MPC Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International Below the Perspective on MPC Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International   ‘The MPC keeping the repo rate and policy stance unchanged is on the expected lines. Reducing the CRR by 50 bps is a positive surprise. CRR cut will help infusion of over Rs 1.6 lakh crore into the system. It will help boost the credit offtake and the overall growth of the economy. It is concerning the central bank has hiked its CPI inflation estimate and reduced its growth...
Perspective on MPC Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International
Perspective on MPC Data by Mr Nish Bhatt, Founder & CEO, Millwood Kane International
Source: Millwood Kane International
2024-12-06 12:56:33 pm
Inputs on expectations from the upcoming RBI Monetary Policy Committee by Mr. Ashwani Dhanawat, ED & CIO, Shriram General Insurance Below the Inputs on expectations from the upcoming RBI MPC by Mr. Ashwani Dhanawat, ED & CIO, Shriram General Insurance   The Reserve Bank of India (RBI) has maintained its rates since FY24 to manage inflation, supported by robust growth. However, recent Q2FY25 GDP data indicates a slowdown in consumption and investment, which has reduced the policy space. Although growth is anticipated to improve in H2FY25, it is likely to fall short of the RBI's 7.4% target. Inflation ...
Inputs on expectations from the upcoming RBI Monetary Policy Committee by Mr. Ashwani Dhanawat, ED & CIO, Shriram General Insurance
Inputs on expectations from the upcoming RBI Monetary Policy Committee by Mr. Ashwani Dhanawat, ED & CIO, Shriram General Insurance
Source: Shriram General Insurance
2024-12-02 05:07:15 pm
Private consumption driving growth in Q3 with rural India taking lead: RBI  The slack in speed observed in the Indian economy during the second quarter of 2024-25 is behind us as private consumption is back to being the driver of domestic demand with festival spending lighting up real activity in Q3, according to the RBI’s monthly bulletin for November.   The report points out that rural India is emerging as a gold mine for e-commerce companies in this festival season; this is expected to gather further momentum with the sharp increase in kharif o...
Private consumption driving growth in Q3 with rural India taking lead: RBI
Private consumption driving growth in Q3 with rural India taking lead: RBI
Source: IANS
2024-11-21 02:23:43 pm
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs The U.S. dollar held near a 6-1/2-month peak against major peers and bitcoin was solidly poised just below record highs on Wednesday as markets sized up so-called Trump trades ahead of key U.S. inflation data later in the day. The dollar is reaping the benefits of Republican Donald Trump's victory in the U.S. presidential election last week, with investors pricing in policies of lower taxes and trade tariffs under the incoming administration that are seen as inflationary. [US/]. The...
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs
Source: Reuters
2024-11-13 10:24:20 am
India inflation to rise further to 5.81% on rising food costs Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a Reuters poll of economists predicted, a shade below the central bank's tolerance threshold of 6.0%. Food prices, which make up nearly half of the inflation basket, likely increased at a faster pace last month. Tomatoes, a key ingredient in every Indian kitchen, are expected to have surged by double digits in price as uneven rains disrupted prod...
India inflation to rise further to 5.81% on rising food costs
India inflation to rise further to 5.81% on rising food costs
Source: Reuters
2024-11-11 05:28:44 pm
Market Outlook: Inflation, FII, economic data key triggers for next week  The market outlook for next week will be guided by key macroeconomic data and the last round of Q2 earnings.  India is set to release Consumer Price Index (CPI) and Index of Industrial Production (IIP) data on November 12, with Wholesale Price Index (WPI) data expected on November 14. Globally, the US inflation report on November 13 will be critical, as it may influence the Federal Reserve’s upcoming policy stance. Last week, the stock market closed in the deep red. Nif...
Market Outlook: Inflation, FII, economic data key triggers for next week
Market Outlook: Inflation, FII, economic data key triggers for next week
Source: IANS
2024-11-10 12:59:34 pm
India inflation to rise further to 5.81% on rising food costs  Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a Reuters poll of economists predicted, a shade below the central bank's tolerance threshold of 6.0%. Food prices, which make up nearly half of the inflation basket, likely increased at a faster pace last month. Tomatoes, a key ingredient in every Indian kitchen, are expected to have surged by double digits in price as uneven rains disrupte...
India inflation to rise further to 5.81% on rising food costs
India inflation to rise further to 5.81% on rising food costs
Source: Reuters
2024-11-08 06:06:09 pm
India`s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Governor India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the RBI Governor Shaktikanta Das has stressed, adding that the country is likely to see real GDP growth at 7.2 per cent for FY 2024-25.  Prospects of private consumption, the mainstay of aggregate demand, look bright on the back of improved agricultural outlook and rural demand. Sustained buoyancy in services would also support urban demand. G...
India`s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Governor
India`s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Governor
Source: IANS
2024-10-22 11:31:12 am
Quote on CPI Numbers by Mr. Vivek Rathi, National Director Research, Knight Frank India Below the Quote on CPI Numbers by Mr. Vivek Rathi, National Director Research, Knight Frank India   “Consumer headline inflation rose to a nine-month high of 5.5% in Sep 2024, driven by stickiness in food prices. Core inflation as well has been gradually increasing, reaching a eight-month high of 3.5%. This trend indicates mounting inflationary pressures, which could impact consumers’ disposable income. The rise in CPI aligns with increasing household inflation exp...
Quote on CPI Numbers by Mr. Vivek Rathi, National Director Research, Knight Frank India
Quote on CPI Numbers by Mr. Vivek Rathi, National Director Research, Knight Frank India
Source: Knight Frank India
2024-10-15 09:30:10 am
India hikes minimum wages as living costs surge India is hiking minimum wages marginally for workers employed in informal sectors including construction, mining and agriculture, from October 1, a government statement said on Thursday. "This adjustment is aimed at helping workers cope with the rising cost of living," the statement said, referring to the 2.40-point rise in consumer price index (CPI) for industrial workers. After the hike, the unskilled workers in the upper-most band can expect a daily minimum wage of 783 rupe...
India hikes minimum wages as living costs surge
India hikes minimum wages as living costs surge
Source: Reuters
2024-09-27 08:26:41 am
Food price volatility remains contingent risk: RBI Bulletin The Reserve Bank of India's (RBI's) article in the September Bulletin has said that food price volatility remains a contingent risk even as the overall retail inflation has remained below the target of 4 per cent for the second consecutive month in August. It further said that household consumption is poised to grow faster in the second quarter as headline inflation eases, with a revival of rural demand already taking hold. It stated ‘Consumer price index (CPI) inflation came...
Food price volatility remains contingent risk: RBI Bulletin
Food price volatility remains contingent risk: RBI Bulletin
Source: Accord Fintech
2024-09-23 10:27:46 am
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International Below the Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International   “The August retail inflation has marginally risen to 3.65% if compared MoM, the gain is largely due to food inflation that has risen to 5.66%. The retail inflation print below 4% is also due to a higher base. July industrial output at 4.8% is largely due to manufacturing growth. The acceleration is retail inflation though moderate will have a bearing&...
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Source: Millwood Kane International
2024-09-13 01:49:13 pm
India's CPI inflation eases to 59-month low of 3.54 per cent India's consumer price inflation slowed to a 59-month low of 3.54 per cent in July this year compared to the same month of the previous year to fall below the RBI’s medium-term target of 4 per cent for the first time in close to 5 years, data released by the Ministry of Statistics on Monday showed.  The prices of cooking oil and spices declined by over 1 per cent during the month, easing the strain on household budgets, while the price rise for vegetables eased to 6.83 per c...
India's CPI inflation eases to 59-month low of 3.54 per cent
India's CPI inflation eases to 59-month low of 3.54 per cent
Source: IANS
2024-08-13 09:39:01 am
Gold prices set for weekly drop, with focus on Fed cues Gold prices were subdued on Friday and headed for a weekly decline, while investors awaited further cues to gauge the size of a potential U.S. interest rate cut in September. Spot gold was down 0.2% at $2,421.31 per ounce, as of 0402 GMT, after rising more than 1% on Thursday. Bullion was on track for its biggest weekly fall since June 7, and fell as much as 3% on Monday after investors liquidated positions in tandem with a broader equities selloff. U.S. gold futures dipped 0.1% to $...
Gold prices set for weekly drop, with focus on Fed cues
Gold prices set for weekly drop, with focus on Fed cues
Source: Reuters
2024-08-09 10:23:11 am
RBI keeps repo rate unchanged at 6.5% for 9th time in row The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while s...
RBI keeps repo rate unchanged at 6.5% for 9th time in row
RBI keeps repo rate unchanged at 6.5% for 9th time in row
Source: Accord Fintech
2024-08-08 12:25:55 pm
Perspective on CPI-June 2024 Data by Rajani Sinha, Chief Economist, CareEdge Ratings Below the Quote on Perspective on CPI-June 2024 Data by Rajani Sinha, Chief Economist, CareEdge Ratings   ”The CPI inflation rose sharply to 5.1% in June from 4.8% in May, higher than market expectations. The inflation in food basket inched up higher led by specific food categories, including vegetables, pulses and cereals. Prices of staple vegetables rose sharply and is attributed to both supply-side and demand-side factors. Last year's reduced output, the impact of...
Perspective on CPI-June 2024 Data by Rajani Sinha, Chief Economist, CareEdge Ratings
Perspective on CPI-June 2024 Data by Rajani Sinha, Chief Economist, CareEdge Ratings
Source: CareEdge Ratings
2024-07-13 11:10:48 am
Food prices set to cool off in coming months as monsoon progresses: Experts The food prices are projected to cool off in the coming months and the inflation trajectory to soften and stabilise between 4 and 4.5 per cent, industry experts have said.  India’s consumer price inflation (CPI) edged up to 5.08 per cent in June this year compared to the same period last year. According to industry experts, although June rains were deficient, it is not a major concern because July and August rains are what matter for Kharif. “We expect the progress o...
Food prices set to cool off in coming months as monsoon progresses: Experts
Food prices set to cool off in coming months as monsoon progresses: Experts
Source: IANS
2024-07-13 10:29:48 am
Reaction Quote on today`s CPI data Raghvendra Nath, MD, Ladderup Wealth Management Below the Quote on Reaction Quote on today`s CPI data By Raghvendra Nath, MD, Ladderup Wealth Management   "India’s CPI inflation in June 2024 stood at 5.08% on the back of higher food prices, as against 4.75% in the previous month. Material moderation in food inflation is expected only from September on the back of fresh kharif crop arrivals. We expect the markets to remain unaffected as the markets have mostly factored in the rise in the food inflation and we believe t...
Reaction Quote on today`s CPI data Raghvendra Nath, MD, Ladderup Wealth Management
Reaction Quote on today`s CPI data Raghvendra Nath, MD, Ladderup Wealth Management
Source: Ladderup Wealth Management
2024-07-13 10:15:56 am
 Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group Below the Quote on Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group   *  Headline inflation was 5.1% YoY in Jun'24, higher than the market consensus (and our forecast) of 4.8% and 4.8% each in the past three months. Details, however, are also not really concerning:   *  Vegetables drove higher inflation. CPI-inflation ex veg (weight = 94%) dropped further to 3.2% last month (vs 3.5% in May) *   ...
 Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group
 Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group
Source: Motilal Oswal Financial Services
2024-07-13 09:25:59 am
India`s CPI inflation edges up to 5.08 pc in June India’s consumer price inflation edged up to 5.08 per cent in June this year compared to the same month of the previous year as high prices of vegetables and pulses pushed up food inflation during the month, figures released by the Ministry of Statistics on Friday showed. Vegetable prices shot up by as much as 29.32 per cent during the month as the scorching heat wave in the northern states hit production, while the prices of pulses rose by 16.07 per cent during the month. The pri...
India`s CPI inflation edges up to 5.08 pc in June
India`s CPI inflation edges up to 5.08 pc in June
Source: IANS
2024-07-13 08:45:36 am
Weekly Market Outlook : Domestic CPI data suggests a gradual decline in inflation by Vinod Nair, Head of Research, Geojit Financial Services Below the Quote on Weekly Market Outlook  by Vinod Nair, Head of Research, Geojit Financial Services   "The domestic market remained marginally positive this week, albeit with a temporary blip in momentum due to a lack of fresh triggers. Nonetheless, mid and small-cap sectors demonstrated outperformance, as sentiment has enhanced again for growth-based stocks. The outcome of the FOMC meeting was hawkish; market expectations have shifted from two rate cuts in CY2...
Weekly Market Outlook : Domestic CPI data suggests a gradual decline in inflation by Vinod Nair, Head of Research, Geojit Financial Services
Weekly Market Outlook : Domestic CPI data suggests a gradual decline in inflation by Vinod Nair, Head of Research, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-06-15 09:11:40 am
Housing prices see 13 pc growth in last two years as inflation eases in India Residential real estate prices have risen continuously since 2013 and in the last two years, they appreciated at a compound annual growth rate (CAGR) of 13 per cent while the consumer price inflation (CPI) inflation moderated by 1.3 per cent on an annual average basis to 5.4 per cent at the end of FY24, a report showed on Thursday.  Around 8.25 lakh new homes were launched and 8.72 lakh units were sold during the last two financial years. This trend signifies a clear outperformance...
Housing prices see 13 pc growth in last two years as inflation eases in India
Housing prices see 13 pc growth in last two years as inflation eases in India
Source: IANS
2024-06-13 04:26:10 pm
Housing Prices Soar with 13% CAGR as Inflation Moderates to 5.4% Inflation, the gradual increase in the general prices of goods and services, erodes the purchasing power of money over time. For investors seeking to preserve and grow their wealth amidst inflationary pressures, real estate has emerged as a popular hedge against this dreaded but inevitable dynamic, finds ANAROCK research.   Price growth over the last three elections   Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “After the 2019 elections, average re...
Housing Prices Soar with 13% CAGR as Inflation Moderates to 5.4%
Housing Prices Soar with 13% CAGR as Inflation Moderates to 5.4%
Source: PR Agency
2024-06-13 02:21:03 pm
ESG: Global carbon pricing trends 2023: Needs more ambition by Kotak Institutional Equities Amid the energy crisis and economic stagnation, 2023 was a year of gradual progress in the uptake of global carbon pricing instruments (CPI). Multi-dimensional efforts are being undertaken worldwide to promote these instruments’ uptake and improve prices to meet the 2°C goal, especially in mid-income countries. The final bill for the rollout of the Indian carbon market is approved, and the finer details are awaited. We believe that companies enabling/transitioning to a lower carbon ...
ESG: Global carbon pricing trends 2023: Needs more ambition by Kotak Institutional Equities
ESG: Global carbon pricing trends 2023: Needs more ambition by Kotak Institutional Equities
Source: Kotak Institutional Equities
2024-06-13 11:49:11 am
Economy: Inflation remains steady in May by Kotak Institutional Equities Inflation remains steady in May Headline CPI inflation at 4.75% and core inflation at 3% were marginally lower than April levels. Inflation continues to pan out as we had expected—only a gradual moderation toward the RBI’s 4% target. We maintain our FY2025 average inflation estimate at around 4.4%.  We continue to expect a shallow rate cut cycle, starting in December, with the stance changing to neutral either in October policy or along with rate action. Food inflation ...
Economy: Inflation remains steady in May by Kotak Institutional Equities
Economy: Inflation remains steady in May by Kotak Institutional Equities
Source: Kotak Institutional Equities
2024-06-13 11:27:21 am
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International Below the Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International   "India’s CPI inflation in May 2024 eased to 12-month low of 4.75 per cent, though bit higher than the 4.31 per cent recorded in the year-ago month of May 2023. While  India’s industrial production grew 5 per cent in April riding on robust growth of 6.7 percent in mining and 10.2 percent in electricity, over the corresponding month in the previou...
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Source: Millwood Kane International
2024-06-13 10:35:40 am
Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group Below the Perspective on CPI & IIP data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group     No surprises again; Monetary easing still some time away May headline inflation came in at 4.75%, April IIP at 5%   Headline inflation was largely in line with the BMBG consensus and IIP growth was slightly better. Today's data will not change any views on India's monetary policy.   Some CPI details: -- Core inflation stood at ...
Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group
Perspective on CPI & IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group
Source: Motilal Oswal Financial Services Ltd
2024-06-13 10:25:39 am
Gold slips as Fed signals only one rate cut this year Gold prices fell on Thursday after the U.S. Federal Reserve in its most recent policy meeting scaled back to only one interest rate cut later this year, fewer than previously projected, even as inflation cooled in May. Spot gold was down 0.4% at $2,313.92 per ounce, as of 0340 GMT. U.S. gold futures fell 1.1% to $2,329.50. "While the tamer consumer price index print was a net positive for gold, the takeaway from the Fed meeting was that the number of rate cuts in 2024 have been red...
Gold slips as Fed signals only one rate cut this year
Gold slips as Fed signals only one rate cut this year
Source: Reuters
2024-06-13 09:32:34 am
Gold slips as markets eye outcome of Fed meet, CPI data Gold prices fell on Tuesday with investors awaiting key U.S. inflation data and the outcome of the Federal Reserve's policy meeting for details of the central bank's plans to cut interest rates against its inflation target. Spot gold was down 0.3% at $2,302.89 per ounce, as of 0317 GMT. U.S. gold futures fell 0.3% to $2,320.20. "I suspect the Fed's hands are tied following the strong payrolls report, as it likely doesn't enable them to signal the September cut that ...
Gold slips as markets eye outcome of Fed meet, CPI data
Gold slips as markets eye outcome of Fed meet, CPI data
Source: Reuters
2024-06-11 09:37:19 am
Market Outlook: New Government, IIP, PMI data and Fed meet key triggers for next week Last Week, Indian equity markets witnessed high volatility sessions due to an unexpected outcome in the 2024 Lok Sabha elections.  National Stock Exchange (NSE) benchmark Nifty was within the range of 21,300-23,300 points, the widest after May 2020. A new government is being formed on Sunday and it is believed that stability can be seen in the market for next week. The outlook for the market will be guided by the major domestic and global economic data. Retail inflation (CPI ...
Market Outlook: New Government, IIP, PMI data and Fed meet key triggers for next week
Market Outlook: New Government, IIP, PMI data and Fed meet key triggers for next week
Source: IANS
2024-06-09 04:31:16 pm
RBI raises GDP growth forecast for 2024-25 to 7.2 pc, sees CPI inflation at 4.5 pc The RBI has raised India’s GDP growth forecast from 7 per cent to 7.2 per cent for the current financial year (2024-25), as it expects the economy to continue on a high growth trajectory.  However, it has decided to stick to its CPI inflation forecast for 4.5 per cent for the year. RBI Governor Shaktikanta Das said the GDP growth in the first quarter of 2024-25 is likely to be at 7.3 per cent, 7.2 per cent in Q2, 7.3 per cent in Q3, and 7.2 per cent in the last quarter. &l...
RBI raises GDP growth forecast for 2024-25 to 7.2 pc, sees CPI inflation at 4.5 pc
RBI raises GDP growth forecast for 2024-25 to 7.2 pc, sees CPI inflation at 4.5 pc
Source: IANS
2024-06-07 11:43:28 am
Dollar droops ahead of crucial CPI test; yen under pressure The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day that could dictate the path of Federal Reserve policy. The yen languished near a two-week low, as a still-gaping yield gap between local bonds and U.S. peers continued to encourage selling of the Japanese currency. The yuan slid to a two-week low versus the dollar after U.S. President Joe Biden unveiled steep tariff increases o...
Dollar droops ahead of crucial CPI test; yen under pressure
Dollar droops ahead of crucial CPI test; yen under pressure
Source: Reuters
2024-05-15 09:09:28 am
Reaction Quote on today's CPI data By Raghvendra Nath, Managing Director, Ladderup Wealth Management Below The Quote On Today's IIP & CPI inflation data from Raghvendra Nath, Managing Director, Ladderup Wealth Management Private Limited    "At 4.83%, CPI continued its downward trajectory. With expectations of normal monsoons, we expect the food inflation to moderate in the coming months. Oil remains a key monitorable due to the ongoing geo-political uncertainty. We don't expect any impact on markets or the policy stance of RBI, as the CPI number was in l...
Reaction Quote on today's CPI data By Raghvendra Nath, Managing Director, Ladderup Wealth Management
Reaction Quote on today's CPI data By Raghvendra Nath, Managing Director, Ladderup Wealth Management
Source: PR Agency
2024-05-14 10:22:50 am
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International Below the Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International    "April's CPI inflation decreased slightly from 4.85% in March to 4.83%, eighth straight month that inflation remained within the RBI’s tolerance band of 2 percentage points within 4%. Urban inflation was recorded at 4.11%, while rural inflation was reported at 5.43%. Food and beverage prices held steady at 7.87 percent, slightly higher than 7.68 ...
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Perspective on CPI & IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Source: Millwood Kane International
2024-05-14 10:16:57 am