As CPI inflation spikes to 4.88%, rate-cut hopes vanish

Radhika Merwin
  ·   print   ·  
The sharp rise in CPI inflation to 4.88 per cent in November, beyond the RBI’s comfort zone, has dashed hopes of any rate cut. Apart from the rise in vegetable prices, core inflation (excluding food and fuel) also moved up driven by housing and increase in fuel prices. The RBI had revised upwards its CPI inflation target for the second half of the fiscal to 4.3-4.7 per cent from the earlier 4.2-4...
Please Wait while comments are loading...
This article is closed for comments.
Please Email the Editor

The choice of top 10 stocks/sectors in a fund's portfolio is important as the top picks usually occupy a major portion of the portfolio, determine the level of diversification and help funds gener... »

Buying a house to just rent it out may not be a lucrative option in India, shows study of data provided by JLL India. Average rental yields were 3.1 per cent, as of May 2017, for top six cities in... »


Exchange Rate

Dollar Spot Forward Rate

Open-Ended Mutual Funds

NSE Currency Futures



Recent Article in News Analysis

Axis Bank: Lower slippages and provisioning aid earnings

But pressure on net interest margin continues »

Comments to: Copyright © 2018, The Hindu Business Line.

NEVER miss any latest news! we will have it delivered hot to your inbox!

Please enter your email. Thank You.
Newsletter has been successfully subscribed.