“Sakhi saiyan to khub hi kamat hai…..mehngai daayan maare jaat hai….” goes a number from a popular bollywood flick and rightly so atleast for RBI. Since the last 15 months or so…RBI has been trying to battle the rising inflation by raising rates (What are policy rates?) eight times since March last year. However inflation, now [...]
Posts Tagged ‘india inflation’
Indian equity markets:Overvalued Zone…?
April 13th, 2010 
Praveen Bajaj Well some say that the Indian equity markets are all set to become mother of all the bull markets and from here there is no looking back. While others say that we are currently in a kind of over bought zone and a correction of at least 200-300 points in the Nifty index is definitely warranted. While, [...]
Posted in Economy 
Tags: credit policy, equity markets, india inflation, nifty, peter lynch, WPI 
No Comments »Rating upgrade, rate hike – Growth on track
March 22nd, 2010 Praveen Bajaj Equity markets continued the uptrend with all major markets closing in the green for the week. The Sensex was up 500 points. On the global front, nothing much changed vis-a-vis risk appetite as stand-off over Greece continued to haunt the Euro, which shed 300 pips during the week. The week also saw concerns over asset [...]
Posted in Economy Tags: economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, inflation, share markets, usd-inr 1 Comment »Currency markets at crucial point….
March 15th, 2010 Praveen Bajaj Markets seem to come out of the consolidation mode and increase in risk appetite saw the US Dollar being sold across the board. Almost all markets closed in the green and all currencies except the JPY saw strength against the greenback. The Dollar index closed below a key support level at 80 before closing 79.83. [...]
Posted in Economy Tags: Accounting Standards, dollar rate, economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, nifty, sensex, share markets, usd-inr No Comments »Inflation After Effects
December 16th, 2009 Praveen Bajaj India’s WPI inflation rose by 4.78% y-o-y in November compared to1.34% in October. 4.20%. It was more than the Bloomberg consensus street expectations of around 4.2%. This was mainly on account of higher manufactured product prices which has a weight of around 63% on the index. This I believe is a clear signal of
Posted in Economy Tags: india inflation, indian economy, inflation, inflation rate, inflation rate 2009, WPI No Comments »Inflation: Managing the necessary evil
November 27th, 2009 Praveen Bajaj Almost halfway into the 3rd quarter and well into the busy season, the economy is well set to make a comeback with projected growth of 6% upwards. With markets again close to the pre-crisis levels and major sectors looking up, it is only a question of time when we are able to leave the recession [...]
INFLATION: Change, but not yet wholesale
November 10th, 2009 Praveen Bajaj The Cabinet Committee on Economic Affairs has given its approval on the much needed & awaited revamp of the WPI WPI taken to be a major indicator of Inflation in India  will now be calculated on a monthly rather than a weekly basis This change in the periodicity was based on the recommendation of a [...]
Inflation at 1.51%
October 30th, 2009 Praveen Bajaj Indian inflation measure WPI showed prices rose by 1.51% for the weekending October 17, 2009 over corresponding week last year. The rise was less than analyst’s expectation of 1.59%. Rise in index last year during this week was 10.58%.
As compared to last week the benchmark measure remained unchanged whereas compared to week ending September 19, WPI declined by 0.45%.
India Inflation Up 1.21%
October 22nd, 2009 Praveen Bajaj Wholesale Price Index (WPI) crept up by 1.21% over last year for the week ending October 10, 2009. After remaining in the negative territory for 3 months from June-August’09, benchmark inflation index registered a growth of more than 1% for the first time after May’09.