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According to the study, India’s threshold consumer inflation — a level beyond which price rise hurts growth — is 6%. Currently, the flexible inflation target is 4% that can move 2 percentage points either way.
SGX Nifty down 75 points; here's what changed for market while you were sleepingStocks in other Asian markets climbed this morning as investors weighed the sustainability of the latest selloff in bonds. A regional gauge edged higher. Japan’s Nikkei rose 0.8% but Korea's Kospi looked weak. Markets are clo… Read MoreSBI home loan rates now start from 6.95%The country’s largest lender SBI has said on its website that its home loan rates will start from 6.95%, effective April 1. Last month, the public sector bank had announced a special offer valid till March 31, wherein home lo… Read MoreStocks in the news: RIL, SBI, Future Retail, Dalmia Bharat and VedantaSBI, the country’s largest lender, said on its website that its home loan rates will start from 6.95%, effective April 1.
from Stocks-Markets-Economic Times https://ift.tt/31Lzcd9
… Read MoreNCLT dismisses plea to conclude HDIL Mumbai project’s transferHDIL had executed an agreement to transfer the project, HDIL Majestic Tower, in Mumbai’s Nahur suburb before the initiation of Corporate Insolvency Resolution Process (CIRP) against it.
from Stocks-Markets-Economic Times htt… Read MoreView: Why India needs flexible inflation targettingIn the longer term therefore, we must revisit the voting power of MPC members. Perhaps increase the number of external members to four, or give the casting vote to an external member to offset the ‘majesty’ of the governor’s … Read More
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