India's rising retail prices stoke worries of stagflation
Annual retail inflation increased to 5.54% last month, faster than the 4.62% rate in October.
November retail inflation reaches 5.54%, at 3-year high
Higher food prices contributed to the spike. Food price inflation (Rural and urban) climbed 10.01% in November.
50% equity mutual funds underperform their benchmark in 2019
Though 2019 numbers show some improvement over 2018, the average returns from all the mutual fund categories can still frustrate most mutual fund investors.
Reliance Jio, Airtel tariff hikes likely to elevate core inflation
Das noted that timing of interest rate cut was important rather than mechanical cuts.
Following our core philosophies helped the turnaround of most funds, says Vinit Sambre, DSP Mutual Fund
DSP Midcap Fund and DSP Small Cap Fund have outperformed their benchmarks and categories in the long term. Other equity schemes, including DSP Equity Opportunities, DSP Equity and DSP Tax Saver are also among the toppers in their respective categories.
Has Guv Das turned hawkish? Key takeaways from RBI money policy
The MPC revised down real GDP growth for 2019-20 from 6.1% in October policy to 5%.
Good coordination with government on policy measures: Shaktikanta Das
The governor said the central bank would like to see greater clarity on the impact on the government's counter-cyclical measures to push growth, stressing that the central bank is "not worried" over the government missing the fiscal deficit target. Das said inflation is seen rising in the near-term, but is likely to moderate soon.
Core sector output for October contracts further to 5.8 per cent
The index was dragged down by electricity which reported a de-growth of 12.4% vs -3.7% in Sept.
S&P reaffirms India’s sovereign rating at BBB- with stable outlook
“S&P has reaffirmed sovereign rating of India at BBB- with stable outlook. They have stated that India’s economy continues to achieve impressive long-term growth rates despite a recent deceleration,” economic affairs secretary Atanu Chakraborty said in a tweet.
ET Explains: What went wrong with the Q2 GDP growth
A granular look reveals the disarray: All lead indicators point to a dismal manufacturing growth.
Sebi bars 4 firms from carrying out investment advisory services
"There is an urgent need to stop the investment advisory activities of the investment adviser," Sebi said in the orders.
China, US hold phone call on trade talks, discuss core issues
Commerce Minister Zhong Shan, central bank governor Yi Gang and vice head of state planner Ning Jizhe also participated in the phone call.
RBI may cut rates again to support growth
In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis points.
Slumping growth opens the door for more RBI rate cuts
The RBI already has cut rates by 135 bps in 5 moves this year, the most by any Asian central bank.
Dip in Q2 GDP numbers was expected: Ex-finance Secy Subhash Chandra Garg
Former Finance Secretary Subhash Chandra Garg on November 29 shared his views on GDP growth rate slump to 4.5 percent. He said that the fall...
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