August, 2016
Issue No. 9

From Our Desk

It is not always easy to look back on a month gone by and cherry pick a single, isolated piece of news for having changed the meridian. July, however, will easily stand out for being the month of report cards. As a quick scan will show, Q1 results by most PSU’s and private sector banks has been dismal. This can mostly be attributed to the Reserve Bank of India’s insistence on lenders to come clean on their bad loans.

  Policy Watch

India's inflation dynamics

The dynamics of consumer price inflation (CPI) in India has effectively sandboxed chances of substantial interest rate cuts. Consumer inflation, measured as year-on-year changes in the consumer price index dropped below five per cent in February and March this year, before resurfacing above the Reserve bank of India’s stated comfort level. It has been above five per cent since then.
©2015 Adfactors PR | Publisher: Arwa Husain, Editor: Smita Sengupta, Design: Rohit Chowdhary and Gopal Pathak
For private circulation only