Macroeconomic

  • Macro factors, market to decide rupee value: Chidambaram September 5, 2013

    Mumbai: The value of the rupee will be decided by macroeconomic conditions, Finance Minister P Chidambaram said on Thursday, adding that he expected some recovery in the currency after sharp losses since May. Chidambaram said the current value of the rupee was a matter of concern but that the currency had...
  • Current account deficit may dip to 4.5 per cent: ICRA May 29, 2013

    Kolkata: India's current account deficit, which was around 5 per cent of the country's gross domestic product (GDP) last fiscal, is expected to decline to 4.5 per cent this fiscal, rating agency ICRA said on Tuesday. "This is based on the expectation that incentives announced by the government of India would...
  • Inflation seen range-bound this fiscal year, says RBI May 3, 2013

    Mumbai: Inflation is likely to be range-bound and stay around the current levels in this financial year as supply-side issues, along with recent price adjustments in fuel prices, will offset the recent gains, RBI said on Thursday. "Headline inflation in 2013-14 is expected to remain range-bound around the current levels,"...
  • Rural consumers will hold the key to stocks' success January 22, 2013

    From a macroeconomic perspective, 2012 for India was close to the worst that could have been forecasted in late 2011. Back then, it was called sensationalist to forecast a 5 percent GDP growth, a mid-50s steady-state value for the rupee against the US dollar, a sticky 7 percent-plus wholesale price...
  • Health outlay to be increased to 2.5 pc of GDP February 29, 2012

    New Delhi: As directed by the Prime Minister a meeting was held in PMO on Government's priorities in Health sector, particularly over the next 5 years. The meeting specifically focused on implementation of recommendations of the National Commission for Macroeconomics & Health (NCMH) and the High Level Expert Group (HLEG) on...
  • RBI releases macroeconomic report before credit policy January 28, 2008

    New Delhi: The Reserve Bank of India will come out with its credit policy on Tuesday. A day before the credit policy meet, the bank also releases a macroeconomic report. Biz confidence surveys show weak sentiment on high crude prices. CPI higher than WPI reflecting impact of high food prices. ...