The Consumer Price Index or retail inflation stood at 4.39 per cent in September 2016. PTI file
12 October, 2017, 18:10
Industrial production (IIP) rose to 4.3 per cent in August, up from July's 1.2 percent growth.
The factory output growth, measured on the Index of Industrial Production (IIP), for April-August period accelerated to 2.2 percent from 5.9 percent in the same period last fiscal, as per the data released by the Central Statistics Office on Thursday.
Retail or consumer inflation rose at lower-than-expected 3.28 per cent in September, unchanged from August.
The Consumer Price Index (CPI) or retail inflation stood at 4.39 per cent in September 2016.
In my opinion, IIP growth will not sustain at this level, as base effect will keep shifting. It was forecast to accelerate to 2.5 percent. Inflation not easing further dampens hopes of India Inc for interest rate cuts. All this will basically impart upside risk to the baseline inflation trajectory.
In August, the annual inflation rate amounted to 1.2%.
"There will be improvement in aggregate demand for commodities during festive season", Hitesh Jain, associate vice president- research, IIFL Wealth Management. The rate continues to be below 4 per cent, the mid-term target set by the Reserve Bank of India (RBI).
The data revealed the overall food inflation moderated to 1.25 per cent in September from 1.67 per cent in the previous month. Economists believe that the inflation rate was driven by higher salaries of government employees as well as the impact of Goods and Services Tax (GST ). But, we also need to keep an eye on food prices.
Siddharth was thoroughly thrilled by Vaani in her previous projects, therefore chose to get her on board. He also said that he was looking for a young and fresh face for this movie and then he found Vaani.
I'm proud of belonging to this group and I'll never abandon it. "I'm sure that, all together, we'll come back stronger". The National team finished sixth in the South American q qualifiers missing out on a place in Russian Federation .
Dnb Asset Management As increased Caterpillar Inc (NYSE:CAT) stake by 1,200 shares to 75,097 valued at $8.07 billion in 2017Q2. According to them, the stock is expected to reach $N/A on a consensus level within the next year, according to Zacks.
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The total amount of shares outstanding is 201.39 million, giving the company a market capitalization of about 2.25 billion. The Cardinal Capital Management Llc holds 4.26M shares with $45.18 million value, up from 4.20M last quarter.
Saturday highs will be in the mid-70s, then near 80 on Sunday! A noticeable cool-down is on the way for the start of next week. Friday afternoon a cold front slows and comes to a halt to our northwest, that will allow for more clouds by Friday night.
Aberdeen Asset Public Uk stated it has 184,399 shares or 0.07% of all its holdings. 140,776 shares of the stock were exchanged. Van Hulzen Asset Management Ltd Liability Corp holds 0.16% of its portfolio in Realty Income Corp (NYSE:O) for 7,450 shares.
Also, Director Gilla Kaplan sold 7,500 shares of the company's stock in a transaction dated Wednesday, August 2nd. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.23 billion.
With 3,000 avg volume, 2 days are for Hopfed Bancorp Incorporated (NASDAQ:HFBC)'s short sellers to cover HFBC's short positions. Welch Investments LLC bought a new stake in shares of Philip Morris International during the first quarter worth $113,000.
The rating was maintained by Argus Research with "Buy" on Tuesday, October 20. (NYSE:HON) rating on Wednesday, April 26. Deily sold 4,344 shares of the company's stock in a transaction dated Monday, August 7th. (NYSE:HON) on Monday, May 8.
Boyle, 34, and Coleman, 31, were kidnapped by the Taliban-linked Haqqani network in October 2012. A video released by the Taliban past year had showed the family, including two young boys.
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Foldable iPhone in the works
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Broadcasters Sending 10000 Radios To Puerto Rico
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