Tuesday, April 14, 2015

Developments - Sept- Nov' 2014

November 14, 2014
Wholesale Price Index (WPI)-based inflation declined to 1.77% in October, down from 2.38% in September.

November 12, 2014
Consumer inflation (CPI) fell to a record low of 5.52 per cent in October, dragged down by sharp drops in food and oil prices.

October 27, 2014
CAD down from 4.7 % to 1.7 % of GDP. Foreign exchange reserves up from $270 Bn to $315 Bn

14th October 2014
The Wholesale Price Index (WPI)-based inflation dipped to a 59-month low of 2.38% in September 2014 from 3.74% in August 2014.

30th September 2014
Q4 FY15 GDP growth projected at 5.6%, FY16 GDP growth projected at 6.3%

30th September 2014
Keeps key policy rates, CRR, SLR unchanged. RBI keeps repo rate unchanged at 8%, reverse repo rate stays at 7%

29th September 2014
RBI governor Raghuram Rajan unlikely to cut rates in September 30 monetary policy

15th September 2014
India is the 4th largest smartphone market globally after China, US & Brazil with 111 mn users (GSMA)

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