India's Inflation Eases In February

India's Inflation Eases In February

India's retail inflation fell to 4.4 percent in February as prices of vegetables and other food and beverages softened, data released by Central Statistics Office on Monday showed.

The IIP growth in January this year was mainly on account of uptick in manufacturing sector which constitutes 77.63 percent of the index.

Capital goods, a barometer of investments, showed a sharp increase in output by 14.6% in January, 2018 as against a decline of 0.6% year ago.

Last month, the RBI's Monetary Policy Committee (MPC) estimated inflation at 5.1 per cent in the quarter ended March, including the impact of house rent allowance.

Goldman Sachs' Schwartz to retire, narrowing field for Blankfein's replacement
Harvey has been a mentor to many, and his influence has made an indelible impact on generations of professionals at Goldman Sachs. Solomon ended up taking a demotion to join Goldman Sachs, a bet that now seems to have paid off in spades.

India's annual consumer price inflation remained steady in September from the. However, the rate of price increase was higher for transport and communication services at 2.39 per cent (1.97 per cent January). However, the core CPI inflation rose marginally to 5.04% in February 2018 compared with 5.00% in January 2018.

As many as 16 of the 23 industry groups registered positive growth during the month when compared to the corresponding period in 2017.

IIP grew at 4.1% in April-January this fiscal as compared to 5% in same period in previous financial year.

Related Articles

  • Waffle House Waitress Gets A Scholarship After Helping Customer

    Waffle House Waitress Gets A Scholarship After Helping Customer

    Wolf told KHOU-TV that William's kindness, despite how busy the restaurant was, really made an impression on her. Evoni is working at Waffle House in order to save up for college. "That was very kind and sweet", said another.
    Dropbox aims to raise up to $648 million in IPO

    Dropbox aims to raise up to $648 million in IPO

    This announcement builds on an existing relationship between Salesforce and Dropbox, including the Dropbox for Salesforce app. In addition to this, Salesforce will use Dropbox Enterprise and Dropbox will extend its use of Salesforce products.

    Morgan Stanley Trims WPP (WPP) Target Price to GBX 1475

    Shares of Glencore ( LON:GLEN ) traded up GBX 6.50 ($0.09) during mid-day trading on Thursday, reaching GBX 369.80 ($5.11). Capital & Regional plc operates as a co-investing property asset management firm in the United Kingdom and Germany.
  • Bose Dives Into Augmented Reality With A Pair Of Smart Glasses

    Bose Dives Into Augmented Reality With A Pair Of Smart Glasses

    Developers interested in the Bose AR platform can sign-up for more information and the Bose AR SDK over on Bose's developer site .
    Philips Hue outdoor lighting range detailed - coming this summer

    Philips Hue outdoor lighting range detailed - coming this summer

    The first is the Hue Lily , which is a spotlight that can be used to draw attention to certain parts of your outdoor area. Summer is quickly approaching here in the United States, which for most of us means more time spent outside.
    Zinedine Zidane: 'Karim Benzema record speaks for itself'

    Zinedine Zidane: 'Karim Benzema record speaks for itself'

    But Real Madrid were not to be denied the three points and it was Ronaldo, in the 84th minute, who grabbed the victor . PSG would also like to see Champions League success, and the club recently was eliminated by Real Madrid.
  • Driver Flees Car Crash Despite Sledgehammer Being Swung At Him

    Driver Flees Car Crash Despite Sledgehammer Being Swung At Him

    Another man then gets a sledgehammer and starts breaking every window, an action that one witness says may have gone too far. Onlookers rushed to stop the driver of an SUV who crashed into several parked cars in Miami Sunday morning.
    West Indies to play 3 T20s in Karachi next month

    West Indies to play 3 T20s in Karachi next month

    Sethi also informed that International Cricket Council's security consultant Reg Dickason will visit Karachi during the PSL final. Sethi also confirmed that this season's final of the Pakistan Super League (PSL) will also be played in Karachi .
    Apple's New MacBook Air Could Feature A Retina Display

    Apple's New MacBook Air Could Feature A Retina Display

    As for the assembly, Quanta Computer obtains 70% of the orders and Foxconn Electronics (Hon Hai Precision Industry) 30%. However, the MacBook Air 2018 will come with LG-made Retina Displays, thus, we should expect high-quality displays.
  • Beyonce Officially Announces 'On the Run II' Tour With JAY-Z

    Beyonce Officially Announces 'On the Run II' Tour With JAY-Z

    Beyonce and Jay Z will take the show to the London Stadium on Friday 15 June with other dates in Manchester, Cardiff and Glasgow. It's part of the On the Run 2 tour, which comes after their tour in 2014.
    French league will investigate fan violence in Lille

    French league will investigate fan violence in Lille

    A line of stewards were trying to restrain the fans who were shouting insults at the players and the club hierarchy from the North Stand of the Stade Pierre-Mauory.
    Four days into official visit, Tillerson falls sick in Kenya, cancels engagements

    Four days into official visit, Tillerson falls sick in Kenya, cancels engagements

    Tillerson's visit, according to US Department of State, is to further US partnerships with the governments and people of Africa. Ambassador to Kenya Bob Godec and Kenyan Health Minister Sicily Kariuki would attend events on Saturday morning.