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India inflation likely cooled in August, but still above RBI target range – Reuters poll

India inflation likely cooled in August, but still above RBI target range – Reuters poll
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India inflation likely cooled in August, but still above RBI target range

India inflation likely cooled in August, but still above RBI target range
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Inflation Cools In August, But Still Above RBI Target: Report

Forecasts ranged between 6.50% and 7.65%, with almost two-thirds of respondents expecting inflation to be 7.00% or higher.

High inflation and interest rates: Impact on investors, markets

The shape of the earnings growth trajectory this year is more critical than in an average year the so-called Goldilocks scenario for India, the ideal state in which all factors in an economic system are just right, depends on it.

Economy likely grew 7 8% in Q1, say economists

India s economy is expected to have grown by 7.8% in the June quarter, supported by resilient domestic demand and government capital expenditure. The services sector is seen as the biggest contributor to growth, with construction activity providing support. Manufacturing also witnessed robust growth, driven by lower commodity prices.

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