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Staying the course

Staying the course
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Exploring the factors behind India s decadal high tax revenue collections

India s veg oil demand durability seen uncertain; China, biodiesel demand bright spots

India s veg oil demand durability seen uncertain; China, biodiesel demand bright spots
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Price pressures on non-volatile items may keep core CPI high

India's retail inflation showed signs of price pressures easing in October the headline number fell to a three-month low of 6.77% but core inflation remained resolutely sticky around 6.0%, raising doubts about inflation moderating as projected by the RBI. Core inflation, which excludes volatile items in the CPI basket like food and fuel, has remained around 6% for more than two years.

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