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On July 01, 2016 17:01 (IST)
The other factors that are likely to aid consumption-led recovery include household savings of 0.4 per cent of GDP, on account of lower oil prices and an increase in wheat prices to implement the Swaminathan formula before the UP polls in the summer of 2017.
On June 15, 2016 16:03 (IST)
According to global financial services major Bank of America Merrill Lynch investors should not read much into the higher May CPI inflation print at 5.76 per cent as it was entirely drive by higher agricultural inflation.
On May 27, 2016 18:57 (IST)
Retail inflation soared to 5.39 per cent in April on higher food prices, reversing a downward trend seen in recent months.