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The nation has been gripped by rapid-fire economic reforms unleashed by the Congress-led UPA government. But a lot of these recent measures will lead to higher inflation in India, dimming the hope of cheaper credit and higher growth. Over the last few days, the government has announced a slew of reform measures such as foreign direct investment (FDI) in retail, aviation and broadcasting as well as diesel price hike and capping the number of LPG gas cylinders per consumer per year. However.... More Detail on: http://www.kyachadega.com/2012/10/economic-reforms-and-inflation-in-india.html

India's infrastructure sectors like coal, electricity cement and steel are all slowing down according to the January core sector data. Growth in eigh core industries slowed to 1.8 percent, lowest in thirteen months, due to negative expansion in crude oil and natural gas. The Reserve Bank of India (RBI) and the Ministry of Finance have agreed, in the biggest change to the monetary policy since opening up the domestic economy more than two decades ago, to introduce inflation targetting to rein in a long history of volatile price rises. The two sides set a consumer price or retail inflation target of 4 per cent, with a band of plus or minus 2 per centage points, by the financial year ending March 31, 2017.The central bank will first aim to have consumer inflation fall below 6 percent by January 2016.

US inflation continued to go up in June, the consumer price index jumped 9.1% than a year ago. Prices are rising at the fastest pace in 41 years.

Brokers said participants adopted a cautious approach and trimmed their positions ahead of wholesale inflation data for September, to be released later in the day and Q2 earnings by Reliance Industries, which has significant influence over 30-share Sensex. Reliance Industries has slashed its budget for developing the three main oil- and gas- producing areas in its showcase Andhra offshore field by $3 billion, citing an unexpected fall in reserves, sources told optiontips.in India plans to relax rules for oil and gas exploration licences in time for the next bidding round, in a move to attract global companies. More News on: http://www.kyachadega.com/2012/10/market-remain-flat-for-day-optiontipsin.html

With rupee gaining against the Dollar, gold prices on India's MCX is charting a positive trajectory. In the initial hours of the trade, MCX gold gained 0.14% to touch Rs.31083/10 grams.

With rupee gaining against the Dollar, gold prices on India's MCX is charting a positive trajectory. In the initial hours of the trade, MCX gold gained 0.14% to touch Rs.31083/10 grams.

There were quite a few triggers yesterday. First, the inflation numbers sort of cemented hopes of an interest rate cut from the Reserve Bank of India (RBI) on the January 29. Now, it is no longer a discussion on the street on whether it will move. What is being discussed is whether it will be 25 bps or 50 bps. So, I think that's one part of the story, though the consumer price index (CPI) numbers were not very encouraging and GAAR, was anyway always going to happen... Read Full report here- http://onlinetradingttips.blogspot.com

Samvat 2068 ended on a weak note as the BSE benchmark Sensex on Monday declined by over 13 points on selling by funds concerned over sticky retail inflation, weak industrial output and record-high trade deficit. In the 30-share Sensex, 19 stocks declined led by two most influential stocks, ITC and RIL that fell over 1 per cent each. Tata Steel, which fell 1.93 per cent, was the worst performer among the Sensex constituents.