
VRITTAM (10 NOV 2014 - 16 NOV 2014)
THE WEEKLY FINANCIAL NEWS
WPI inflation in Oct falls to five-year low
Inflation
based on the Wholesale Price Index (WPI) eased to a five-year low in October
which, coming on the back of other positive data released this week, will put
additional pressure on the Reserve Bank of India (RBI) to reduce borrowing
costs to support a nascent economic recovery. Wholesale price inflation
moderated to 1.77%...