Morgan Stanley
India | Friday, 25 July 2008

Economy Articles

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1. Double Whammy: RBI's move set to hit India Inc., consumers
The sudden hike in key interest rate and commercial banks' mandatory reserve requirements by 50 basis points (bps) by the central bank of India has unnerved both corporate leaders and consumers.
26 Jun 2008
2. India's central bank RBI hikes repo rate, CRR by 50 basis points to tame inflation
India's central bank, the Reserve Bank of India (RBI) moved Tuesday to hike key interest rate as well as banks' mandatory reserve requirement by 50 basis points (bps) or 0.50 percent in an effort to tame inflation.
25 Jun 2008
3. World Bank cuts 2008 GDP growth outlook, blames high food and fuel prices
Global financial crisis, economic slowdown in developed economies and surging inflation are going to hinder the rapid pace of growth in developing economies this year, the World Bank said.
18 Jun 2008
4. India has "exciting growth potential" but must work harder: Goldman Sachs
Global investment bank Goldman Sachs has suggested that the Indian economy has the potential to grow 40 times bigger by 2050 but it has to work harder to achieve its potential.
17 Jun 2008
5. BSE Sensex discounts high inflation rate, surges 99 points on strong economic growth data
The benchmark index of the Bombay Stock Exchange (BSE) climbed 0.61 percent on Friday, riding on strong economic growth data even as high inflation rate threatened to dampen market sentiments.
30 May 2008
6. India's economy can grow at 10 percent, but current inflation level "dangerous": Kamath
India can look forward to an average annual economic growth of 8.6 percent for the next five years, if the fiscal measures taken by the Indian government take their desired effect, leading industry lobby Confederation of Indian Industry (CII) said.
23 May 2008
7. Inflation to moderate by September, economy on track for 9 percent growth: Ahluwalia
The Deputy Chairman, Planning Commission, Dr. Montek Singh Ahluwalia has allayed fears that the prevailing steep annual inflation rate could derail India's economic growth, by saying that India could still attain an average 9 percent annual growth in the five-year period ending 2011-12.
23 May 2008
8. Annual inflation rate in India edges towards 8 percent; FinMin "concerned"
India's wholesale price index (WPI)-based inflation rate has risen to 7.83 percent in the 12 months to May 3, marginally higher than previous week's annual rise of 7.61 percent, even as India's Finance Minister continues to reassure the people that price rise will moderate in a few weeks.
17 May 2008
9. NCAER projects India's economic growth at 8.9 percent in FY09
India's premier economic research institution, National Council for Applied Economic Research (NCAER) said the nation's economy would grow at 8.5-8.9 percent during the current fiscal year (2008-09).
07 May 2008
10. Rising food prices will make inflation control difficult, hamper economic reform: PM
A sharp rise in prices of food will make controlling inflation difficult and impede economic reform, India's Prime Minister Dr. Manmohan Singh has warned.
12 Apr 2008
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