Page 11 - Cpi
MPC reassures status quo on rates, but changes view on inflation
The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth
 "MPC reassures status quo on rates, but changes view on inflation")
Indian shares rise on auto, financials boost; June CPI data awaited
Auto and financial stocks boosted Indian shares on Monday, ahead of the release of retail inflation data for June, with investors preparing for major corporate earnings due later in the week
 "Indian shares rise on auto, financials boost; June CPI data awaited")
RBI lowers FY22 GDP forecast to 9.5%, CPI inflation projected at 5.1%
Going forward, the inflation trajectory is likely to be shaped by uncertainties impinging on the upside and the downside. The rising trajectory of international commodity prices, especially of crude
 "RBI lowers FY22 GDP forecast to 9.5%, CPI inflation projected at 5.1%")
At 4.2% in April, US consumer prices jump most since 2009, beat estimates
The consumer price index increased 0.8 per cent from the prior month, reflecting gains in nearly every major category and a sign burgeoning demand is giving companies latitude to pass on higher costs
 "At 4.2% in April, US consumer prices jump most since 2009, beat estimates")
RBI's renewed challenges
The second wave could increase risk for the banking system
 "RBI's renewed challenges")
Market impact of positives from the MPC meet may be seen with a lag
Overall RBI monetary policy was on expected lines and the policy statement highlighted its commitment to do whatever it takes to ensure financial stability
 "Market impact of positives from the MPC meet may be seen with a lag")
Inflation woes: Here's how experts have interpreted CPI, WPI numbers
Most experts say the numbers are worrisome and can dent the economic recovery going ahead. Here's how economists at leading brokerages and research houses have interpreted the numbers
 "Inflation woes: Here's how experts have interpreted CPI, WPI numbers")
TN polls: Communist Party of India announces candidates for 6 seats
The CPI on Sunday announced its list of candidates for six seats it is contesting in alliance with the DMK
 "TN polls: Communist Party of India announces candidates for 6 seats")
D-Street party continues; Sensex ends 610 pts higher at 52,154; banks rally
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
 "D-Street party continues; Sensex ends 610 pts higher at 52,154; banks rally")
Inflation staying above 6% seen as risk to RBI's interest rates path
Headline inflation has stayed above 6% for the past two quarters
 "Inflation staying above 6% seen as risk to RBI's interest rates path")
CPI criticises Union Budget, says it is pro-corporate, nothing for poor
The Communist Party of India (CPI) on Monday criticised the union budget, claiming it was pro-corporate and big businesses and has nothing for the poor.
 "CPI criticises Union Budget, says it is pro-corporate, nothing for poor")
CPI to discuss on Assembly polls in two-day national council meet
A two-day meeting of the CPI's national council meeting to be held here would discuss preparations for the forthcoming Assembly elections in Kerala, West Bengal, Tamil Nadu, Puducherry and Assam.
 "CPI to discuss on Assembly polls in two-day national council meet")
Farmers' protests: DMK, CPI stage demonstration seeking repeal of farm laws
Slogans were raised protesting against the laws and demanding their unconditional repeal.
 "Farmers' protests: DMK, CPI stage demonstration seeking repeal of farm laws")
October retail inflation for industrial workers increases to 5.91%
The retail inflation for industrial workers increased to 5.91 per cent in October.
 "October retail inflation for industrial workers increases to 5.91%")
CPI objects to LVB merger with DBS Bank, asks what's the tearing hurry
Party General Secy D Rajan wants the ailing lender to be merged with a PSU bank instead, says this has been done in many cases in the past
 "CPI objects to LVB merger with DBS Bank, asks what's the tearing hurry")
Bihar results show wrong to write-off Left; could have won more: Yechury
The Left parties contested 29 seats in the Bihar Assembly elections.
 "Bihar results show wrong to write-off Left; could have won more: Yechury")
Trump's imminent loss in US polls definite blow to right-wing forces: CPI
The CPI said that the imminent defeat of President Trump in the US election was a "definite blow" to the right-wing forces and their policies, adding that this would be replicated in the Bihar polls
 "Trump's imminent loss in US polls definite blow to right-wing forces: CPI")
Rising food inflation temporary affair; to be back to normal soon: DEA Secy
The Wholesale Price Index (WPI)-based inflation rose to 1.32 per cent in September 2020, mainly on the back of costlier food articles
 "Rising food inflation temporary affair; to be back to normal soon: DEA Secy")
New inflation index to impact DA, 30 mn govt staff to get more pay
The CPI-IW hasn't been revised since 2001 - an exercise which should usually take place every five years
 "New inflation index to impact DA, 30 mn govt staff to get more pay")
CPI, CPI(ML) join hands with Cong to contest Assam Assembly polls unitedly
The opposition Congress in Assam on Thursday announced that it has joined hands with two Left parties - CPI and CPI(ML) - for a united fight
 "CPI, CPI(ML) join hands with Cong to contest Assam Assembly polls unitedly")