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"WPI" tag
equities

US CPI to Surge, but is it All Base Effect?

The US raised $207 bln yesterday by selling bills and coupons with little fanfare.  The bid-cover on the three-year and 10-year sales were a little softer than at the last auctions. Today, the US will...

FM guns for 3% Fiscal Deficit, Divestment & 2G auction

Finance Minister – P. Chidambaram’s take on Fiscal consolidation, Divestment, 2G auction, Inflation management, Current account deficit (CAD), key legislation such as Direct tax Code (DTC). He unveiled a five-year roadmap for fiscal consolidation. The...

Chidambaram worried over Commodity speculation

While addressing the Development Committee meeting of the World Bank in Tokyo, Finance Minister P. Chidambaram wants urgent steps at the international level needs to initiate to curtail the diversion of foodgrains for alternative uses....