macro CPI key to monetary policy; tweak food basket as per housing spend trends: Economists Commerce Minister Piyush Goyal said basing the rate decision on food prices, which are inherently volatile due to seasonality, is a “flawed theory”. By Ashutosh Kumar
macro Time to take inflation seriously as ripple effect may maul the economy Finance Minister Nirmala Sitharaman, during an SBI event in Mumbai this week, called for a rate cut while saying the govt is watchful of the emerging slowdown concerns By Ashutosh Kumar
multimedia Must not use weak exchange rate as a guard against industrial inefficiencies: CEA Explaining the China model, the CEA said China's exchange rate policy was an add-on over and above the productivity gains the producers were bringing to exports. By Ashutosh Kumar
macro Food inflation under Modi rule inching towards UPA-era highs The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%. By Ashutosh Kumar
multimedia Govt fully committed to third largest economy goals: FM She said the government is fully aware of the macro economic challenges being faced on the back of domestic and global factors. By Ashutosh Kumar