INDIA: CPI Inflation at 22 Month High – Rate Cut Unlikely
Consumer Price Index (CPI) inflation came in at 5.8% in June 2016, similar to the rise recorded in May 2016 – the highest rate since August 2014....
302 Views
INDIA: IIP Anemic Growth of 1.2% Inconsistent with GDP Growth of over 7%
The Index of Industrial Production (IIP) rose by an anemic 1.2% y-o-y in May 2016 after having declined by 1.3% y-o-y in April 2016. However, on a...
286 Views
India: Trade Data Indicate Further Weakenss in Economy
Exports and imports declined by 6.7% y-o-y and 23.1% y-o-y in April 2016 compared to a fall of 5.5% y-o-y and 21.6% y-o-y in March 2016...
298 Views
TVS Motors 10% EBITDA Mirage
TVS Motor Co Ltd reported its 4Q 2016 earnings and much like in quarters of the past , disappointed just at the cusp of investors thinking EBITDA...
311 Views