NIFTY  9,604.90  0.10%
  SENSEX  31,109.30  0.26%
 CURRENCY  Rs  64.45/$ 72.07/€, 82.52/£
  GOLD  28,919.00  0.11%
  SILVER  40,360.00  0.67%
  DAX  12,629.00  0.21%
  FTSE  7,547.63  0.40%
  CAC  5,332.47  -0.07%
  HANG SENG  25,701.60  0.24%
  NIKKEI  19,682.60  -0.02%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,080.30  -0.01%
  NASDAQ  6,210.19  0.08%
  S&P 500  2,415.82  0.03%
EARNINGS REPORT - Jagran Prakashan To Pay Dividend Of Rs 3/Share EARNINGS REPORT - Jagran Prakashan Q4 Net Sales At Rs 455 Cr Vs Rs 425 Cr, Up 7% YoY

“Lower Prices Key For Consumer Demand, Industrial Growth”

Video:

Play this video

October 14: CARE Ratings’ Madan Sabnavis expects WPI near 6% and CPI near 9.6% but says these numbers are broadly irrelevant. Inflation data is important only as benchmarks for the RBI when they map policy, he says. Price levels in markets are still very high, which raises the cost of living and hurts sale of consumer durable goods, he adds.