NIFTY  9,595.10  0.90%
  SENSEX  31,028.20  0.90%
 CURRENCY  Rs  64.62/$ 72.34/€, 83.25/£
  GOLD  28,828.00  0.58%
  SILVER  40,060.00  0.65%
  DAX  12,621.70  -0.17%
  FTSE  7,517.71  0.04%
  CAC  5,337.16  -0.07%
  HANG SENG  25,639.30  0.03%
  NIKKEI  19,686.80  -0.64%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,082.90  0.34%
  NASDAQ  6,205.26  0.69%
  S&P 500  2,415.07  0.44%
INDIAN HOTELS - MD & CEO Rakesh Sharma Resigns Due To Personal Reasons Effective Sept 30 EARNINGS REPORT - Divi's Labs To Pay Dividend Of Rs 10/Share

“Interest Rate Cut In 2014 Looks Difficult”

Video:

Play this video

January 22: An RBI panel has recommended that monetary policy be set by a Committee and that consumer price index (CPI) inflation be used as the nominal anchor for policy making. The panel recommends bringing CPI inflation down to 4% in three years. Speaking to Bloomberg TV India about the same, Ashvin Parekh, Senior Expert Advisor, Ernst and Young, says, “Now the government will also play an important role in determining policy.”