Thursday 15 January 2015

Top economic news of the day - January 15, 2015

The wholesale price index (WPI) -based inflation rose marginally to 0.11% in December from 0% the previous month, mainly on account of an increase in prices of food items, particularly fruits.

The finance ministry is planning to raise Rs50bn from the Central Public Sector Enterprises (CPSE) exchange-traded fund (ETF) by the end of 2014-15.

Indian economy is likely to expand by 6.4 % this year, driving the economic growth in South Asia, according to a United Nations report which said progress in implementing much-needed structural reforms is likely to boost India's economic performance in 2015.

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