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  News Details
Good News
Bhagwati Auto Reports Good Results
No. of Trading Holidays comes down to 11
Gems and Jewellery Exports Rise 55%
Citibank Repays USD 20 bn to US Govt
November Core Sectors Growth Impressive
Bad News
Nifty May at Discount
3G Bids will Hurt Telcos
Political Instability is a worry
Inflation may Cross double digits by March
FII Investment in December may not cross October figure
  Inflation falls to 15 month low

Inflation Rate fell to a low of 3.36 per cent last week. This is the lowest inflation rate in the last 15 months and it is certainly a good sign. If the proposed reduction in the price of diesel comes about –though we feel it will not be announced- the rate may fall even further. This may come as a good campaign tool for the UPA as price rise was a major political issue a few months back.