Rate hike may boost inflation
RBI's recent hike in bank rate by one percentage point is anticipated to add to the inflationary pressure and keep the annual rate of inflation based on the wholesale price index (WPI) to over 6% level.



Naik to wait and watch as crude dips
A fissiparous OPEC (Organisation of Petroleum Exporting Countries) did manage to bring crude oil prices down last week.



FIIs pull out Rs 1300 cr in 3 weeks
It seems to be a `quit India' time for foreign investors. The intensity of selling by foreign institutional investors (FIIs) has taken the stock markets for a surprise.



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