Business Today

Economy Watch

A falling CPI is good for a growing economy.

     Print Edition: Sept 23, 2007

Consumer Price Index

Status: 5.7 per cent in the first quarter (April-June) of 2007-08.

Impact: A falling CPI is good for a growing economy as any rise in the cost of living will directly impact the competitiveness of the goods and services produced and exported by a country.

Aum of Debt Funds

Status: Rs 3,19,476 crore as on July 31, 2007.

Impact: Assets under management of debt funds are on the rise due to the peaking of the equity market and fears of a large correction coming sometime soon.

(Compiled by Anand Adhikari)

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