Hopes of an early rate cut were rekindled on Thursday as retail inflation fell back within the central bank's tolerance band in November, while factory output hit a three-month high in October, in good news for the economy that slowed in the second quarter. Retail inflation based on the consumer price index fell to a three-month low of 5.48% in …
For consumer durables companies, the seasonally weak December quarter means financial results would be tepid. View Full Image Graphic: Mint Thus, Crompton Greaves Consumer Electricals Ltd and Orient Electric Ltd’s fans volumes are expected to see pressure in Q3. In Q3, analysts at PhillipCapital estimate a year-on-year revenue growth of 10% and earnings drop of 0.1% for consumer durables companies …
