Inflation, faltering growth hitting HNIs, says a Merrill Lynch report

Dated:October 13,2011


Credit Suisse says that rupee may depreciate further hurting Indian equities and pushing back rate cuts if foreign debt inflows were to disappoint.

Hyundai said Eon was conceived, designed & produced exclusively for Indian market. It will enter the roads at Rs 2.69L ex-showroom Delhi.

Rise in toasted category of HNIs in the country is getting affected in 'high inflation, slow growth' scenario being witnessed at present, Merrill Lynch said.


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