Economy Watch
A falling CPI is good for a growing economy.
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)
