Economy watch
The gradual decline in the rate of inflation is expected to lead to a softening of interest rates.
Inflation Rate
Status: 4.13 per cent on July 7, 2007.
Impact: The gradual decline in the rate of inflation is expected to lead to a softening of interest rates. If this trend continues, it will bring relief to both retail and corporate borrowers and provide a renewed fillip to the loan-fuelled economic boom.
Pe Deal Sizes
Status: $2.33 billion in H1, 2007.
Impact: India seems to be the most preferred destination for private equity among the BRIC countries. In the first half of 2007, the biggest deals were in the financial sector. The current interest in India is likely to sustain and there is likely to be more activity in the second half.
-Compiled by Anand Adhikari and Krishna Gopalan
