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India’s Inflation to Soften From November, Ahluwalia Says

By Sharang Limaye - 2011-10-18T08:00:13Z

India’s inflation rate will start softening from November and will be “signicantly lower” by March next year, Montek Singh Ahluwalia, deputy chairman of the country’s Planning Commission, said in Hyderabad today.

To contact the reporter on this story: Sharang Limaye in Hyderabad at slimaye@bloomberg.net

To contact the editor responsible for this story: Abhay Singh at abhaysingh@bloomberg.net

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See today's average mortgage rates across the country. Source: Bankrate.com
Type	Today	1 Mo
30-Year Fixed	3.76%	3.81%
15-Year Fixed	3.07%	3.05%
5/1-Year ARM	2.64%	2.71%
3/1 Year ARM	2.64%	2.67%
1-Year ARM	3.55%	2.78%
30 Year Jumbo	4.38%	4.42%
15-Year Fixed Jumbo	3.60%	3.63%
5/1-Year ARM Jumbo	2.89%	2.89%

Rates may include points.

See today’s average home equity rates across the country. Source: Bankrate.com
Type	Today	1 Mo
30000 USD	6.42%	6.40%
Home Equity Loan	7.01%	7.47%
HELOC 30000 USD	5.53%	5.47%
HELOC Loan	3.95%	3.63%
Credit Union HELOC	4.30%	4.35%

See today’s average savings rates across the country. Source: Bankrate.com
Type	Today	1 Mo
5-Year	1.49%	1.49%
2-Year	0.90%	0.90%
6-Month	0.52%	0.52%
1-Month	0.11%	0.11%
5-Year Jumbo	1.49%	1.49%
2-Year Jumbo	0.87%	0.90%
1-Year Jumbo	0.72%	0.75%
6-Month Jumbo	0.48%	0.48%
1-Month Jumbo	0.11%	0.11%

See today’s average auto loan rates across the country. Source: Bankrate.com
Type	Today	1 Mo
New 36 Month	3.09%	3.16%
New 48 Month	3.88%	3.28%
New 60 Month	3.32%	3.49%
Used	4.33%	4.37%

See today’s average credit card rates across the country. Source: Bankrate.com
Type	Today	1 Mo
Standard Variable	14.10%	14.10%
Standard Fixed	14.43%	14.43%
Gold Variable	12.59%	12.59%
Gold Fixed	11.99%	11.99%
Platinum Variable	14.69%	14.74%
Platinum Fixed	13.72%	13.72%