Trending:
December 9, 2024, 03:44 PM - 2 min read
"We expect CPI inflation to edge down to 5.5% YoY in November from 6.2% YoY in October, aided by a moderation in food prices, even as core inflation ticks up and fuel prices continue to decline. On a sequential basis, we anticipate the index to decline due to contracting food prices and a deceleration in core CPI," a recent report by Morgan Stanley said.
Read moreDecember 6, 2024, 07:08 PM - 4 min read
The Reserve Bank of India’s Monetary Policy Committee (RBI MPC) has decided to keep the repo rate unchanged at 6.5% for the 11th consecutive time, Governor Shaktikanta Das announced on Friday. The GDP growth projection for FY 2025-26 is set at 6.6%.
Read moreDecember 6, 2024, 05:37 PM - 3 min read
The Reserve Bank's efforts are focused on keeping the inflation horse under a "tight leash", Governor Shaktikanta Das said on Friday as the central bank opted for a status quo in policy rates for the 11th consecutive time.
Read moreNovember 11, 2024, 03:59 PM - 3 min read
According to a report by the Union Bank of India(UBI), retail inflation based on the Consumer Price Index is seen jumping to 6.15 per cent, breaching RBI's 6 per cent tolerance band.
Read moreSeptember 17, 2024, 06:12 PM - 3 min read
Wholesale inflation fell to 1.31% in August, a 4-month low, due to lower vegetable and fuel prices, despite spikes in onion and potato costs. This marks a second consecutive monthly decline after May's high of 3.43%.
Read moreSeptember 16, 2024, 05:44 PM - 3 min read
The government’s Household Consumption Expenditure Survey for 2023-24 shows results similar to the 2022-23 survey, leading to the likely use of the earlier data for the new Consumer Price Index (CPI) series, amid discussions on updating the base year and revising the CPI basket.
Read moreSeptember 8, 2024, 11:02 AM - 2 min read
Equity markets this week will be influenced by macroeconomic data releases, including CPI inflation and industrial production, global oil price movements, and foreign investor trading, with attention also on potential US Fed rate cuts and upcoming US inflation data.
Read moreAugust 12, 2024, 06:03 PM - 2 min read
Retail inflation in India fell to a five-year low of 3.54% in July, dipping below the Reserve Bank's 4% target for the first time since September 2019, according to government data released on Monday.
Read moreMarch 12, 2024, 09:05 PM - 2 min read
Aditi Nayar, Chief Economist at ICRA, projected a dip in headline CPI inflation to below 5% in March, primarily attributed to reductions in fuel and light prices. However, she cautioned that food inflation is likely to remain elevated above 7%.
Read more