Tag: Inflation

Transmission rates steadily improving, inflation spike factored in, says RBI Guv

He added that the said the transmission of rate cuts have improved by 69 bps from earlier 35 bps and will improve further.

February 15, 2020

Opposition leaders to hold strategy meeting for budget session

The session will commence on January 31 with President Ram Nath Kovind's address to a joint sitting of both houses of Parliament and continue till February 11.

January 30, 2020

India’s wholesale inflation hits 2.59% in December

The annual inflation, based on monthly wholesale price index (WPI), was at 3.46 per cent during the same month a year ago.

January 14, 2020

Consumer Price Index rises sharply to 7.35 per cent in December 2019

The overall inflation in food, as reflected in the Consumer Food Price Index (CFPI) rose to 14.12 per cent in December 2019 as against 10.01 per cent in November and -2.65 in December 2018, according to data released by the National Statistical Office (NSO) on Monday.

January 13, 2020

Not only onions, prices of edible oil on rise due hike in global rates

The production of soybean, the major oilseed crop in the last Kharif season, is estimated to be down by about 18 per cent in the country as compared to last year.

December 21, 2019

‘I don’t eat much onion,’ says Finance Minister on rising prices of vegetable

Prices of onion in many places have crossed Rs 100 per kg because of less production.

December 5, 2019

Priyanka Gandhi attacks BJP government for ‘suppressing’ NCRB report on farmer suicide

NCRB data on farmer suicides in 2016 was finally released by the Modi government on Sunday which showed that there were over 11,370 farmer suicides across India, a rate of more than 31 suicides a day.

November 11, 2019

WPI of August remains unchanged, eases on YoY basis

"Build up inflation rate in the financial year so far was 1.25 per cent compared to a build-up rate of 3.27 per cent in the corresponding period of the previous year."

September 16, 2019

Cheaper fuel cost eases India’s June WPI to 2.02%

WPI data furnished by the Ministry of Commerce and Industry showed a decelerating trend as inflation had risen.

July 15, 2019

Imran Khan orders stern action against hoarding, unreasonable price hike

Pakistan's Federal Bureau of Statistics said the inflation increased 9.1 per cent in May 2019 as compared to May 2018.

June 28, 2019

Our economics textbooks are mostly flawed – here’s why!

Most economics textbooks have perfect theories, but those theories do not work well in developing nations like India. Debarghya Deb, an aspiring economist and student of class XI (The Levelfield School, Suri), explains why.

September 21, 2018

India Shining but…

India has doubled its GDP within a decade and is expected to become a key economic player in Asia soon. China has slowed down over time. More importantly, the IMF has projected India to generate a growth rate of 7.4 per cent this year and 7.8 per cent next year, boosted by its household spending and a bold indirect tax reform

September 4, 2018

Asian cues, inflation subdue equity indices; Nifty50 ends below 11,000

Weak Asian cues and rise in wholesale inflation subdued the key Indian equity indices on Monday, with the wider Nifty50 closing below the 11,000-mark.

July 16, 2018

Retail inflation at five-month high of 5 pc in June

As per the data released by the Central Statistics Office (CSO), the inflation in the food basket was 2.91 per cent, compared to 3.1 per cent in May

July 12, 2018

Bankers claim rupee may hit 70 mark this week

The Reserve Bank of India (RBI), however, will not be comfortable with the currency touching 70 .

July 8, 2018

To hike rate or not? RBI panel to brainstorm for 3 days

The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate (repo) by the Reserve Bank of India (RBI).

June 3, 2018

RBI expects inflation to rise to 5.1 pc, repo rate unchanged

The Reserve Bank of India on Wednesday maintained status quo on key interest rates and predicted that retail inflation would rise to 5.1 per cent in the last quarter of this financial year. In line with expectations, the RBI’s monetary policy committee (MPC) kept the repurchasing ~ or repo rate at which it lends to …

Continue reading "RBI expects inflation to rise to 5.1 pc, repo rate unchanged"

February 7, 2018