Repeated hikes in CNG, petrol and diesel prices across metro cities are expected to increase commuting and logistics costs, adding fresh pressure on consumers and transport operators.
Congress president Mallikarjun Kharge on Monday launched a sharp attack on Prime Minister Narendra Modi over rising inflation, unemployment and the condition of the economy, alleging that the Centre had failed to provide relief to citizens struggling with financial hardship.
India’s inflation numbers are beginning to tell two very different stories. One is reassuring.
Americans are paying more for groceries, gasoline and other everyday necessities as inflation accelerates again, with economists increasingly pointing to geopolitical conflict and energy disruptions as key drivers of rising living costs.
A sharp increase in petrol and diesel prices in Punjab has raised concerns over rising transport costs, agricultural expenses and a possible spike in essential commodity prices.
India's retail inflation for April is recorded at 3.48% on an year on year basis while the food inflation, based on Consumer Food Price Index, in April, 2026 is at 4.20%, as per the government data.
Dalal Street slipped into sharp losses as geopolitical tensions escalated, pushing oil prices higher and triggering fears around inflation, currency pressure and India’s rising import burden.
India’s central bank has kept borrowing costs steady while signalling caution on global risks, even as domestic demand and services activity continue to support economic momentum.
IMF flags uneven global fallout from conflict, warning energy shocks, supply disruptions and tighter financial conditions could strain poorer economies and deepen global economic uncertainty.
A quiet but consequential shift has just taken place in how India understands inflation. The latest retail inflation reading, the first under a revamped price index, is not merely another data point for economists to debate.
