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.
The US Federal Reserve's latest rate cut signals a nuanced approach to managing economic stability amid shifting pressures on inflation, employment, and political changes.
Speaking at a media event, the Governor assured that the RBI is prepared to act with strength and agility, likening the Indian economy to a tiger for its resilience amid fluctuating global conditions.
The corresponding figures for August were 5.96 per cent for agricultural labourers and 6.08 per cent for rural labourers, according to the Labour Ministry data.
The Reserve Bank of India’s (RBI) recent decision to maintain the key interest rate at 6.50 per cent while shifting its policy stance to “neutral” represents a strategic recalibration in its approach to balancing inflation control and economic growth.
The month over month change in WPI index for September 2024 stood at 0.06% as compared to August 2024.
