Inflation Warning
A sharp rise in wholesale inflation ~ to 9.68 per cent in May ~ is more than a statistical development; it is an early warning of stress building beneath the surface of the economy.
A sharp rise in wholesale inflation ~ to 9.68 per cent in May ~ is more than a statistical development; it is an early warning of stress building beneath the surface of the economy.
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
At the rate that eggs are being chucked around these days, “deem” or “anda” sellers are not complaining.
Economists and market participants are closely tracking RBI's latest projections on inflation, growth and crude oil prices as the central bank unveils its policy verdict.
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.
The IMF, World Bank, OECD, Moody’s, Fitch and the Asian Development Bank have either upgraded or maintained strong growth projections for India over the next two years, reinforcing its position as the world’s fastest-growing major economy, the government said in a statement.
CII noted that India’s real GDP grew by 8.0 per cent in the first half of FY26, while inflation remained well anchored, reflecting proactive fiscal policy and prudent macroeconomic management by the government.
The latest inflation numbers from the United States offer a moment of relief in a debate that has been politically charged and economically fraught for years.
The report notes that economic growth has already picked up in FY26 as the drag from fiscal consolidation and tight liquidity conditions witnessed in FY25 has begun to ease.
The latest interest rate cut by the US Federal Reserve should have been a routine step in a predictable easing cycle.
