Follow Us on Google News New Delhi, June 12 (IANS) The softening of CPI inflation would provide a substantial boost to households and businesses, industry chamber PHDCCI said on Thursday. The retail inflation for May has softened to 2.82 per cent, marking a notable reduction of 34 basis points compared to April (3.16 per cent). … Read more
Follow Us on Google News Mumbai, June 6 (IANS) The RBI has revised its inflation outlook for 2025-26 downwards from the earlier forecast of 4 per cent to 3.7 per cent, Reserve Bank Governor Sanjay Malhotra said on Friday. Taking all these factors into consideration, and assuming a normal monsoon, CPI inflation for the financial … Read more
Follow Us on Google News New Delhi, June 5 (IANS) The cost of home-cooked vegetarian and non-vegetarian thalis declined by 6 per cent each (year-on-year) in May due to a sharp drop in prices of key vegetables led by a high-base effect, a Crisil report showed on Thursday. On a monthly basis, the cost of … Read more
Follow Us on Google News New Delhi, June 4 (IANS) The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting kicked off on Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut in the repo rate … Read more
Follow Us on Google News New Delhi, May 28 (IANS) The India Meteorological Department’s (IMD) forecast of an above-normal monsoon is expected to lead to a robust increase in agricultural production and rural demand while helping to keep inflation under control, according to a Crisil report released on Wednesday. The IMD has predicted above-normal rainfall … Read more
Follow Us on Google News New Delhi, May 26 (IANS) Low inflation for the rest of the year will result in improving real purchasing power of households and lowering input costs for corporates in India, an HSBC Research report said on Monday, adding that a less obvious, but equally important benefit, could be via fiscal … Read more
Follow Us on Google News New Delhi, May 20 (IANS) The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for April this year eased further to 3.48 per cent and 3.53 per cent, respectively — compared to 7.03 per cent and 6.96 per cent in … Read more
Follow Us on Google News New Delhi, May 14 (IANS) India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to a 13-month low of 0.85 per cent in April, down from 2.05 per cent in March and 2.38 per cent in February, according to data released by the Ministry of Commerce … Read more
Follow Us on Google News New Delhi, May 14 (IANS) Official data on Wednesday showed that Prime Minister Narendra Modi-led NDA government had done a much better job in controlling retail inflation — especially in food and fuel — compared to the UPA era. According to a post by BJP leader Amit Malviya on the … Read more