GST Cuts May Push Retail Inflation To A 2-decade Low
A report says that with GST rationalisation, October consumer price index inflation could be closer to 1.1 per cent, lowest since 2004
A report says that with GST rationalisation, October consumer price index inflation could be closer to 1.1 per cent, lowest since 2004
The maximum retail price (MRP) of packaged drinking water bottle will be revised from Rs 15 to Rs 14 per bottle of one litre
The demand in India is showing signs of a pickup with the onset of the festive season, led primarily by a surge in physical investment demand for bars and coins
The report states that the uptick will be led by a hardening in the year-on-year (YoY) prints for global crude oil and commodity prices
The report notes that even a rate cut in December looks a little difficult if growth numbers for the first and second quarter (estimates) are taken into consideration
The rise in headline inflation during August 2025 is mainly attributed to increase in inflation of vegetables, meat and fish, oil and fats
After staying in deflation for the last two months, food inflation switched back to the positive zone and printed a three-month high of 0.21 per cent
The discussions are aimed at closing the revenue gap, as sharp disparities in pricing between Delhi and neighbouring states push many consumers across the border
The targeted disposal of onions is being started in Delhi, Mumbai and Ahmedabad with retail sale through outlets and mobile vans
The move will help in the reduction of operational costs, enhance competitiveness in domestic and export markets