Thali Costs Ease In October As Key Veg Prices Fall
Thali costs dipped in October as vegetable and pulse prices fell sharply, Crisil and Bank of Baroda data show, keeping food inflation mild.
Thali costs dipped in October as vegetable and pulse prices fell sharply, Crisil and Bank of Baroda data show, keeping food inflation mild.
The report explains that the overall impact on Consumer Price Index (CPI) is expected to be around 55 to 75 basis points (bps
India’s gross domestic product (GDP) is likely to grow at 7.8 per cent in the financial year (FY) 2025 which is marginally higher than the estimated increase of 7.6 per cent in FY24 on a year-on-year (YoY) basis, the Bank of Baroda (BoB) said in a report. The report added that private consumption is likely […]
The Bank of Baroda (BoB) in a recent report has said that increased shipping costs and delays in shipments due to the Red Sea crisis is a major headwind for the textile sector. The report titled ‘Corporate performance: Q3-FY24’ stated that for the textiles sector, festive demand momentum was short-lived as discretionary demand continues to […]
Lifestyle inflation, in which customers shift to higher-end items, has outpaced price increases in necessities every year since FY18. While lifestyle inflation is a reflection of demand that is often controlled by policy rates, price increases in critical goods are a supply-driven phenomena that requires focused government intervention. According to a research by the Bank […]
The Bank of Baroda in a report has said that India’s growth story is expected to maintain its resilience led by festival demand. This is expected to pump up growth in this quarter. Inflationary concerns ebbed slightly as major price data showed signs of respite with vegetable prices correcting in September 2023, as well as […]
Bank of Baroda on Friday announced it will increase interest rates on domestic retail term deposits — including NRO and NRE term deposits, by 25 basis points on select tenors. These hiked rates are applicable on deposits below Rs 2 crore, with immediate effect. Following are the tables detailing the hike in rates along with […]