Economic Survey Sees Retail Price Inflation Likely To Align With Target
Going forward, food inflation is likely to soften in the fourth quarter of the current fiscal (Q4FY25)
Going forward, food inflation is likely to soften in the fourth quarter of the current fiscal (Q4FY25)
The Consumer Food Price Index (CFPI) saw a significant year-on-year rise, with food inflation provisionally recorded at 9.24 per cent for September
The positive rate of inflation is attributed primarily to higher prices in food articles, food products, and the manufacturing sectors
The report reveals that 58 per cent of respondents prefer a hybrid approach, saying they would buy both online and offline
After Amul, Mother Dairy too has announced an increase in prices of its liquid milk by Rs 2 per litre across all operating markets of the country, effective 03 June 2024. In Delhi-NCR, the new prices for Mother Dairy milk will be Rs 68 per litre for full cream milk, Rs 56 per litre for […]
ICRA estimates the food and beverages inflation to cross the 8.0 per cent mark this month The International Credit Rating Agency (ICRA) expects consumer price index inflation to grow at 5.0-5.2 per cent in May 2024. Data released by the Department of Consumer Affairs (DCA) indicates a mixed trend in retail food prices in May […]
On Thursday, 11 April, gold prices surged as softer-than-expected US producer prices data fueled optimism for potential interest rate cuts this year, while ongoing geopolitical uncertainties continued to bolster the appeal of the yellow metal. Spot gold witnessed a 0.3 per cent increase, reaching USD 2,340.69 per ounce, while US gold futures climbed 0.4 per […]
After S&P Global, Morgan Stanley has revised its GDP growth forecast upwards for the financial year 2024-25 (FY25) to 6.8 per cent, up from its previous estimate of 6.5 per cent. The firm also revised its growth forecast for the ongoing financial year, FY24, to 7.9 per cent. The revised projections come in the wake […]
The Finance Ministry on Friday stated that India’s economic prospects for the next fiscal year appear promising, citing an increase in private investment and a downward trend in inflation. According to the Monthly Economic Review, the inclusion of Indian bonds in the Bloomberg bond index starting from January 2025 is expected to bolster inflows into […]
The International Spirits & Wines Association of India (ISWAI) has called on state governments to adopt an inflation-based pricing model for alcoholic beverages, citing a substantial rise in raw material costs. According to ISWAI CEO Nita Kapoor, industry margins have contracted, leaving very little for trade and manufacturers, with state governments claiming 60-80 per cent […]