Indian stock indices started Tuesday’s session marginally in the green, bucking the trend from the previous session where they declined substantially due to profit booking and volatile global markets. Ease in domestic retail inflation also somewhat supported the indices today. Retail inflation in India eased in January to 5.10 per cent on an annual basis […]
The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India’s GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Quarter-wise, 7.2 per cent growth is seen in Q1, 6.8 in Q2, 7.0 in Q3, and 6.9 in Q4, respectively. RBI said that risks are […]
India’s retail inflation rose to 5.69 per cent in December which is marginally higher than 5.5 per cent in the previous month, states data released by the Ministry of Statistics and Programme Implementation (Mospi). It should also be noted that inflation, measured by the Consumer Price Index (CPI) has remained within the Reserve Bank of […]
Retail inflation in India rose at its fastest pace in three months in November, largely due to a spike in food prices. The retail inflation or Consumer Price Index in November was 5.55 per cent. The October consumer price index (CPI) was at 4.87 per cent and 5.02 per cent in September. The retail inflation […]
India’s headline retail inflation rate jumped to 5.55 per cent in November, owing to a combination of an unfavourable base impact and price increases for major food products, according to data provided by the Ministry of Statistics and Programme Implementation on Tuesday. The Consumer Price Index (CPI) inflation rate in October was 4.87 per cent. […]
Financial market participants in India will closely monitor the outcome and the policy stance of the central bank, the Reserve Bank of India (RBI), to be announced at 10 am Friday (today), for fresh cues. As things stand, the monetary policy committee is most likely to maintain status quo. The three-day bi-monthly monetary policy committee […]
India’s consumer price index (CPI) – retail inflation may increase from the RBI’s tolerance limit of 6 per cent in November from 4.87 per cent in October, according to Barclays’ estimates. “We estimate that CPI inflation rose in November to 6.15 per cent year-on-year (YoY), a sharp reversal from the moderating trajectory over the past […]
Retail inflation in India continued to ease through October, supported by a relative decline in some of the sub-indexes. The October consumer price index (CPI) came at a four-month low of 4.87 per cent against 5.02 per cent the previous month, official data showed. The retail inflation in India though is in RBI’s 2-6 per […]
India’s retail inflation eased to 5.02 per cent from 6.83 per cent in September which is a three-month low banking on sliding vegetable prices but remained above 4 per cent, a target aimed by the Reserve Bank of India (RBI). It is likely that RBI would like to get comfortable with inflation before easing rates. […]
In September, a decline in tomato prices contributed to a significant reduction in the cost of both vegetarian and non-vegetarian thalis, offering relief to consumers grappling with soaring prices. The cost of a vegetarian thali decreased by 17 per cent month-on-month (MoM) in September. The primary driver of this reduction was the substantial drop in […]
