[ad_1] Amid raging concerns over price rise, Reserve Bank of India (RBI) governor Shaktikanta Das has said that though inflation moderated and plateaued since April, it remains “unacceptably and uncomfortably […]
Tag: india inflation
Wholesale inflation declines marginally to 15.18% for June, bucks 3-month trend
[ad_1] The annual rate of inflation based on all-India Wholesale Price Index (WPI) is 15.18 per cent for the month of June, the government said on Thursday, in a marginal […]
FY23 consumer inflation likely to hit 7.5%, shoot past RBI ceiling of 6%: Report
[ad_1] The RBI targets inflation in the 2%-6% band and has forecast it to average at 5.7% in the fiscal year to March 2023. That is below economists’ forecasts for […]
At 7.79%, India’s retail inflation rises to 8-year high in April
[ad_1] NEW DELHI: India’s consumer inflation surged to an eight-year high of 7.79% in April, 2022, breaching the Reserve Bank of India’s (RBI) so-called tolerable limit of 6% for the […]
RBI, govt likely to tighten policies to curb inflation
[ad_1] NEW DELHI: With swelling inflation the biggest worry for the Indian economy at the moment, the Reserve Bank of India (RBI) may further tighten the money supply and the […]
RBI to hike repo rate in June to tackle rising inflation: Report
[ad_1] The Reserve Bank of India will raise its repo rate in June and hike at a faster pace than predicted just a few weeks ago as a surge in […]
IMF urges India to pay attention to food security, says ‘households in pain’
[ad_1] A day after it cut India’s FY22 growth rate projection to 8.2 per cent, the International Monetary Fund (IMF) has drawn attention of Indian households’ pinched pockets. It has […]
March high inflation rate due to Russia-Ukraine conflict, says government
[ad_1] March inflation: In March 2021, the government had registered a WPI of 7.89 per cent, according to the official figures. The high rate of inflation in March “is primarily […]
Food prices drive retail inflation to 6.95% in March, a 17-month high
[ad_1] NEW DELHI: Retail inflation quickened to 6.95% in March, compared to 6.07% in the previous month, driven by a sharp jump in food prices, official data released on Tuesday […]
Cost of living rises in India as companies pass on higher prices to consumers
[ad_1] Indian manufacturers are running out of capacity to absorb rising input costs, with an increasing number passing it along to consumers in an economy already grappling with Asia’s third-fastest […]