[ad_1] India’s headline inflation galloped for a seventh straight month to touch an 8-year high of 7.79 per cent in April on rising food and fuel prices, raising the odds […]
Tag: inflation
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 […]
Inflation takes hold in spices; cumin prices reach five-year high
[ad_1] Extreme weather, which scientists link to the climate crisis, has set off shortages of key food items this year. No Indian curry is complete without a flavouring of masala, […]
Number Theory: A challenging phase for India’s inflation targeting framework
[ad_1] On May 4, the Monetary Policy Committee (MPC) of the Reserve Bank of India announced an unscheduled hike in the policy rate and increased the deposits banks need to […]
Australia’s central bank hikes rate for 1st time in 11 years ahead of elections
[ad_1] Australia’s central bank on Tuesday lifted its benchmark interest rate for the first time in more than 11 years. The cash rate rose to 0.35% from 0.1% in a […]
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 […]
Wholesale price-based inflation accelerates to 14.55% in March from previous month’s 13.11%
[ad_1] India’s annual wholesale price-based inflation accelerated to a record 14.55% in March from the previous month’s 13.11%, government data showed on Monday. The inflation indices, Wholesale Price Index (WPI) […]
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 […]
Yoga guru Ramdev is asked about fuel price hikes. He gives people some advice
[ad_1] Yoga guru Ramdev said people should work harder to deal with inflation. I also work 18 hours, he said KARNAL: People of the country need to work hard to […]