The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports
Core inflation is calculated by largely stripping away the volatile components of food and fuel. Goyal was referring to certain products that have linkages with oil prices
Das had said earlier this year that the RBI was striving to ensure a 'soft landing' for the Indian economy while bringing domestic inflation back to the central bank's 4 per cent target over a period
The Consumer Prices Index rose 10.1% last month from 9.9% the month before, the Office for National Statistics said Wednesday.
For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo
Dip in dollar, bonds, and oversold markets boost global equities
The central bank will now have to provide a report to the government explaining the reasons for the failure and the steps to be taken
Consumer price index boasts of a rigorous and robust design, but there are quite a few issues with it
Central bank will have to write to government explaining the reasons of its failure to contain inflation up to 6%
The current account deficit remains uncomfortably high as India's growth momentum outpaces the rest of the world.
They are shifting to new brands in search for value, says multi-nation survey
The rise in bond prices came despite an increase in India's consumer price index inflation, which strengthens the case for the Reserve Bank of India to continue tightening monetary policy
Terminal repo rate seen at 6%; interest cost for retail, MSMEs went up by Rs 42,000 crore says SBI report
With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit
The consumer price index rose 2.5% from a year earlier, the National Bureau of Statistics said Friday, down from 2.7% gain in July
'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'
Inflation has peaked, expect CPI at 5% in April-June, he says
India is better placed on the growth-inflation-external balance triangle for 2022-23 than it was two months ago, on the back of government policy response and the Reserve Bank's monetary policy actions, the finance ministry's monthly economic review said on Friday. On the price situation, the review said in absence of any further shocks, the downward movement of global commodity prices along with the RBI's monetary measures and the government's fiscal policies are expected to cap inflationary pressures in the coming months. Softening of inflationary pressures in India is further on the anvil as the prices of important raw materials such as iron ore, copper and tin that feed into the domestic manufacturing process, globally trended downwards in July 2022, it noted. Headline retail inflation eased to 6.7 per cent in July 2022 from 7.01 per cent in the previous month. Despite global headwinds, the IMF forecasts India's economy to grow at a robust rate of 7.4 per cent in 2022-23, the .
The consumer price index in China rose 2.7% last month from a year earlier as pork prices surged 20.2%
Households' 3-month, one-year inflation expectations fell 50 bps, 60 bps