Page 2 - Latest Updates on Inflation
Improved balance of risk supports RBI to remain on wait & watch mode
The balance of risk improved as downside risk to growth declined along with upside risk to inflation, according to Gaura Sengupta, chief economist at IDFC First Bank
 "Improved balance of risk supports RBI to remain on wait & watch mode")
RBI's FY27 inflation projection cools bond yields; what's the road ahead?
Despite markets continuing to price in policy rate hikes over the next 6-12 months, the softer-than-expected tone of the policy has supported bond markets, said Deepak Agrawal, Kotak Mahindra AMC.
 "RBI's FY27 inflation projection cools bond yields; what's the road ahead?")
Rise in wholesale inflation driven by global commodity, energy costs: Govt
Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha that the government has been actively undertaking a series of measures to control inflation
 "Rise in wholesale inflation driven by global commodity, energy costs: Govt")
BS poll: 'Cautious' MPC may stick to status quo, retain neutral stance
Most economists expect stance to remain 'neutral'
Inflation, AI-led job uncertainty weigh on some consumers: United Spirits
The liquor maker said premium demand remains healthy despite inflationary pressures and AI-driven employment uncertainty affecting sentiment in some consumer segments
 "Inflation, AI-led job uncertainty weigh on some consumers: United Spirits")
War could cut global growth to 1.3%: World Bank Chief Economist Gill
The World Bank warned that a prolonged US-Iran conflict could slow global growth to 1.3% in 2026, while fuelling inflation, higher interest rates and debt pressures
 "War could cut global growth to 1.3%: World Bank Chief Economist Gill")
Rural income gains hit two-year low, informal borrowing rises: Nabard
Nabard's latest survey shows that rural income growth has slowed to a two-year low. The findings come as rural inflation reached 5% in June, compared with 4% in urban area
 "Rural income gains hit two-year low, informal borrowing rises: Nabard")
Will continue to prioritise inflation, says RBI governor Sanjay Malhotra
"We have to watch out for monsoon… how it progress because a significant population depends on agriculture," he said
 "Will continue to prioritise inflation, says RBI governor Sanjay Malhotra")
West Asia tensions, weak monsoon key risks for Indian economy: RBI Governor
RBI Governor Sanjay Malhotra said inflation risks remain elevated due to West Asia tensions, rising oil prices and the possibility of a weak monsoon, even as supply-side pressures dominate
 "West Asia tensions, weak monsoon key risks for Indian economy: RBI Governor")
I-T department raises Cost Inflation Index for current fiscal to 384
The CBDT has raised the Cost Inflation Index to 384 for FY27, helping taxpayers compute inflation-adjusted long-term capital gains on eligible assets
 "I-T department raises Cost Inflation Index for current fiscal to 384")
CBDT raises Cost Inflation Index to 384 for financial year 2026-27
The Cost Inflation Index for FY27 will apply from April 1, 2026, though indexation is now available only in limited cases involving certain land and building sales
CBDT notifies Cost Inflation Index for FY2026-27 at 384. What it means
A higher index means the inflation-adjusted cost of acquiring an asset will be higher than it was in FY26
 "CBDT notifies Cost Inflation Index for FY2026-27 at 384. What it means")
Fed's Lisa Cook says ready to act if inflation does not cool soon
Federal Reserve Governor Lisa Cook said inflation risks now outweigh labour market concerns and signalled she is prepared to act if disinflation does not resume soon
 "Fed's Lisa Cook says ready to act if inflation does not cool soon")
Old health cover may leave you underinsured as medical costs rise
Review the sum insured at every renewal, upgrade while healthy, and use a super top-up to raise cover affordably
 "Old health cover may leave you underinsured as medical costs rise")
Gold may hit $5k on easing geopolitical risks: Kaynat Chainwala, Kotak Sec
Gold's near-term direction depends on whether June CPI marks the start of a durable disinflation trend or a temporary pullback driven by energy base effects.
 "Gold may hit $5k on easing geopolitical risks: Kaynat Chainwala, Kotak Sec")
US consumer inflation slows 0.4% in June, but Fed rate hike fears linger
US consumer inflation eased more than expected in June as energy prices retreated, though markets still see a possibility of a Federal Reserve rate increase this year
 "US consumer inflation slows 0.4% in June, but Fed rate hike fears linger")
India's retail inflation breaches RBI target to hit 4.38% in June
Fuel costs lift food prices; experts don't expect rate hike
 "India's retail inflation breaches RBI target to hit 4.38% in June")
A new index at the factory gate: Why India's PPI matters beyond inflation
After more than two decades in the making, India's Producer Price Index is beginning to reshape industrial output, GDP measurement and the country's broader statistical framework
 "A new index at the factory gate: Why India's PPI matters beyond inflation")
A few officials saw case for June rate hike: Federal Reserve minutes
Fed minutes show some officials considered a rate hike as persistent inflation, energy prices and AI-driven demand kept pressure on the US interest-rate outlook
 "A few officials saw case for June rate hike: Federal Reserve minutes")
India's consumer inflation likely rose above RBI's 4% target in June: Poll
This would also be the highest inflation reading since India introduced its revised consumer price index series with a new base year and updated consumption basket in January
