Page 47 - Latest Updates on Inflation
Top headlines: Adani hires Grant Thornton, Jio aims 100% 5G coverage
Business Standard brings you the top headlines at this hour
 "Top headlines: Adani hires Grant Thornton, Jio aims 100% 5G coverage")
Pakistan to impose new taxes to reach out for IMF loan, avoid default
Pakistan already is struggling with the recovery from record-breaking floods, which killed 1,739 people in summer 2022 and destroyed 2 million homes
 "Pakistan to impose new taxes to reach out for IMF loan, avoid default")
Love in time of inflation: How much will Valentine's Day set you back?
According to the latest data from Britain's Office of National Statistics, eating at restaurants in December cost 9.4 per cent more than last year
 "Love in time of inflation: How much will Valentine's Day set you back?")
India's inflation higher than peers like Brazil and South Korea
The RBI last week raised its key interest rate by 25 bps to 6.50 per cent
 "India's inflation higher than peers like Brazil and South Korea")
January retail inflation rises to 6.52%, highest since October 2022
In December, the CPI-based inflation was 5.72% with core inflation at 6.10%
 "January retail inflation rises to 6.52%, highest since October 2022")
Macro data, global cues to guide markets this week, say analysts
Trading activity in the domestic equity markets this week will be largely driven by inflation data, trend in global markets and foreign fund movement, analysts said
 "Macro data, global cues to guide markets this week, say analysts")
Four economic trends that will impact India
The Budget reflects the shift globally in government capital expenditure, inflation, fiscal deficit and globalisation
 "Four economic trends that will impact India")
RBI's approach to help set stage for a soft landing
The RBI's caution on inflation and its relatively hawkish position demonstrate its steadfast commitment to achieving the inflation target of 4%
Retaining policy flexibility
Inflation remains a concern for the RBI
 "Retaining policy flexibility")
Indian households' inflation expectations moderated by 20 basis points: RBI
Indian household's inflation expectations for current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the RBI's latest round of internal surveys showed
 "Indian households' inflation expectations moderated by 20 basis points: RBI")
MPC's optimistic growth outlook augurs well for credit demand
The MPC's optimistic growth outlook for H2 FY2024 augurs well for the credit demand for the banking sector as well as the lenders, said Karthik Srinivasan of Icra
 "MPC's optimistic growth outlook augurs well for credit demand")
RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation pegged at 6.5%
RBI MPC: Shaktikanta Das said that the repo rate hike of 25 bps is considered appropriate at this juncture but the monetary policy will remain agile to inflation
 "RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation pegged at 6.5%")
RBI MPC increases repo rate by 25 bps, pegs FY24 inflation at 5.3%
Need to see decisive decline in inflation, core inflation still sticky, says RBI governor
 "RBI MPC increases repo rate by 25 bps, pegs FY24 inflation at 5.3%")
RBI MPC: When and where to watch policy announcement by Shaktikanta Das
RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'
Top headlines: Two-wheeler EVs under fire, Vivad se Vishwas-II, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Two-wheeler EVs under fire, Vivad se Vishwas-II, and more")
Germany sees record decline in real earnings by 4.1% due to high inflation
Real earnings in Germany declined by 4.1 per cent in 2022 year-on-year due to rising consumer prices. This was the sharpest drop since the start of the time series in 2008
 "Germany sees record decline in real earnings by 4.1% due to high inflation")
Before the pause
Overall conditions call for another rate hike
Assam, Odisha among states clocking high rural inflation than urban in FY23
Assam, Haryana, Madhya Pradesh, Manipur, Mizoram, Odisha, Uttarakhand, West Bengal, and Delhi experienced higher rural inflation than urban inflation
 "Assam, Odisha among states clocking high rural inflation than urban in FY23")
RBI's 3-day long MPC meeting starts amid expectations of lower rate hike
RBI Governor Shaktikanta Das-headed MPC started its three-day meeting amid expectations of a smaller 25 basis points rate increase or a pause on the rate hiking spree that started in May 2022
Interest rate hikes, global inflationary pressures may impact demand: JLR
The company is working to offset inflationary trends and other issues like high energy prices through profitability improvement actions
 "Interest rate hikes, global inflationary pressures may impact demand: JLR")