The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) remained unchanged for December 2024 at 1,320 and 1,331 points, respectively
The benchmark BSE Sensex declined by 6.5 per cent between January and August 2013, after rising 29 per cent between December 2011 and January 2013
The inflation projection of the MPC will need to factor in such possibilities, which will not be easy, given the level of uncertainty
But hopes of rate cut in Feb policy meet recede: Experts
The appeal of freebies becomes clear in the backdrop of economic distress, highlighting the financial struggles of the lower middle class and the poor in India
The impact of the jobs report on US rate cut prospects also raised the stakes for consumer price figures
Movement of crude oil prices and the dollar index will also be tracked by investors
Malhotra, who took charge last month, is asking the RBI's internal teams to include new datasets, analysis and projections in their inflation and growth forecasts
The annual consumer price inflation rate rose to 2.9 per cent, higher than the 2.6 per cent forecast by analysts
In comparison, the poverty ratio in urban areas fell to 4.09 per cent from 4.6 per cent during the same period
From continuing energy market volatility driven by geopolitical tensions to the AI boom transforming industries, economic trends have been anything but predictable
Shifting household consumption patterns and evolving priorities call for updates to inflation indices and a rethink of food and subsidy policies in India
Euro zone annual inflation accelerated in November to 2.2 per cent from 2.0 per cent a month earlier and above the ECB's 2 per cent target rate
Citing slowing inflation, the bank's Monetary Policy Committee said it was reducing its one-week repo rate to 47.5 per cent from the current 50 per cent
Indian households grappled with soaring prices in 2024 as inflation strained budgets and reduced purchasing power. High inflation rate cut into savings and curbed discretionary spending of consumers
RBI introduced ASISO facility in August 2020 to offer greater flexibility in managing day-end cash reserve ratio balances
The number of small manufacturing businesses, mainly family- owned units such as garment makers, auto component makers and food processing enterprises, grew to 20.15 million
People are struggling with rising prices and are forced to compromise on small things of daily needs, said Rahul
In 2025, macro policies will need to support domestic demand, but without compromising on macrofinancial stability risks
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 5 points each in November 2024, reaching levels of 1,320 and 1,331