India Inflation

Remain structurally bullish on India despite headwinds: Ben Powell, BlackRock

The long-term story as regards India -demographics, reforms, digitalization, and improving efficiency- remains intact, Powell said.

West Asia war impact managed well, but some concerns remain: Madan Sabnavis

More importantly, the inflation has been kept under control as of now with the government absorbing a large part of the crude oil cost increase.

Heatwaves, weak monsoon and oil surge may push India's inflation higher

This year's adverse weather conditions will likely push inflation above 5 per cent in the fiscal year beginning April 1, exceeding the RBI's projection of 4.6 per cent

Datanomics: Gas inflation rises, other fuel rates muted amid West Asia war

War-driven fuel shock hits India unevenly: LPG inflation spikes, petrol and diesel stay flat after tax cuts, while electricity prices continue to decline

Best of BS Opinion: West Asia risks, RBI stance, AI, GDP debate

From West Asia tensions and RBI policy signals to AI in drug trials, fiscal risks, GDP debates and India-China strategy, today's BS Opinion offers a wide-ranging view of key economic and geopolitical

India's economy projected to grow at 6.4% in 2026, 6.6% in 2027: UN report

India's economy is projected to grow at 6.4 per cent this year and 6.6 per cent in 2027, according to a report by the United Nations. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in the report released Monday that economies in South and South-West Asia grew by 5.4% in 2025, compared to 5.2% in 2024, driven largely by strong growth in India. India's growth edged up to 7.4% in 2025, "supported by robust consumption, especially from the rural economy along with goods and services tax rate cuts, and export frontloading ahead of the United States' tariffs," the report, titled Economic and Social Survey of Asia and the Pacific 2026, said. It said in India, economic activities moderated in the second half of 2025 as exports to the United States declined by 25 per cent following the introduction of 50 per cent tariffs in August 2025. The services sector remained a key growth driver. The report projected India to register a 6.4 per cent growth rate

Fuel pushes March wholesale inflation to 3.88%; highest in 41 months

The increased rate of inflation in March was primarily due to a jump in prices of crude petroleum & natural gas, other manufacturing, non-food articles, manufacture of basic metals and food articles

From goldilocks to vulnerable: How RBI navigated West Asia energy shock

From the growth perspective, the governor's comment that " growth impulses remain strong, supported by robust private consumption and sustained investment demand" is significant and reassuring

RBI Policy provides a practical picture of the road ahead amid West Asia war

Rate cuts can now be ruled out and the question will be more on when there can be a rate hike. A clearer picture will emerge over the next few months

RBI sees FY27 inflation at 4.6% as Iran war adds fresh upside risks

RBI keeps repo rate unchanged at 5.25 per cent and retains a neutral stance, while warning that crude oil volatility and the Iran conflict could pose upside risks to inflation

Wholesale inflation rises to 2.13% in February on higher food prices

Wholesale price inflation rose for the fourth straight month, at 2.13 per cent in February, driven by an uptick in prices of food and non-food articles, even though vegetable prices eased on a month-on-month basis, government data showed on Monday. Wholesale Price Index (WPI)-based inflation was 1.81 per cent in the previous month and 2.45 per cent in February last year. "Positive rate of inflation in February 2026 is primarily due to an increase in prices of other manufacturing, manufacture of basic metals, non-food articles, food articles and textiles, etc.," the industry ministry said in a statement. According to WPI data, inflation in food articles was 2.19 per cent in February, as against 1.55 per cent in the previous month. In vegetables, inflation eased to 4.73 per cent in February against 6.78 per cent in January. However, pulses, potato and egg, meat and fish saw an uptick in inflation in February over the previous month. In the case of manufactured products, WPI inflati

Nomura cuts India FY27 GDP forecast to 7% amid West Asia conflict

Tensions in West Asia, if sustained, could test the goldilocks mix of robust growth and stable inflation, Nomura said in a recent note.

India's consumer inflation likely rose to 2.4% in Jan on food prices: Poll

January will be the first month of a new data series based on 2024 prices and will mark the first time since August that inflation returns to the Reserve Bank of India's (RBI) 2% - 6% target band

Wholesale inflation climbs to eight-month high of 0.83% in December

India's wholesale price inflation rose to an eight-month high of 0.83 per cent in December, ending a two-month deflationary spell as food prices stabilised and core inflation firmed up

Retail inflation rises to 1.33% in December 2025 from 0.71% in Nov

December 2025 CPI-based inflation: The increase in headline inflation is mainly attributed to an increase in the prices of items across personal care, vegetables, meat and fish, egg, and pulses

India consumer price inflation likely rose to 1.50% in December

Core inflation, excluding food and fuel components, likely edged up to 4.53 per cent in December from an estimated 4.2 per cent-4.3 per cent in Nov, ‍partly due to a 7 per cent rally in gold prices

India inflation likely to remain low in 2026, new CPI series planned

India is preparing to rejig methodology for computing CPI and revamp monetary policy mandate for targeting retail inflation in 2026 after a year of benign price situation due to subdued food cost and GST reduction. Consumer Price Index (CPI) based retail inflation remained in the Reserve Bank's comfort zone (2-6 per cent) and is likely to stay that way in the next year also, keeping open the possibility of at least one more reduction in rates by the central bank in the coming months. Besides cooling food prices, the decision of the government to reduce GST rates on about 400 items in September helped in further improving the price situation in the country. The wholesale price index (WPI), too, showed clear signs of easing of inflationary pressures through 2025. Early months recorded positive but declining WPI inflation, reflecting softening price pressures especially in food and fuel categories. By June, WPI entered deflation and the downward trend continued with negative prints in

Best of BS Opinion: China must find political will to rebalance economy

Today's opinion pieces offer a sharp mix of macro and culture: China's demand shortfall, Prada's Kolhapuri move, the rupee's policy trilemma, why RBI needs better data, and a candid chess memoir.

India's wholesale inflation rises to -0.32% in Nov against -1.21% in Oct

November 2025 WPI-based inflation: The negative rate of inflation in November is primarily due to a decrease in prices of food articles, mineral oils, crude petroleum and natural gas

Inflation data, trading moves, global trends to drive markets: Analysts

WPI inflation data, trading activity of foreign investors and global cues would dictate trends in the stock market this week, analysts said. Besides this, movement of rupee against the US dollar and crude oil would also be tracked by investors, they noted. Markets remained volatile and ended the last week in negative territory. Last week, the BSE benchmark index declined by 444.71 points, or 0.51 per cent. "This week features an active domestic data calendar, with the release of India's Wholesale Price Index (WPI) inflation and trade balance figures. Developments related to India-US trade discussions will remain in focus, while globally, the performance and macro cues from US markets are expected to influence near-term sentiment," Ajit Mishra -- SVP, Research, Religare Broking Ltd, said. Foreign investors pulled out Rs 17,955 crore (USD 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (USD 18.4 billion) in ...