Page 15 - India Inflation

Crypto wrap: 'Merge' in focus, inflation figures still key, say experts

Bitcoin, the largest crypto token by market capitalisation, was trading at $21,750 on Friday. On Monday, it had briefly hit the $25,000 mark

A long battle against inflation

Containing inflation remains challenging

Bond yields drop, rupee logs biggest single-day gain since July 27

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

The case for greater centre-state coordination to meet long-term goals

Many public policy experts and policymakers have stated that more mechanisms are needed for regular centre-state coordination and interaction on various issues

Retail inflation rises to 7% in Aug as food prices surge; IIP growth slows

FinMin blames adverse base effect, increase in food and fuel prices

Retail prices may continue to remain elevated even as wholesale prices ease

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

Gujarat: Congress calls 'symbolic bandh' to protest inflation, unemployment

Congress workers staged demonstrations in Bharuch and different parts of Gujarat as a part of the 'symbolic bandh' called by the party to protest against inflation and unemployment

Bonds, rupee strengthen as crude oil prices fall below $90 a barrel

Hope of global index inclusion drags down bond yields, FPI flows bolster rupee

HDFC Bank hikes MCLR by 10 bps across loan tenures, effective Sep 7

Second rate hike in two months by lender after RBI's rate setting committee hiked benchmark repo rate by 50 bps to 5.4%; new MCLR at 7.90-8.40%

Top headlines:Adani to build 3 giga factories; FM says inflation manageable

Business Standard brings to you top headlines for the evening

BJP says inflation under control due to PM's policies, slams Congress

Hitting back at the Congress for its criticism on the issue of price rise, the BJP on Sunday said Prime Minister Narendra Modi has brought the inflation rate under control despite adverse circumstances which is being "appreciated" by citizens but the Congress party is not able to see it. BJP national general secretary and in-charge for Rajasthan Arun Singh said inflation rate in other countries has gone up to 20-25 percent but it is the vision and policies of the prime minister that inflation is under control. Inflation is not going to be an issue here because the prime minister has controlled the inflation, Singh told reporters when asked about the issue of inflation being raised by the Congress. Singh is in Jaipur to attend the core committee meeting of the state unit. Look at the neighbouring countries of Sri Lanka, Pakistan, Bangladesh, even you go and see in the UK or US...the way inflation has increased in the countries of the world, 10 percent, 15 percent and up to 20-25 ...

Rice export ban won't lower inflation or meaningfully improve food security

The last time India blocked grain exports, in 2007 and 2008, the decision precipitated a years-long food-security crisis

State of the Indian economy: Unequal, uneven distribution of wealth

The income gap between states is growing and the pain of inflation is worse for those falling behind

Reserve Bank can hike repo rate to 6% by December, say economists

The RBI rate hike expectations come despite economists predicting a moderation in inflation due to slump in global commodities and easing supply chain bottlenecks

Top headlines: S&P ups India inflation forecast, green hydrogen, and more

S&P Global Ratings raises India's inflation forecast to 6.8% for FY23. India Inc's next big thing could be green hydrogen

S&P raises India inflation forecast by 50 basis points to 6.8% for FY23

India is facing the external pressures of higher commodity prices, US dollar dominance, and tightening financial conditions from a position of relative strength: S&P

Inflation to ease to 4% in two years after peaking, says RBI Governor

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate

Rated Indian firms better placed to withstand rising rates, inflation: S&P

Companies and banks in India could feel the bite of rising rates and inflation, but rated firms are better cushioned to withstand the pressure, S&P Global Ratings said on Tuesday. It said further hike in interest rates is on the cards as the inflation remains above the RBI's upper tolerance limit of 6 per cent despite a 140 basis points increase in policy rate in the current fiscal year. "In a stress scenario we conducted, credit profiles will deteriorate for companies that account for 20 per cent of the outstanding debt analyzed. This is according to a stress test of more than 800 largely unrated companies in India, representing USD 570 billion in debt. Rated issuers are generally better cushioned to withstand rising rates and higher input costs," S&P said in a report. The US-based rating agency said it expects India's continued strong economic growth to positively affect companies' revenues. S&P had in May cut India's growth projections for the current fiscal year to 7.3

RBI set to hike interest rates by another 50-60 bps, inflation key concern

August 22 MPC of RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8% recorded in April

New 10-year bond pricing flags concern of inflation, say dealers

The latest bond coupon at 7.26 per cent is higher than expected