Page 15 - India Inflation

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

Retail inflation may remain elevated despite easing in July: Report

India's headline retail inflation that eased for the third straight month in July is expected to remain above the central bank's upper tolerance range in the near term, analysts said

Congress calls meeting of office bearers ahead of rally against inflation

Congress has called a meeting of AICC General Secretaries, incharges, PCC presidents, legislature party leaders and frontal heads to prepare for rally against inflation and unemployment on August 28

Did inflation hurt India Inc more than what markets expected in Q1?

Companies hiked prices to cushion their margin from inflation. But it hit the volumes in the rural markets. With the commodity prices cooling off, will the upcoming quarters be better for India Inc?

FPIs invest Rs 22k cr in Indian markets in Aug as inflation concerns soften

This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire month

Cooling food prices pull inflation down to five-month low in July

Industrial output remains robust

Will edible oil stocks run out of steam?

The govt has directed edible oil suppliers to cut prices by as much as Rs 40 per litre to bring down inflation. Will players like Adani Wilmar and Patanjali Foods bear the brunt? Let us find out

Congress to hold 'Mehangai Par Halla Bol' rally on Aug 28 in Delhi

In a statement the party said the Congress party will take this fight forward with a series of protests against the price rise and unemployment in the coming weeks