The latest consumer inflation (CPI) print in the US for June came in at 9.1 per cent - the highest reading since 1981, and surpassed most analysts' expectations, who had pegged this at 8.8 per cent
Review released by ministry also said that global headwinds would continue to pose downside risk to growth as crude oil and edible oils, remain major imported components
Impact on CPI inflation to come later, rupee depreciation to negate some of this impact
The World Bank last month cut India's economic growth forecast for the current fiscal to 7.5 per cent owing to rising inflation, supply chain disruptions and geopolitical tensions
The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand and liquidity in the economy
The government on Tuesday will release the key data on June retail inflation which will be factored by the Reserve Bank in its next bi-monthly monetary policy to be announced in early August.
One of the later entrants in the current round of global monetary policy tightening, the Reserve Bank of India raised its repo rate by a total of 90 basis points in May and June
According to MPC's own projections, the inflation rate may not come down below 6% on average before the fourth quarter of the current financial year
Amid increases in the prices of power production in the national capital, Delhi Chief Minister Arvind Kejriwal on Monday said that the public will not be affected by the inflation in the city.
The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual 7.03% in June, versus 7.04% in May
Domestic equity market this week will be influenced by macro data announcements, including inflation number for June, first quarter earnings from companies, global trends and foreign funds movement
While the govt has introduced windfall tax and export curbs to arrest runaway prices, a lot depends on how the monsoon pans out this season
The steps came after the RBI's foreign exchange reserves fell by more than $40 billion over the past nine months, largely due to its intervention in the currency market to curb rupee losses
Inflation as measured by the CPI index stood at 7.04 in May 2022, higher than the Reserve Bank of India's (RBI's) comfort zone of 2 - 6 per cent
Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season
Demand in the FMCG industry remained soft in the June quarter, with major players Dabur, Marico and Godrej Consumer Products Ltd (GCPL) stating that consumers have titrated consumption
Companies have been asked to maintain uniform MRP across the country for same brand of edible oils, says Food Secretary
Consumer electronics inventory has piled up as consumers are holding back their discretionary spending, a report said
Last month, the Monetary Policy Committee of the RBI increased the repo rate by 50 basis points to 4.90% to contain rising inflation. Who are its members and what are the processes? Let's find out
As regards valuations, Nomura believes stocks have largely (if not fully) priced in expectations of higher policy/discount rates. They expect the markets to remain choppy in the near-term