Page 21 - India Inflation

Wheat export ban marginally positive for India inflation: British Brokerage

The ban on wheat exports is only "marginally positive" for the domestic inflation outlook, a British brokerage said on Tuesday.

Best of BS Opinion: Reforming NITI Aayog, Adani-Holcim deal, and more

Here are the top BS Opinion articles of the day

Finance ministry didn't claim inflation hurts rich more than poor, says PIB

The claim and counterclaim over inflation come at a time when retail inflation rose to an eight-year high in April to 7.8 per cent

RBI likely to hike rates by 75 bps by August, say SBI economists

The economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events

Vehicle fuel prices responsible for around 30% of April inflation spurt

The RBI's Monetary Policy Committee is likely to hike the repo rate in June after it had announced a 40 basis point increase in it in an off-cycle announcement earlier this month

Inflation: Why RBI should have paid more attention to detergent prices

Operating at magic price points is like running a high-school experiment in "titration," dripping a liquid of known properties into another of unknown concentration and stopping when the color changes

Indian economy witnessing V-shaped recovery after pandemic: Rajnath Singh

Singh was addressing a workshop on the financial market organised by the Lucknow branch of Central India Regional Council (CIRC) of the Institute of Chartered Accountants of India

Wheat export ban to reign in inflation, no threat to food security: Govt

Hours after it imposed a ban on wheat export, the government on Saturday said it has adequate food stocks, there is no threat to food security

India is among the least favoured markets in Asia: Sunil Tirumalai of UBS

As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said

'Achhe din' should be archived and forgotten: NCP on 8-year high inflation

In an attack on BJP, NCP spokesperson Clyde Crasto also sarcastically said it needs to be seen who will be blamed for the same and what will be the new diversion to hide this "failure"

Consumer durables to see 3%-5% price hikes amid costlier imports: Industry

The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components

Steps taken by RBI, govt to cut duration of high inflation: FinMin report

'Evidence on consumption patterns further suggests that inflation in India has a lesser impact on low-income strata than on high-income groups,' the finance ministry's monthly economic review said

RBI likely to up inflation projection in June, mull more rate hikes: Report

The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month.

Why pruning general debt to 66% of GDP over next 5 years looks unachievable

An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27

Rising cost of living is driving Indians to save more money: EY report

The survey raises concern over the rising cost of goods and services that is impacting people's ability to purchase goods and is affecting their purchasing decisions

Top headlines: Higher bond yields, WHO on Covid deaths in India, and more

Business Standard brings you the top headlines at this hour

Britannia Industries to cut pack sizes as inflation bites

The management said it would hike prices by 10 per cent if the current levels of raw material prices sustain

In a surprise move, RBI raises repo rate by 40 bps to 4.40 per cent

The RBI MPC voted unanimously to increase the benchmark rate, said Governor Shaktikanta Das

Manufacturing sector sees faster growth amid high inflation in Apr: PMI

India's manufacturing sector activities witnessed faster growth in April amid quicker increases in production as well as factory orders, and renewed expansion in international sales, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 54.0 in March to 54.7 in April, as a retreat of COVID-19 restrictions continued to support demand. The April PMI data pointed to an improvement in overall operating conditions for the tenth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. "The Indian manufacturing PMI remained well inside positive territory during April, recovering some of the ground lost in March. Factories continued to scale up production at an above-trend pace, with the ongoing increases in sales and input purchasing, suggesting that growth will be sustained in the near-term," said Pollyanna De Lima, Economics Associate Director at S&P ...

PMI manufacturing rises to 54.7 in April on robust demand, factory orders

International demand also jumped robustly to a 9-month high after contracting in March and domestic demand was above average.