Page 9 - India Inflation

Sensex rebounds 507 pts from lows, ends 138 pts up; auto, IT stocks gain

Closing Bell on August 16, 2023: The shares of SBFC Finance, which debuted on Wednesday at a premium of 44 per cent, settled at Rs 92.2 per share, up nearly 62 per cent over issue price

Inflation concerns

Renewed surge has increased risks

Govt to take more measures to lower the burden of inflation: PM Modi

Data released on Monday showed the retail inflation galloped to 7.44 per cent in July from 4.87 per cent in the preceding month on the back of skyrocketing prices of vegetables

Getting dearer: After tomatoes, chana prices rise ahead of festival season

Good stocks with government could come in handy to cool down rates

Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%

CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.

RBI policy: Can higher inflation become the new normal for the markets?

The upward revision in RBI's inflation projection, analysts suggest, implies that the central bank is likely to keep the rates elevated for a longer period of time than what the Street expected.

Goldilocks position for Indian equities is getting questioned: Jefferies

Rising crude oil prices, traction in China equities and high inflation concerns are casting a shadow on the road ahead for the Indian equities, believe analysts at Jefferies.

Controlling inflation will depend on monsoon, vegetable prices

In July, monsoon rains were almost 13% more than normal across India. In the entire monsoon season between June 1 and August 7, rainfall across India has been 2% above normal

Top headlines: MoS IT meets laptop makers, delays likely in IDBI stake sale

Business Standard brings you the top headlines at this hour

India's July inflation likely breached RBI's 6% upper tolerance level: Poll

The Aug. 3-8 Reuters poll of 53 economists predicted the consumer price index (CPI) rose at an annual rate of 6.40 per cent in July

Top headlines: India Inc profit surges 65%, world entering green energy era

Business Standard brings you the top headlines at this hour

RBI may continue to hold rate amid concern over inflation: Experts

The Reserve Bank is likely to continue with the pause on the key interest rate at its upcoming monetary policy review, as concerns on the inflation front and keeping the borrowing cost stable to maintain the economic growth momentum persist, said experts. The RBI Governor-headed six-member Monetary Policy Committee's (MPC) meeting is scheduled on August 8-10. The policy decision will be announced on August 10 by Governor Shaktikanta Das. The borrowing cost, which started rising in May last year, has stabilised with the RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. Later, in the two bi-monthly policy reviews in April and June, the benchmark rate was retained. Punjab & Sind Bank Managing Director Swarup Kumar Saha said the RBI factors in many things, including global developments. So, it will also take into account interest rate hikes effected by many central banks like the US Fed recently. Due to interest rate increases, ..

Education costs double in 6 years: Here's how you can invest for your child

Education inflation refers to the rising costs of education over time

Indian will maintain its growth momentum despite inflationary pressures: FM

The FM asked CBIC officials to ensure that they focus on stopping smuggling

As tomato prices hurt, Uttarakhand residents cross into Nepal for shopping

Tomatoes are selling for upwards of Rs 120 per kg in India, whereas in Nepal, they cost Rs 100 to Rs 110 Nepali rupees which come at around Rs 70-75 per kg in Indian rupees

Higher inflation, oil price to keep RBI on hold; cap market gains: Analysts

Another worry for the RBI and the markets are the monsoons back home (intensity and spatial distribution)

India's inflation higher than Russia and China, projected to ease

Inflation in advanced economies is expected to remain above target levels, according to IMF

India lags regional peers on fiscal consolidation: S&P Global's Louis Kuijs

In a Q&A, the Asia Pacific Chief Economist of S&P Global Ratings charts the key reforms India needs ahead of the general elections next year

6.5% is below our potential or desirable rate of growth: Ashima Goyal

'The real repo rate is still in an acceptable band around one'

Easing inflation helps FMCG, retail register healthy sales growth in June

The footwear category grew as well but was not among the better-performing verticals with a year-on-year sales growth of 2-3% in May