Page 4 - Indian Inflation
Rahul Gandhi, Priyanka Vadra, other Congress leaders detained amid protest
Congress MPs including Rahul Gandhi were detained at Police Lines Kingsway Camp during their protest against the Centre
 "Rahul Gandhi, Priyanka Vadra, other Congress leaders detained amid protest")
'You have increased prices immensely': Six-year-old girl writes to PM Modi
In the letter that has gone viral on social media, Kirti Dubey wrote that she had gone to a shop to buy Maggi but was sent back by the shopkeeper
 "'You have increased prices immensely': Six-year-old girl writes to PM Modi")
Ikea India increases prices of some products as inflation bites
'We have done some adjustments where it's possible, and we have protected (price points) to be affordable at lower prices'
 "Ikea India increases prices of some products as inflation bites")
Top Headlines: Inflation impact on India Inc profit, new SEZ law, and more
The early-bird results for the April-June 2022 quarter hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip
 "Top Headlines: Inflation impact on India Inc profit, new SEZ law, and more")
Monsoon session: Opposition protest leads to adjournment of both Houses
Agitating MPs wanted all other businesses to be put aside to discuss price rise, inflation and rupee depreciation
 "Monsoon session: Opposition protest leads to adjournment of both Houses")
22 states, UTs see rise in inflation, despite marginal reduction overall
Lakshadweep was the only UT where the urban inflation rate was in double digits in June
 "22 states, UTs see rise in inflation, despite marginal reduction overall")
From IIP to inflation: Here's a status check on the Indian economy
A significant jump in IIP growth indicates economic recovery. Also, is the recovery sustainable given the raging inflation and adverse global geopolitical conditions?
 "From IIP to inflation: Here's a status check on the Indian economy")
Inflation in India to be about 5% by March 23, reveals SBI report
The State Bank of India (SBI) expects the inflation in India to be about five per cent by March 23
 "Inflation in India to be about 5% by March 23, reveals SBI report")
CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May
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
 "CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May")
As inflation soars, Indians cut down spending on clothing and fuel: Survey
A majority of urban Indians said their cost of living went up to some extent as compared to a year ago, stated the survey conducted by YouGov
 "As inflation soars, Indians cut down spending on clothing and fuel: Survey")
Fitment committee rejects demands to reduce GST rate on over 200 items
The Council unlikely to decide on taking crypto assets in next week's meeting in Chandigarh.
 "Fitment committee rejects demands to reduce GST rate on over 200 items")
Normal monsoon, rate cut key to bring down inflation by yr-end: Economists
Normal rainfalls aiding bumper agriculture output and the RBI further hiking interest rates to cut easy money in the system hold key to bringing down multi-year high inflation, economists said
WPI inflation spikes to record 15.88% in May as heatwave stokes food prices
The Wholesale Price Index (WPI)-based inflation maintained its increasing trajectory for the third month in a row, and remained in double digits for the 14th consecutive month since April last year
 "WPI inflation spikes to record 15.88% in May as heatwave stokes food prices")
Hardening yields to buoy debt MFs, experts recommend short-term maturities
Given the risk of high inflation, bond yields can harden further. However, current rates are attractive and provide good scope to start nibbling, say experts
 "Hardening yields to buoy debt MFs, experts recommend short-term maturities")
TMS Ep181: Divestment target, food security, market strategy, downtrading
How close is the govt to its divestment target for FY23? Do Thomas Malthus's words still hold water? Should you buy in the dip or sell when the markets rally? What is downtrading? All answers here
 "TMS Ep181: Divestment target, food security, market strategy, downtrading")
How a weaker rupee will impact the Indian economy and people?
Indian rupee touched an all-time low against a surging US dollar. Every 5% fall in the rupee adds about 10-15 bps to the inflation. So, what does a weaker rupee mean for the Indian economy?
 "How a weaker rupee will impact the Indian economy and people?")
Indian inflation likely accelerated to an 18-month high in April: Report
Food inflation, which accounts for nearly half the consumer price index (CPI) basket, reached a multi-month high in March
 "Indian inflation likely accelerated to an 18-month high in April: Report")
Monetary policy must respond nimbly to second inflation round: IMF official
In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India
 "Monetary policy must respond nimbly to second inflation round: IMF official")
When it comes to politics, inflation is no longer what it used to be
There is near total political silence around inflation with neither politicians nor their parties caring to take it up
India's services activity at 5-month high in Apr despite inflation worries
While input costs increased at the fastest rate in nearly 14 years, prices charged rose at their quickest rate in around half a decade.
 "India's services activity at 5-month high in Apr despite inflation worries")