Petrol and diesel prices were raised by ₹3 per litre as Brent crude stayed above $105 per barrel. Here's how rising fuel prices could impact inflation and the rupee
Elevated crude oil prices further worsen India's inflation-growth trade-off by putting pressure on the rupee, widening the current account deficit, & limiting the scope for aggressive monetary easing
Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra
In the 12 months through April, the CPI advanced 3.8 per cent . That was the biggest year-on-year increase since May 2023 and followed a 3.3 per cent rise in March
If the government allows prices to adjust swiftly in response to the changed supply situation, then people will automatically follow suit
The producer price index (PPI) increased 2.8 per cent from a year earlier, National Bureau of Statistics (NBS) data showed
Daily essential products such as soaps, detergents, biscuits, packaged foods, and beverages are expected to get costlier as leading FMCG companies are preparing for calibrated price hikes on account of rising crude-linked inflation, higher packaging costs, and fuel expenses from geopolitical disruptions that are squeezing margins. The executives of FMCG makers, which have already gone for recent price hikes of around 3 to 5 per cent, in their latest earnings calls have indicated either ongoing price increases or readiness to raise prices further, citing inflationary pressure arising from volatile crude oil prices, higher logistics costs, currency depreciation and disruptions in global supply chains amid geopolitical tensions. This pressure is being felt across sectors, including food, personal care, beverages and household products, as FMCG companies are attempting to balance their margins and are resorting to either price hikes or shrinking pack sizes, retaining the popular smaller
Indian companies raised prices of LPG, widely used as a cooking fuel in households, in March after the West Asia conflict disrupted energy supplies, an effect economists said likely carried into April
Inflation accelerated to multiyear highs across much of Asia, latest figures showed, led by higher transport, logistics and utility costs
India could consider lowering the inflation target and trimming the tolerance band if GDP growth remains robust with a more stable inflation over the next five years, RBI Deputy Governor Poonam Gupta said on Tuesday. However, if the global environment remains as challenging as it has been during the past six years, it would warrant both predictability and flexibility inherent in the existing framework, she said. The government, after consultation with the RBI, has notified the inflation target framework for a five year period through March 31, 2031. As per the framework, the Reserve Bank has to keep inflation at 4 per cent (+/-2 per cent) from FY27-FY31. Speaking at an NCAER seminar, Gupta said the future of the inflation targeting framework in India would depend on the combination of inflation and growth outcomes as they evolve during the next five years. Also, the future inflation targeting framework would have to take into account the global shocks that the economy may have to
Instead of panic, respond with preparedness; keep separate money pools of money for short-, medium-, and long-term needs
From India's FTA strategy and Sun Pharma's global ambitions to LPG shortages, West Asia risks and Asean ties, here are the key insights from today's Opinion page
This year's adverse weather conditions will likely push inflation above 5 per cent in the fiscal year beginning April 1, exceeding the RBI's projection of 4.6 per cent
RBI MPC member flags adverse shift in growth-inflation balance, warns of rising policy risks amid global uncertainty and persistent inflation expectations
As digital payments reshape consumption patterns, questions arise over whether India's CPI-based inflation targeting adequately reflects real transaction prices in a rapidly evolving economy
War, weak monsoon raise upside risks to inflation
Malhotra further highlighted India's continued commitment to regulatory reforms and enhanced ease of access and operations for foreign investors
Fitch warns India's fiscal deficit may exceed the FY27 target due to higher subsidies and policy support, while Moody's sees rising inflation and unemployment risks
Nestle India reported strong Q4 growth, but rising raw material costs, sustained ad spends and high valuations may limit upside despite volume-led gains
India can sustain economic growth despite crude prices in the $90-100 per barrel range, supported by strong consumption, infrastructure spending and macroeconomic resilience