The IMF on Thursday said the impact of weather events such as the Super El Nino was yet to materialise for India, which remains the engine of growth for the world economy. The IMF listed lower crop yields, increased food price inflation and its impact on the purchasing power of households in India due to the Super El Nino. "So these are risks that we see that India faces, but right now those risks have not materialised," IMF Communications Director Julie Kozack told a press conference here. She said the IMF will reassess India's growth projections in the January World Economic Outlook update after the risks posed by the weather event materialise. Earlier this month, the IMF raised India's growth forecast for fiscal year 2027 and fiscal year 2028 to 7 per cent, from the 6.4 per cent and 6.7 per cent projections respectively made in July. "So, we see it really as a risk going forward, and of course depending on whether that risk materialises, we will reassess our growth projections
The finance ministry flagged elevated crude oil prices, food inflation and kharif crop uncertainty as key risks to price stability, while projecting 7.35% GDP growth in Q2FY27
Tata Consumer Products share price: JM Financial analysts also expect margin delivery to improve, with full benefits of the price hikes in tea and salt to be seen in Q3FY27.
Retail sugar inflation reached 29.80% nationally in September, its highest level in the new CPI series, while wholesale inflation eased to 12.72% from 16.29% in August
Developing countries face rising debt costs, inflation and AI risks, but the Bangkok meetings ended without new initiatives, leaving familiar fiscal advice and uncertainty
On this episode of Macro Matters, host Ankur Bhardwaj is joined by A K Bhattacharya, Sanjeeb Mukherjee and Archis Mohan to unpack some of the biggest developments shaping India’s economy and politics.
India Ratings expects wholesale inflation to exceed 12 per cent and retail inflation to breach 6 per cent in October, driven by adverse base effects, weather conditions and rising energy prices.
At 11.39%, the rise was driven by a broad-based increase in prices of food, fuel, and manufactured goods
India's wholesale inflation accelerated from 9.92 per cent in August as fuel and power prices climbed, food inflation quickened and factory-gate prices rose across several industries
Tamil Nadu's retail inflation rose to 6.81 per cent in September, while Telangana slipped to fourth place as all-India inflation climbed to 5.54 per cent amid rising food prices
The latest reading marks the highest retail inflation rate recorded so far in 2026, with inflation rising every month since January, when it stood at 2.74 per cent
Consumer inflation is expected to have risen to 5.4% in September from 4.82% in August, as higher food and crude oil prices add to inflationary pressures
A 25-bps hike today may reduce some near-term policy flexibility, but it also lowers the risk of having to undertake a much sharper adjustment later, said Sujan Hajra, chief economist at Anand Rathi
The yield on India's 10-year bonds jumped 5 basis points to 7.27 per cent after the decision and was up 8 bps compared to Tuesday's close of 7.19 per cent, according to data on Bloomberg.
"Inflation has gone up by about 3 percentage points in South Asia" since the conflict, Ohnsorge said
Compelling reasons for an increase in the repo rate
We need to watch how entrenched inflation is and how demand-led growth is
We are still in the early stages of reaping the full benefits of FIT. It is, therefore, imperative to remain focused on the primary objective, he said
India's inflation-targeting framework has anchored price expectations, but economists see scope to refine its mandate
Ghate says flexible inflation targeting has established a credible nominal anchor, while stronger monetary-fiscal coordination remains important for managing inflation