Inflation

Is India's inflation targeting sufficiently capturing the digital economy?

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

West Asia crisis: Supply woes could trigger demand shock, says RBI Bulletin

War, weak monsoon raise upside risks to inflation

External debt and inflation within target: RBI governor Sanjay Malhotra

Malhotra further highlighted India's continued commitment to regulatory reforms and enhanced ease of access and operations for foreign investors

India fiscal deficit may breach target, rise to 4.5% in FY27: BMI

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

Margin concerns and high valuations may cap gains for Nestle India

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 growth despite crude at $90-100 per barrel: Assocham

India can sustain economic growth despite crude prices in the $90-100 per barrel range, supported by strong consumption, infrastructure spending and macroeconomic resilience

India's unemployment to tick up, inflation to rise in 2026: Moody's

Moody's Analytics projects India's unemployment rate to edge up to 7 per cent in 2026, while inflation may rise to 4.5 per cent, the highest among Asia-Pacific peers

UK inflation rises to 3.3% in March as Iran war impact begins to hit

The British central bank is expected to keep borrowing costs on hold on April 30 at the end of its next scheduled Monetary Policy Committee meeting

Second-round effects of supply shocks a real concern, says RBI governor

Forex intervention as needed; not committing to indefensible peg: Malhotra

'Iran war may be as disruptive for India as Covid; long-term impact likely'

Although the government is sticking to its forecasts of 6.8 per cent-7.2 per cent for the fiscal year through March 2027, several economists have already started to downgrade their projections

Fuel pushes March wholesale inflation to 3.88%; highest in 41 months

The increased rate of inflation in March was primarily due to a jump in prices of crude petroleum & natural gas, other manufacturing, non-food articles, manufacture of basic metals and food articles

IMF lifts India FY27 growth to 6.5% as lower US tariffs offset risks

IMF has raised India's FY27 growth forecast to 6.5 per cent, saying lower US tariffs could offset the impact of West Asia tensions even as global growth and trade outlook weaken

Crude oil prices at $130 could unsettle growth outlook: S&P Global

S&P Global says crude at $130 per barrel could slow India's growth, widen fiscal deficit, raise inflation and strain corporate and banking sector performance

Policy challenge: Oil shocks and monsoon risks cloud India's outlook

The brunt of the war and persistent geopolitical tensions could vary across countries, with economies dependent on imported energy likely to face a greater impact

Gold falls as US blockade of Strait of Hormuz raises inflationary risks

Bullion fell as much as 2.2 per cent to dip below $4,650 an ounce in early trading, before paring losses

India's high valuation premium to other EMs won't return easily: Amish Shah

Shah said any further market upside is likely to be earnings-led rather than driven by valuation expansion

Rising yields, inflation to keep FY27 corporate bond issuances subdued

Corporate bond issuances likely to remain subdued in FY27 as elevated yields, inflation risks and liquidity conditions weigh on fundraising activity and investor appetite

Crude sustaining above $100 will push inflation beyond 6%, says HSBC

Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI's tolerance band, and trigger rate hikes, a foreign brokerage has said. Economists at HSBC said that consumer price inflation (CPI) will remain below 6 per cent if oil prices average below USD 100 per barrel, as per its modelling. "... Sustained oil above USD100/bbl would push inflation beyond 6 per cent, likely triggering rate hikes," the economists said, adding that we are at "crossroads" as Brent has averaged USD 100 in March. Amid speculation ahead of next Wednesday's monetary policy announcement on whether the RBI uses interest rates to defend the rupee, the report suggested risks of such a move. "An interest-rate defence for the INR can be expensive when the growth drag becomes non-linear and intensifies quickly with higher oil prices," it said. The economists recommended adopting a "neutral" stance on both the monetary and fiscal fronts for now, as the ...

Best of BS Opinion: All eyes on RBI's policy meeting amid Iran conflict

From Sebi's governance gaps and inflation targeting to investor protection concerns, AI-led consumer insights, and evolving global discourse, today's BS Opinion offers sharp perspectives

Inflation dynamics: Ongoing Iran conflict will complicate policy choices

Research has shown that both the inflation rate and volatility moderated after the adoption of the flexible inflation-targeting framework