Page 5 - Inflation

Three RBI rate cuts likely from June as inflation dips below 4% target

With inflation staying under RBI's 4% target for two months, economists expect three back-to-back repo rate cuts, starting with a 25 bps reduction in June

US consumer prices rise marginally in April; impact of tariffs awaited

Though the U.S. and China took a major step towards de-escalating their trade war over the weekend, a 10% blanket duty on almost all imports remains in place, as do sectoral tariffs

CPI base year revision for agri and rural workers may push up minimum wages

Unaware of recent Delhi govt decision to hike minimum wages in the national capital, Lal and his fellow workers continue to receive same wage as three years ago when they started working in unit

Consider inflation while providing aid to farmers, says VP Dhankhar

Vice President Jagdeep Dhankhar on Sunday advocated Direct Benefit Transfer (DBT) in fertiliser subsidies for farmers based on the US pattern and demanded that inflation be factored in while providing financial assistance to agriculturists, like the salaries of legislators and MPs. Addressing faculty members and students of the Rajmata Vijayaraje Scindia Agriculture University in Gwalior, the vice president said, "The Prime Minister has factored in inflation while revising the salaries of legislators and MPs, so why not when supporting farmers? Assistance provided to farmers must also account for inflation". Emphasising the need for Direct Benefit Transfer (DBT) in fertiliser subsidies, Dhankhar said, "In the United States, all aid provided to farmers is given directly, not through intermediaries. Just like we have the PM-KISAN scheme in India, the Indian government also spends heavily on fertiliser subsidies. "It is now a matter for both reflection and research. If the same money i

Room for RBI to respond to global growth drag: Bandhan AMC's Choudhary

The weakening of the dollar reflects some unwinding of the so-called 'US exceptionalism' theme, which had attracted disproportionately large allocations to dollar assets over the years

RBI MPC minutes: Members see need to support growth on benign inflation

The MPC decided to cut the policy repo rate by 25 basis points earlier this month, after reducing the rate by a similar magnitude in the February meeting

Retail inflation at 6-year low a result of govt efforts: Finance ministry

It said that this trajectory underscored the country's resilience and commitment to ensuring price stability without compromising on development goals

Kerala logged highest inflation in March, Telangana lowest, shows NSO data

Only states with a population of more than 5 million, according to the 2011 census have been taken into consideration

UK inflation slows to 2.6% in March, lowest level in three months

Falling fuel prices and unchanged food costs helped bring down the inflation rate but the price of clothes rose strongly after a surprise fall in February

Retail inflation eases to 3.34% in March, lowest since August 2019

WPI-based inflation cools to a six-month low

Retail inflation eases to 3.34% in March, lowest since August 2019

March food inflation fell to 2.69% in March from 3.75% in February -- the lowest level since November 2021

India inflation in March steady at 3.6% after four months of decline: Poll

Food price rises had steadily moderated over the previous four months but likely bottomed in March as the country's farm industry experienced uneven rainfall and heat waves

Fear of Trump's trade war sends US consumer sentiment plunging

US consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fuelled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan's closely watched consumer sentiment index, released Friday, fell 11 per cent on a monthly basis to 50.8, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment has tumbled 34 per cent. The decline was pervasive and unanimous across age, income, education, geographic region, and political affiliation, said Joanne Hsu, director of the survey. The share of respondents expecting unemployment to rise in the coming months increased for the fifth straight month and is now the highest since 2009 during the Great Recession. While consumer sentiment is not always a reliable indicator of the overall economy, it has at times reflected shifting vibes in how the public feels about presidential .

We will provide sufficient liquidity for monetary policy transmission: RBI

The RBI has guided that liquidity should be 1-1.5 percent of NDTL

Households expect inflation pressures to ease; consumer confidence rises

Pessimism about employment conditions dips

Policy adjustment: RBI rate cut prudent move in face of global uncertainty

Although uncertainties in the global economy have increased significantly because of a sharp increase in tariffs by the United States, the decision for MPC this week was fairly straightforward

RBI lowers FY26 GDP growth forecast to 6.5% on global trade uncertainties

Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production

Monsoon 2025: Skymet expects 'normal' seasonal rainfall at 103% of LPA

The LPA for the June to September monsoon months is 868.6 millimetres, according to Skymet, and rainfall between 96-104 per cent of the LPA is considered 'normal'

Swap markets signal RBI could do more than just a 25-bp rate cut this week

The one-year OIS rate stands around 5.88%, its lowest level since May 2022, while the five-year rate is around 5.71%, its lowest since February 2022

RBI's MPC meet starts on Monday amid expectations of a policy rate cut

Also, focus will be on liquidity-related measures to boost transmission of policy rates to bank lending and deposit rates