The new CPI series with an updated base year is slated to come into effect in February 2026, along with a new series for other macro indicators like GDP and IIP
Central bank's role has expanded significantly beyond initial mandate, he says
Is a weaker rupee good or bad for India's economy? From rising inflation and trade deficits to the RBI’s role in currency stability, we break it all down.
The RBI shall continue to be supportive to manage excessive volatility without targeting any particular level or band of exchange rate, said Malhotra
Australians will go to the polls on May 3 for general elections with high costs of living and a shortage of housing likely weighing against the government as Prime Minister Anthony Albanese's centre-left Labour Party seeks a second three-year term. Albanese drove to Governor-General Sam Mostyn's official residence on Friday to trigger the election and announced the date later at a news conference at Parliament House. "Over the last few years, the world has thrown a lot at Australia. In uncertain times, we cannot decide the challenges that we will face, but we can determine how we respond," Albanese said. "Our government has chosen to face global challenges the Australian way: helping people under cost-of-living while building for the future," he added. Many expect opposition leader Peter Dutton's conservative coalition to pick up seats in the House of Representatives. An Australian government has not been ousted after a single term since 1931, when the nation was grappling with th
Accenture said last week discretionary spending has picked up in financial services and in the US
"The Bank of Russia estimates that the achieved tightness of monetary conditions creates the necessary prerequisites for returning inflation to the target in 2026," the regulator said in a statement
Minutes from the meeting showed that eight members voted to keep policy unchanged, with one backing a quarter-point reduction
The inflation was led by acceleration in the prices of manufactured goods categories like food products
India's headline consumer price index (CPI) inflation eased to 3.61 per cent in February-the lowest since July 2024-on the back of a sharp decline in food inflation
Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport
The New York Federal Reserve runs a "recession probability gauge", which serves to aggregate predictions of recessions. This index has hit its third-highest peak in decades for August 2025
Average home prices in India will surge 6.5 per cent this year and 6.0 per cent next, following a rise of about 4.0 per cent last year
Congress leader Rahul Gandhi on Monday took a dig at the Centre over its handling of the economy, saying only "economic failure, unemployment, inflation and lies" were "manufactured" in bulk under the Narendra Modi government. The former Congress president called for the removal of "unjust" taxes, eliminating monopoly, opening the doors of banks and giving rights to the talented. "If anything has been 'manufactured' in bulk under the Modi government, it is economic failure, unemployment, inflation and lies!" Gandhi said in a post in Hindi on Facebook. "Remove unjust taxes, eliminate monopoly, open the doors of banks, give rights to talent Only then will the building of the economy, employment and a strong India begin!" he said. The Congress has been attacking the government over its handling of the economy, claiming the issues of rising prices, decreasing private investment, and stagnating wages were hitting the common people hard. Flagging the issues of low consumption expenditu
To beat inflation one construct the portfolio in a manner which proper debt to equity mix to beat inflation
Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting back due to inflation in large cities and high prices of commodities
Slamming the Centre over the rising prices of certain food items, the Congress on Saturday said if the Narendra Modi government cares even a little about people, it should first accept the problem of inflation and take necessary steps to provide relief to them. Congress general secretary in-charge communications Jairam Ramesh cited a media report, which said the average inflation rate has come down due to the fall in the prices of vegetables, but the prices of some food items are constantly increasing, especially those of pulses. "The people of the country are troubled by the inflation under the Modi government. It is becoming difficult for the poor to even arrange two meals a day. Inflation is skyrocketing in everything," Ramesh said in a post in Hindi on X. "No matter how much the Modi government denies the talk of inflation and unemployment, its own reports are bringing out the truth from time to time," he said. Now, the monthly report of the Reserve Bank of India (RBI) has ...
The law mandates the RBI's primary objective is maintaining price stability, keeping an eye on growth. It does not mention managing the exchange rate
Senco Gold share has declined 61 per cent from its 52-week high level of Rs 772, which it hit on October 7, 2024
Vimal Kejriwal, managing director and CEO of KEC International, in a recent call with analysts, noted that labourers earlier worked at a site for close to a year before availing their annual leave