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
Prices of food items like cereals (7.33 per cent), wheat (9.75 per cent), pulses (5.08 per cent), onion (28.33 per cent), and milk (2.69 per cent) accelerated during the month
As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters' fears about the economy. I will very quickly deflate, he promised at a California rally. We are going to take inflation, and we are going to deflate it. We are going to deflate inflation. We are going to defeat inflation. We're going to knock the hell out of inflation. Wednesday's consumer price index report showed that inflation is punching back and President Trump could end up facing the same challenges that dragged down his predecessor, President Joe Biden. The annual inflation rate has risen in the three months since the November election to 3%, with gasoline prices climbing despite Trump's claims that his return to the White House would signal increased oil production that would lower energy costs. Trump frequently makes far-reaching assertions about his power to bring about change only to find that it is no match for market forces. It's a humbling reminder that even US preside
January 2025 CPI-based inflation: Food inflation fell to 6.02 per cent in January 2025, the lowest since August 2024
Opposition parties on Monday attacked the Union government on various issues, including rising inequality in terms of income amid rising inflation and joblessness in the country. Participating in the discussion on Union Budget 2025-26 in the Rajya Sabha, DMK MP Tiruchi Siva said the Union Budget shows the government's priorities and intent. "The Budget is not merely a statement of accounts, but one of intent. Our Prime Minister has described this Budget as a roadmap for Viksit Bharat. But the numbers reveal that the path seems only a mirage," he stated. He noted that the Budget was presented as a proclamation of progress but it conveniently hides the realities of the time like stagnant growth, growing inequality, and a sizable demographic dividend slipping off the fingers. "This government's policies have only enriched the privileged few, leaving behind a section of people with joblessness, inflation, and shrinking opportunities," Siva said. He noted that 1 per cent of people in t
The consumer price index (CPI) has extensive relevance in people's daily lives. Periodic review of CPI composition and weights assigned will keep it robust and relevant
Truth be told, the government can also benefit from a successful variable PPP. If private-sector employees adopt it, government employees could follow
New Reserve Bank Governor Sanjay Malhotra on Friday lauded the Union Budget for FY26 as "excellent", which will help in economic growth as well as in the central bank's core objective of curtailing inflation. Malhotra, a career bureaucrat who took over as the Governor of RBI in December, also said that the Rs 1 lakh crore of tax relief given to the middle class to spur consumption will not have any major impact on inflation. "Overall, it is an excellent budget both from a growth perspective as well as from an inflation perspective," Malhotra told reporters hours after announcing a 0.25 per cent repo rate cut, the first such move by the RBI in five years. He said the government has curtailed the fiscal deficit at 4.4 per cent, which is better than the 4.5 per cent under the earlier announced fiscal glide path. Malhotra said the proposals on vegetables, fruits and pulses through dedicated programmes will help curb inflation in the medium to long term. He explained that about 46 per
In its December 2024 Monetary Policy Committee meeting, the RBI kept the repo rate unchanged at 6.5 per cent for the eleventh consecutive meeting
The cost of a homemade meal rose in January year-on-year due to a hike in the prices of potatoes, pulses and chicken, a report said on Thursday. A jump in the chicken prices led to a more pronounced jump in the non-vegetarian thali, the monthly roti, rice rate report by a unit of ratings agency Crisil said. The cost of a vegetarian meal increased to Rs 28.7 per plate from Rs 28 per plate in the year-ago period, on a 35 per cent growth in potato, 7 per cent in pulses and 17 per cent in vegetable oils, it said, adding that an 11 per cent drop in fuel costs helped temper the impact. When compared with the preceding month, the cost of a veg thali cooled from Rs 31.6 per plate on a 34 per cent fall in tomato prices, 16 per cent decline in potato and 21 per cent in onion prices, it said. In the case of non-veg thali, the cost of preparing a plate went up to Rs 60.6 each from Rs 52 a year ago on a 33 per cent jump in broiler, which accounts for 50 per cent weight in the overall price, it