Today's opinions analyse inflation risks, education quality, AI's impact on jobs, China's economic influence and how nutrition can help improve healthy ageing
June inflation rose above the RBI's 4% target, with food, oil prices and monsoon risks clouding the outlook, making a status quo on rates the likely policy choice
Cooling core inflation and a lower annual inflation outlook are prompting economists to scale back expectations of RBI rate hikes despite June's retail inflation uptick
Fuel costs lift food prices; experts don't expect rate hike
Food inflation in June increased to 5.32 per cent in June from 4.78 per cent in May, indicating renewed pressure on household food expenses
India's policy calendar this week will track inflation, wholesale prices, trade agreements and forex reserves
This would also be the highest inflation reading since India introduced its revised consumer price index series with a new base year and updated consumption basket in January
RBI Governor Sanjay Malhotra emphasised to remain watchful and wary about the generalisation of inflation in the coming months, while voting for status quo on interest rates earlier this month, according to MPC minutes. The Reserve Bank of India (RBI) on Friday released the minutes of meeting of the Monetary Policy Committee (MPC) held during June 3-5. Other five members of the panel too voted for keeping the benchmark interest interest rate unchanged. The RBI kept the repo rate unchanged at 5.25 per cent and also announced a raft of measures to attract foreign capital and support the rupee amid growing risks to growth and inflation from the prolonged West Asia conflict. Malhotra opined that there was high uncertainty in the assumptions made for projections of both inflation and growth on account of several reasons the duration of the conflict and the disruption in supply chains, the intensity and geographical spread of monsoon and its impact on energy, food and other commodity ..
India's macro picture stayed broadly resilient this week, but higher fuel and food prices, global uncertainty, and policy adjustments kept pressure on households and companies
Retail inflation accelerated to 3.93 per cent in May, nearing the RBI's target, as higher food and transport costs offset the favourable base effect
Food inflation rose to 4.78 per cent in May, pushing up overall price pressures; rural inflation accelerated to 4.25 per cent, remaining above urban inflation at 3.53 per cent
India's policy calendar this week will be driven by a high-level EU visit, inflation data and key indicators on banking liquidity and external sector stability
The duration of the Strait of Hormuz disruption remains the 'single most consequential variable' for India's external and price outlook, the report said
Having witnessed a prolonged period of benign inflation in the last decade, we should have expected FMCG companies to witness great volume growth, if not value. However, the opposite has been true
Petrol and diesel prices were raised by ₹3 per litre as Brent crude stayed above $105 per barrel. Here's how rising fuel prices could impact inflation and the rupee
India raised petrol and diesel prices for the first time since 2022 as global crude prices stayed elevated. Here's how the government, OMCs and consumers are sharing the oil shock
Sharp rise in fuel and energy prices amid the West Asia crisis pushes wholesale inflation to its highest level since October 2022
Retail inflation inched up to 3.48% in April as food prices rose further, while experts warned of indirect pressure from higher global energy costs and a potentially weak monsoon
Food inflation, measured by the All India Consumer Food Price Index (CFPI), rose to 4.20 per cent in April from 3.87 per cent in March.
India's policy focus this week will be on retail and wholesale inflation data, along with India-Oman trade talks