Inflation

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Inflation - Total results - 2490
WPI inflation at six-month low of 10.66 percent in September; food prices ease
Business

WPI inflation at six-month low of 10.66 percent in September; food prices ease

WPI inflation has remained in the double-digit for the sixth consecutive month beginning April, and a lower rate of inflation was recorded in March at 7.89 percent.

Sri Lanka president Gotabaya Rajapaksa admits 'not delivering' as prices of essential goods soar
World

Sri Lanka president Gotabaya Rajapaksa admits 'not delivering' as prices of essential goods soar

A shortage of foreign currency has hindered the ability of the island nation of 21 million people to import goods, prompting the government to declare a state of emergency and impose rationing.

Oil prices surge again as OPEC+ decides against boosting output to ease inflation
World

Oil prices surge again as OPEC+ decides against boosting output to ease inflation

Some economists are worried that sustained oil prices of $80 per barrel could undermine the recovery of the global economy, already under strain from snags in supply chains.

Retail inflation for industrial workers eases to 4.79 percent in August
India

Retail inflation for industrial workers eases to 4.79 percent in August

The All-India CPI-IW (consumer price index-industrial workers) for August 2021 increased by 0.1 point and stood at 123 points.

Overall debt of states to hit Rs 71.4 lakh crore in FY22, says rating agency Crisil
India

Overall debt of states to hit Rs 71.4 lakh crore in FY22, says rating agency Crisil

The debt-to-GSDP ratio had risen to a decadal high of 34 percent last fiscal after the first COVID wave caught everyone by complete surprise

Nirmala Sitharaman says Afghan crisis may impact economy; claims inflation has come down
Business

Nirmala Sitharaman says Afghan crisis may impact economy; claims inflation has come down

In an exclusive interview to political editor Marya Shakil of CNN-News18, she also addresses the Infosys controversy by saying that the “anti-national statement" made by RSS-backed magazine Panchajanya was not right at all.

India’s wholesale inflation drops to 11.16% in July from 12.07% in June as food prices soften
Business

India’s wholesale inflation drops to 11.16% in July from 12.07% in June as food prices soften

Inflation in food articles eased for the third straight month, and was at 'zero' percent in July, down from 3.09% in June, even as onion prices spiked. Inflation in onions was high at 72.01%

WPI inflation eases to 12.07% in June as food, crude prices soften
Business

WPI inflation eases to 12.07% in June as food, crude prices soften

Inflation in fuel and power basket eased to 32.83 percent during June, against 37.61 percent in May

Two Gujarat Congress MLAs, several workers detained for protests over inflation, rising petrol, LPG prices
India

Two Gujarat Congress MLAs, several workers detained for protests over inflation, rising petrol, LPG prices

Protesters in Gujarat carried placards with slogans that read "People suffer due to price rise, but government remains indifferent" and "Enough of inflation, now where is the Modi government?"

Explained: Shrinkflation, or the practice of selling less of a product, at the same price as before
World

Explained: Shrinkflation, or the practice of selling less of a product, at the same price as before

Brands have tried to justify shrinkflation-related decisions as being about promoting lower consumption, especially in the case of edible goods, and also as an environmentally conscious decision. Some also claim it is part of a drive to improve the quality of their products.

Explained: How COVID-hit supply chains, stockpiling and climate change are pushing up food prices
India

Explained: How COVID-hit supply chains, stockpiling and climate change are pushing up food prices

While globally, harvests and harvest outlooks are expected to fall short of expectations, demand of food has remained high due to stockpiling by countries, pushing up the prices

RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23, says Barclays
Business

RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23, says Barclays

The brokerage expects inflation to be at 5.4 percent for FY22, higher than the previous fiscal's level and attributed the present surge in the price rise situation to global commodity prices

80% of India's informal workers lost jobs during COVID lockdown, 63% survived on two meals a day, shows data
India

80% of India's informal workers lost jobs during COVID lockdown, 63% survived on two meals a day, shows data

Government needs to take action regarding job security, social security benefits, food security, health benefits, and safety in the informal sector in such a way that it not only manages the current crisis, but also immunises the sector from future shocks

Retail inflation in India declines to 6.93% in November on softening food prices
Business

Retail inflation in India declines to 6.93% in November on softening food prices

The RBI, which mainly factors in retail inflation while arriving at key policy rates, has been mandated by the government to keep inflation at four percent

RBI cuts repo rate by 40 bps: It is unexpected like rain in summer; regulatory, monetary measures to boost economy, say experts
Business

RBI cuts repo rate by 40 bps: It is unexpected like rain in summer; regulatory, monetary measures to boost economy, say experts

The Reserve Bank of India (RBI) on Friday slashed the benchmark lending rate by 40 basis points to mitigate the impact of COVID-19 crisis.

RBI monetary policy: Central bank extends moratorium on loans for another 3 months till August
Business

RBI monetary policy: Central bank extends moratorium on loans for another 3 months till August

Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis

RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade
Business

RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade

The Reserve Bank on Friday announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade

RBI monetary policy: GDP growth in 2020-21 likely to be in negative territory, says Shaktikanta Das
Business

RBI monetary policy: GDP growth in 2020-21 likely to be in negative territory, says Shaktikanta Das

The Reserve Bank on India (RBI) on Friday said India''s gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of coronavirus has disrupted economic activities

Coronavirus Outbreak: RBI cuts repo rate by 40 bps to 4%; full text of Shaktikanta Das' statement
Business

Coronavirus Outbreak: RBI cuts repo rate by 40 bps to 4%; full text of Shaktikanta Das' statement

The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank reduced the repo rate by 40 bps to 4 percent to ease the financial stress caused by the Covid-19 pandemic

Coronavirus Outbreak: RBI slashes benchmark lending rate by 40 bps; extends moratorium on loans for another 3 months
Business

Coronavirus Outbreak: RBI slashes benchmark lending rate by 40 bps; extends moratorium on loans for another 3 months

In an off-cycle meeting of the Monetary Policy Committee (MPC), the decision was taken unanimously to cut repo to support growth.