Narendra Modi's Rs 20 lakh crore stimulus blends shrewd geo-economics with Swadeshi-coated booster, but it may not be a panacea for jobs growth
While global investors with their view from a London or New York may look at India as a long-term alternative to China, the Modi government's own close relations with Japan may provide leverage.
The government did not release the April CPI inflation data on Tuesday as the nationwide lockdown prevented officials from collecting price data at various centres
Coronavirus Impact: Retail inflation likely fell to a five-month low in April over sluggish demand, says report
Retail inflation eased to a five month low in April as the nationwide lockdown imposed to try to quell the spread of the coronavirus and subsequent sluggish demand drove price pressures down, a poll surveys revealed.
RBI governor Shaktikanta Das on Friday said the inflation is on a declining trajectory and could fall below the central bank's 4 percent target by the second half of this fiscal amid challenges posed by Covid-19 pandemic
Coronavirus Outbreak: Economists expect retail inflation to spike in April due to nationwide lockdown
Economists on Monday termed the ease in March CPI inflation to a four-month low of 5.1 percent as a misplaced sense of improvement because the impact of lockdown on food prices will be felt in April
The retail inflation based on Consumer Price Index (CPI) was 6.58 percent in February 2020 and 2.86 per cent in March 2019.
Retail inflation likely fell to a four-month low of 5.93% in March on softer food, fuel prices, reveals poll
India’s retail inflation is expected to have dropped to a four-month low in March on softer food and fuel prices and as already slowing demand likely plummeted due to a nationwide lockdown towards the end of the month, a Reuters poll found
The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months as it slashed the cost of fresh borrowing by cutting policy interest rate by steepest in more than 11 years, joining the efforts of the government to counter the economic fallout of the fast-spreading coronavirus pandemic
Coronavirus Outbreak: RBI cuts repo rate by 75 bps; full text of Shaktikanta Das monetary policy statement
The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind
Coronavirus Outbreak: RBI cuts repo rate by 75 bps to 4.40%; full text of seventh bi-monthly policy statement
All members voted for a reduction in the policy repo rate and maintaining the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target
Retail inflation cools first time after six months to 6.58% in February on easing of vegetable prices
Retail inflation dropped for the first time after six months in February, easing to 6.58 percent as prices of vegetables and other kitchen items cooled, government data showed on Thursday
Retail inflation slows to 6.58% in February on easing food prices; industrial production grows 2% in January
Retail inflation slowed to 6.58 percent in February over the previous month mainly due to easing food prices, government data showed on Thursday
The Nikkei/IHS Markit Services Purchasing Managers’ Index climbed to 57.5 in February from January’s 55.5.
Economy likely grew 4.7% in December quarter; small rebound in rural demand, private consumption expected: Report
About 90 percent of economists in the poll forecast growth for the October-December quarter at 5 percent or below.
RBI rate committee torn between growth concerns, inflation fears; says timing of any cuts would be critical
The MPC kept rates on hold as expected on 6 February while also retaining its accommodative monetary policy stance as long as it was necessary to revive growth
Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals
The twin set of macroeconomic data released on Wednesday doesn’t augur well for the economy
Retail inflation accelerates to 7.59% in January; economists, bankers say RBI to be in hold mode in April
The sharp spike in food inflation has led January CPI to breach a six-year high of 7.59 percent compared to 7.35 percent seen in December
Industrial production shrinks 0.3% in December as manufacturing sector dips; retail inflation rises to 7.59% in January on high food prices
The food inflation last month was 13.63 percent, compared with (-)2.24 percent in January 2019. However, it is down from 14.19 percent in December.
Retail inflation likely hit near six-year high at 7.40% in January, says poll; official data to be out on 12 February
Indian retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a small majority of economists in a <em>Reuters</em> poll, which may persuade the Reserve Bank of India (RBI) to keep interest rates on hold in the coming months
RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures
India Inc on Thursday welcomed the measures announced by the RBI to boost growth and improve liquidity, but called for slashing the policy rate, which was kept unchanged for the second time in a row