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3 mins read
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
2 mins read
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
3 mins read
Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead
In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…
ANI
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
2 mins read
WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables
New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…
PTI
2 mins read
RBI retains inflation projection for FY25 at 4.5%
The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…
PTI
1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
2 mins read
Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards, notes UBI report
On the monsoon front, the cumulative rainfall over the country has turned from a deficit to an 8 % …
ANI
2 mins read
Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead
Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
1 min read
RBI to hold rates, may sound more confident of reaching inflation target, says report
The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the mon…
PTI
2 mins read
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
3 mins read
Wholesale inflation falls to 3-month low of 2.04% in July as food prices ease
In April wholesale inflation stood at 1.19 per cent. As per the data, food inflation in Ju…
PTI
2 mins read
Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change
Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…
2 mins read
Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead
HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…
2 mins read
RBI leaves key repo rate unchanged, focus on keeping inflation in check
The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…
2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…