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Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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Wholesale Price Index records 1.84% inflation in September 2024 amid rising food prices

In terms of the overall WPI, the index for all commodities reached 154.6 in September 2024, registe…

ANI   


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Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…

PTI   


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1 min read

Sensex and Nifty extend losses amid inflation woes and FII selling pressure

Despite domestic investors buying shares, sectors like FMCG and energy faced pressure. However, rea…

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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   


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Swiggy sets IPO price band between Rs 371-390/share; offer likely to open on November 6th. Here's all you need to know

The offer will conclude on November 8, and the listing is tentatively scheduled for November 13, 20…

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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   


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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   


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RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Wholesale inflation rose for fourth straight month in June to 3.36%, owing to rising vegetable and food prices

Wholesale inflation in the country rose for the fourth consecutive month in June at 3.36 per cent o…

PTI   


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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…

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RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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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   


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India's retail inflation eases further in May; here's what experts say

Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…

ANI   


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Swiggy makes a grand debut, stock surges 10% on first day of listing

Food delivery giant Swiggy debuted on the Indian stock market with its shares listing at a premium …

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Voters worldwide are angry about higher prices and keep punishing those in power

Incumbent governments have lost ground in Britain, France, Japan, India, and elsewhere this year, s…

Theron Mohamed   


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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

ANI