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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
3 mins read
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
2 mins read
Markets take a breather after record rally; settle marginally lower in volatile trade
The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…
PTI
1 min read
The inflation report dashes hopes of a jumbo rate cut next week
Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…
Madison Hoff
2 mins read
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
3 mins read
Here's why the stock market is throwing a tantrum about new inflation data
Annual inflation cooled to its lowest level in three years, but the stock market still isn't happy.
Jennifer Sor
2 mins read
Stock market today: Indexes rise as investors assess producer inflation and jobless claims data
Indexes rose Thursday as investors digested a slight uptick in jobless claims and the producer pric…
Kelly Cloonan
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
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
Stock market today: US stocks rise on solid earnings and in-line inflation reading
Fitch Ratings said the PCE data was a "double dose of good news" for investors as inflation data fi…
Matthew Fox
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
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
1 min read
Retail inflation eases marginally to 1-year low of 4.75% in May: Govt data
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items de…
PTI
2 mins read
Inflation cooled off more than expected in June
Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.
Madison Hoff
3 mins read
Wholesale inflation touches 15-month high in May
Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…
PTI
2 mins read
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says
Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UB…
Jennifer Sor
2 mins read
Stock market today: Dow soars 654 points as traders celebrate inflation data
Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…
Filip De Mott
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
Stock market today: Indexes rebound as inflation data reinforces Fed rate-cut bets
June's PCE inflation data came in line with expectations, and showed inflation modetaing at a 2.6% …
Filip De Mott
3 mins read
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…