India consumer price inflation likely cooled to a nine-month low of 6.40% in November mainly due to a moderation in food prices, according to a Reuters poll of economists.
Inflation has… Read More...
Mumbai: The central bank’s goal of reducing inflation to 4% would be a two-stage process, although repeated shocks are making the journey to the milestone harder, an assessment on the… Read More...
The chances of a 50 basis point increase in the next monetary policy committee (MPC) meeting is gathering momentum as food price inflation is likely worsening due to extended monsoon… Read More...
It is likely to be two years before inflation comes to the target of 4 percent and remains there on a sustained basis as many factors and uncertainties are at play, Governor Shaktikanta… Read More...
Indian consumer prices continue to remain "unacceptably and uncomfortably" high after hitting a recent peak in April, said members of the central bank's monetary policy committee (MPC),… Read More...
Higher prices of certain food items have pushed the retail inflation for farm workers and rural labourers to 6.43 per cent and 6.76 per cent, respectively, in June. In the same month… Read More...
The average headline inflation is set to accelerate to a nine-year high at 6.9 per cent in FY23, and the Reserve Bank may go for more rate hikes during the fiscal, a domestic ratings… Read More...
The Reserve Bank's decision to raise benchmark interest rates and the likelihood of a good monsoon will help in containing inflation, Sanjiv Bajaj, the newly-elected president of… Read More...