Tag: el nino
rbi: RBI’s 250 bps rate hike helped ease inflation by 90 bps
RBI seems to have done well in managing inflation at a time 52 per cent of the recent inflation is due to supply side factors…
India’s growth momentum may continue in FY24: RBI
Kolkata: India’s standout growth momentum should sustain through this year of poor global economic expansion on moderating inflation, the central bank said in its annual…
IMD predicts normal monsoon for this year despite El Nino threats – The Economic Times Video
Barring the northwestern region, India is set to receive normal rainfall this monsoon season despite the El Nino phenomenon which is set to return after…
rbi: Ground realities to guide rate action in June, inflation may have eased further in May: RBI Governor
Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said the monetary policy committee (MPC) would be guided by “what’s happening on the ground”…
April rings in good times as GST collections rise, inflation eases
April marks a ‘good beginning’ to FY24, the finance ministry said, pointing to strong goods and services tax (GST) collection and other high-frequency data, but…
Centre approves ₹1.08 lakh cr kharif fertiliser subsidy; rates to remain unchanged
The Union Cabinet on Wednesday decided not to increase fertiliser rates and approved a crop-nutrient subsidy of ₹1.08 lakh crore for the June-September kharif or…
Easing policy may not be easy even at 18-month low inflation
Retail inflation at a 18-month low may be comforting for investors, but the central bank’s MPC when it meets in June will have its plate…
Indian Economy: Index of consumer sentiment expected to grow by 2-3% in April: CMIE
Index of consumer sentiment is expected to grow by 2-3% in April, which will be a distinct improvement over the 1.2% growth registered in March…
El Nino contingency plan being readied for farmers & output
The government is putting in place a contingency plan to mitigate harm and protect farmers and farm output as chances of El Nino in the…
India will be able to export sugar despite El Nino forecast: Official
India’s sugar production next season will be enough to meet the local demand and the country will also be able to export some quantities of…