Tag: icra
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists
New Delhi: Fuel price hikes and higher import duties on gold and silver could push retail inflation to 5 per cent by June, but the…
RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra’s Aditi Nayar
Mumbai: The Reserve Bank of India (RBI) is unlikely to rush into monetary tightening despite mounting inflation risks from higher fuel prices and monsoon uncertainty,…
Core sector output rises 1.7% in April
India’s core sector output grew 1.7% year-on-year in April, up from 1.2% in March, supported by stronger electricity generation and cement production, official data released…
ICRA sees Q4 growth slowing to three-qtr low of 7%
New Delhi: India’s economic growth likely slowed to a three-quarter low of 7% year-on-year in Q4FY26 from 7.8% in the previous quarter, as slower expansion…
ICRA lowers India’s FY27 GDP growth estimate to 6.2%
India’s GDP is likely to grow at 6.2 per cent in FY27, down from the earlier estimate of 6.5 per cent amid elevated crude oil…
Fuel price hike may push inflation up by 20 bps, say experts
New Delhi: Retail inflation could accelerate by 15-20 basis points (0.15-0.20 percentage points) in the coming months following the fuel price hike announced on Friday,…
India bans sugar exports till September to stabilise domestic prices
New Delhi: India has banned the export of sugar till September 30 as the government seeks to stabilise domestic prices amid tightening supply conditions. The…
Wholesale inflation hits 42-month high of 8.3% in April
India’s wholesale inflation surged to a 42-month high of 8.3% year-on-year in April, from 3.9% in March, largely driven by the rising prices of fuel,…
Retail inflation up a tad on rise in food, bullion prices
New Delhi: Retail inflation jumped to a four-month high of 3.5% year-on-year in April, up slightly from 3.4% in March, led by rising food and…
Rain check! A dry economic switch may add to Indians’ war-led shocks
If your vegetable bill jumps suddenly this year, it might have something to do with how the rains unfold. In India, rain isn’t just weather;…