Tag: india inflation
WEF sees India as bright spot amid Iran war
New Delhi: India remains the world’s brightest growth spot despite mounting inflationary pressures and risks stemming from the West Asia conflict, with a majority of…
West Asia crisis may soon make everyday goods costlier in India
New Delhi: The sharp rise in global commodity and energy prices triggered by the West Asia conflict is beginning to spread beyond crude oil and…
India’s inflation puzzle: How will fuel price play out
India’s inflation debate appears to be entering a complicated phase. On the surface, retail inflation appears under control, giving consumers and policymakers some relief. But…
Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job losses
Former UN Advisor and economist Santosh Mehrotra, on Saturday, urged the government to shift its fiscal strategy by aggressively taxing the super-rich and high-net-worth individuals…
India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar
Kolkata: India’s foreign exchange reserves declined $7.794 billion in the week ending May 1 to $690.693 billion, according to data released by Reserve Bank of…
Asia heat waves spell double trouble for economies hit by oil
Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Niño brings soaring temperatures and dry…
Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll
BENGALURU: India’s economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that data…
RBI plans to remain nimble to prevent persistent supply shock amid West Asia crisis
Kolkata: Reserve Bank of India governor Sanjay Malhotra said the central bank will stay agile in policymaking to ensure that the supply shocks triggered by…
India’s wholesale inflation at multi-year high of 3.88% in March; up from 2.13% in February
India’s wholesale price inflation (WPI) accelerated to over a three-year high of 3.88% in March from 2.13% in February, as per government data released on…
Every $10 rise in crude may add 60 bps to India’s inflation: CareEdge Global
Rising global crude oil prices due to tensions in West Asia could push up India’s inflation significantly, according to Revati Kasture, CEO of CareEdge Global…