Tag: india inflation
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…
Expensive crude oil: An inflation India might benefit from
The oil markets are rattled. Iran has decided to play bouncer at the Strait of Hormuz and oil prices are over $100 with confident predictions…
India’s growth outlook resilient despite global challenges, supported by favourable rates: HSBC
New Delhi: India’s economic growth remains resilient despite global macro-economic challenges, supported by favourable interest rate and liquidity conditions, according to a report by HSBC…
India’s consumer inflation estimated at 4.3% in FY27, up from 2.5% in FY26: Crisil
New Delhi: Consumer inflation in India is expected to rise to 4.3 per cent in the financial year 2027 (April 2026 to March 2027), compared…
Goodbye VCRs, hello OTT: India’s inflation basket prepares for a reset
India’s inflation gauge is preparing for an overahul, shedding relics of the past as most Indians have made smartphones, streaming and app-based services a part…