Tag: inflation
India’s wholesale inflation ticks up to 8-month high of 0.83% in Dec after contracting 0.32% in Nov
India’s wholesale price inflation ticked up to an 8-month high of 0.83% in December from a contraction of 0.32% in November, data released by the…
Retail inflation remains muted at 1.3% in December| Business News
NEW DELHI: India’s benchmark inflation rate stayed on the lower side of RBI’s target band of 4% plus or minus 2% for the fourth consecutive month in…
Concerns over slowing economic expansion in second half of fiscal led to 25 bps rate cut: RBI MPC minutes
Kolkata: Concerns over slowing economic expansion in the second half of the fiscal prompted Reserve Bank of India‘s monetary policy committee members to vote for…
To worry or not? Rupee at 90 debate deepens as PM’s Economic Advisory Council member plays it down
Economic Advisory Council to the Prime Minister member Sanjeev Sanyal on Thursday said he is “not concerned about the rupee at all,” arguing that exchange…
With low inflation, GST cuts, easing rates, economists expect consumption to stay strong next year as well
In what would be music to India Inc’s ears, consumption momentum is expected to stay strong in the coming year, backed by low inflation, the…
Indian households expect ease in inflation pressures to continue: RBI survey
Indian households are anticipating a notable softening in inflation expectations for the next three months and one year ahead, the Reserve Bank of India’s latest…
RBI Governor Malhotra expects deposit rates to moderate along with lending rates
Reserve Bank of India (RBI) governor Sanjay Malhotra said he expects deposit rates to also moderate in line with bank lending rates. Replying to a…
Falling rupee makes imports costlier, fuels inflation: Experts
A depreciating rupee will help exporters and the IT sector, but make imports costlier, thus fuelling inflation, according to experts. As the rupee plunged below…
RBI’s MPC starts three-day meet; key rate decision on Friday
The Reserve Bank of India’s Monetary Policy Committee (MPC) has started its three-day review session, with markets anticipating a 25-basis-point reduction in interest rates. However,…
Not losing sleep over falling rupee against dollar, expects improvement next year: CEA
Chief Economic Adviser V Anantha Nageswaran on Wednesday said the government is not losing sleep over the declining rupee, which has breached the 90-level against…