Tag: inflation
RBI’s Malhotra says rate hike talk is premature, stays in wait-and-watch mode
New Delhi: Reserve Bank Governor Sanjay Malhotra has said the central bank is closely monitoring developments in West Asia and that it would be premature…
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
New Delhi: India’s wholesale inflation rose to a record 9.7% year-on-year in May, the first reading under the revised Wholesale Price Index (WPI) series that…
Weak monsoon threat looms; food inflation fears rise
New Delhi: Trends show that moderate or stronger El Nino events have often coincided with weak monsoons, said a report by rating agency Care, indicating…
RBI policy press conference: Here’s everything that came up for discussion
Mumbai: Friday’s monetary policy press conference by Reserve Bank of India (RBI) Governor Sanjay Malhotra touched every possible gamut of the world’s fastest-expanding major economy,…
Gold declines as uncertainty surrounds progress in US-Iran talks
Gold was on track for a weekly loss as uncertainty persisted over progress in US-Iran talks to end the war that’s roiled global markets. Gold…
RBI MPC: India’s Goldilocks moment dims, but the lights are not out
India’s economic sweet spot appears to be getting harder to sustain. For much of the past year, the country enjoyed what economists often describe as…
RBI’s rate-setting panel starts deliberations, policy announcement on Friday
The high-powered Monetary Policy Committee, headed by RBI Governor Sanjay Malhotra, on Wednesday started its three-day brainstorming amid expectations that the central bank may leave…
SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: Report
State-owned lender SBI’s Chairman CS Setty said a pause would be an appropriate decision by the Monetary Policy Committee (MPC) at its upcoming policy meeting,…
Tantrum of a problem child might cool India’s economic engine
The India Meteorological Department (IMD) delivered a sobering update on Friday by maintaining its forecast for a below-average monsoon in 2026. The weather watchdog warned…
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…