Tag: inflation

A labourer spreads onions for drying after rain, in Chikkamagaluru, Karnataka, Friday, Oct. 18, 2024(PTI)
Posted in Business

Onion prices to remain high in Diwali due to heavy rains, damaged crops, delayed harvest

Oct 23, 2024 12:57 PM IST The rising prices of onions, tomatoes and cooking oils caused September 2024 inflation figures to hit a nine-month high…

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India GDP growth: IMF retains India's GDP growth at 7 pc for FY25, says worldwide inflation fight is largely over but warns of new threats
Posted in Economy

India GDP growth: IMF retains India’s GDP growth at 7 pc for FY25, says worldwide inflation fight is largely over but warns of new threats

The International Monetary Fund on Tuesday retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expected India to grow…

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inflation: Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper
Posted in Economy

inflation: Rate hikes since May ’22 helped reduce inflation by 1.60%: RBI paper

The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper…

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Food Inflation and global spillovers may hinder India’s path to disinflation, RBI Bulletin highlights
Posted in Economy

Food Inflation and global spillovers may hinder India’s path to disinflation, RBI Bulletin highlights

India’s inflation is on a downward trajectory, but there is still significant ground to cover, according to the latest bulletin from the Reserve Bank of…

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With inflation affecting budgets, US consumers are planning shorter, less expensive winter holidays. A survey indicates significant changes among households, with many reducing trip lengths and choosing cheaper destinations or driving instead of flying.
Posted in Business

US travelers forced to plan very short holiday trips because of this reason

Oct 21, 2024 03:10 PM IST US consumers are planning shorter winter holiday trips due to ongoing inflation. Survey shows 86% of households earning under…

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Posted in Economy

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and will stay…

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Inflation to align to the 4 percent target by FY'25-26: Michael Patra
Posted in Economy

Inflation to align to the 4 percent target by FY’25-26: Michael Patra

Inflation is expected to be aligned with the target of 4 percent on a durable basis in the coming fiscal according to Reserve Bank deputy…

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Posted in Economy

Inflation: Food on boil, retail inflation hits nine-month high of 5.5%

India’s retail inflation surged to a nine-month high of 5.5% in September, driven by higher food inflation and an unfavourable base effect, official data released…

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inflation: India’s retail inflation accelerates to 5.49%, exceeds RBI’s 4% target
Posted in Economy

inflation: India’s retail inflation accelerates to 5.49%, exceeds RBI’s 4% target

India’s retail inflation accelerated to 5.49 per cent on an annual basis in September driven by a persistent rise in vegetable prices and a lower…

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Posted in Economy

Understanding India’s food inflation: The impact of rising tomato, onion, and potato prices

High food inflation has become a significant concern for policymakers in India, as food items account for 45.9% of the Consumer Price Index (CPI). Recent…

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