Tag: inflation

Chinese President Xi Jinping delivers his speech at a dinner marking the 75th anniversary of the founding of the People's Republic of China, at the Great Hall of the People in Beijing, Monday, Sept. 30, 2024.(AP)
Posted in Business

Trouble for China’s economy as inflation falls and why that’s a problem

Chinese consumer prices rose less than expected in September, while factory-gate charges fell for a 24th straight month, underscoring the need for further policy support…

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Posted in Economy

RBI projects inflation to drop to 4.1% in FY26 amid stable economic growth

The central bank expects consumer price inflation (CPI) to reduce to 4.1% in FY26, from an average of 4.5% in the current fiscal, while broader…

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RBI monetary policy pragmatic; should cut rate in coming months, say experts
Posted in Economy

RBI monetary policy pragmatic; should cut rate in coming months, say experts

The Reserve Bank’s decision to hold rates and adopt a ‘neutral’ monetary policy stance is a pragmatic move, and there are expectations of interest rate…

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DA is applicable to all the currently serving employees while DR is appplicable to all pensioners. Both are to adjust the salary or pension to the increasing cost of living, driven by inflation.(Reuters)
Posted in Business

DA hike announcement for central govt employees may come soon after Union Cabinet meeting: Report

Oct 09, 2024 01:50 PM IST The previous DA hike of 4% was announced in March, and was effective from January 2024 The central government…

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Repo Rate: One Last Time: Is RBI MPC setting the stage for rate cuts soon?
Posted in Economy

Repo Rate: One Last Time: Is RBI MPC setting the stage for rate cuts soon?

The Reserve Bank of India-led Monetary Policy Committee (MPC) shifted its stance to neutral after a long period of withdrawal of accommodation stance while maintaining…

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Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement.(PTI)
Posted in Business

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India’s real GDP growth for FY25 at 7.2 per cent, while CPI inflation for the fiscal year…

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RBI keeps repo rate unchanged, changes stance to ‘neutral’ from ‘withdrawal of accommodation' - The Economic Times Video
Posted in Economy

RBI keeps repo rate unchanged, changes stance to ‘neutral’ from ‘withdrawal of accommodation’ – The Economic Times Video

RBI Governor Shaktikanta Das said, “The standing deposit facility (SDF) rate remains at 6.25% and the marginal standing facility (MSF) and the bank rate stand…

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RBI MPC: A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Posted in Business

Is RBI moving closer to a rate cut or will that happen in December?

India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and…

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Government to sell tomatoes at Rs 65/kg
Posted in Economy

Government to sell tomatoes at Rs 65/kg

The government has started selling tomatoes through mobile vans at Rs 65 per kilogram to contain the price of the kitchen essential through retail outlets…

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RBI MPC: Starting today, the RBI's monetary policy meeting will evaluate the repo rate, currently at 6.50%. With inflationary pressures and new MPC members, decisions will consider global economic factors and the recent US interest rate cuts.(Reuters)
Posted in Business

RBI October monetary policy meeting begins today: Should you expect a rate cut?

Oct 07, 2024 08:35 AM IST RBI begins a three-day monetary policy meeting today, assessing whether to maintain repo rate at 6.50%. Inflation and global…

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