Tag: retail inflation

RBI unlikely to cut interest rate in 2024: SBI chief Setty
Posted in Economy

RBI unlikely to cut interest rate in 2024: SBI chief Setty

New Delhi, The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India…

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In August, India's wholesale price index increased by 1.31%, lower than the expected 1.85%. Food prices rose 3.26%, but vegetable prices fell 10.01%. Retail inflation stays below 4%, raising concerns for upcoming monetary policy decisions.(Reuters)
Posted in Business

India’s August wholesale inflation eases to 1.31% as fuel prices turn negative

Sep 17, 2024 12:35 PM IST India’s wholesale price index rose 1.31% in August, below the 1.85% forecast. Food prices increased 3.26%, while vegetable prices…

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India's wholesale inflation eases to 1.31% in August as fuel prices turn negative
Posted in Economy

India’s wholesale inflation eases to 1.31% in August as fuel prices turn negative

India‘s wholesale inflation eased to a four-month low at 1.31 per cent on an annual basis in August from 2.04 per cent in July, as…

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India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets
Posted in Business

India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets

By Dharamraj Dhutia India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets MUMBAI, Sept 13 – Indian government bond…

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Posted in Economy

Food Inflation: Retail inflation rises a tad to 3.65% in August; factory output increases

Retail inflation inched up marginally in August, fuelled by food and pricier vegetables, but remained below the Reserve Bank of India‘s target of 4%, while…

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retail inflation: India's retail inflation at 3.65 per cent in August; stays below RBI's 4 per cent target
Posted in Economy

retail inflation: India’s retail inflation at 3.65 per cent in August; stays below RBI’s 4 per cent target

India‘s retail inflation surged to 3.65 per cent on an annual basis in August as against a five-year low of 3.54 per cent, data released…

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Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards: UBI report
Posted in Economy

Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards: UBI report

Food inflation, which has moderated a bit lately is further expected to come down in the coming months, Union Bank of India noted in a…

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inflation: Retail inflation rates for farm, rural workers ease in July
Posted in Economy

inflation: Retail inflation rates for farm, rural workers ease in July

Retail inflation rates for farm and rural workers eased to 6.17 per cent and 6.20 per cent, respectively, in July. The retail inflation rates for…

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rbi mpc: India might need more cautious monetary policy to stem food price rise spillover, RBI says
Posted in Economy

rbi mpc: India might need more cautious monetary policy to stem food price rise spillover, RBI says

India will have to adopt a more cautious approach to monetary policy if high food prices persist and threaten to spill over into more generalised…

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Fruits being sold at a wholesale market in Guwahati.
Posted in Business

India’s July wholesale prices rise 2.04% on year

Aug 14, 2024 11:38 AM IST The wholesale price index rose 2.04% in July from a year earlier, compared with a 3.36% rise in June….

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