By this, 1.15 lac crore liquidity will be infused into the backing system. Governor Das outlined the inflation projections for FY24-25, pegging Consumer Price Index (CPI) inflation at 4.8 per cent. Quarter-wise, inflation is forecasted at 5.7 per cent for Q3 and 4.5 per cent for Q4. For F
In light of the recent 50 basis points (bps) rate cut by the US Federal Reserve, the Reserve Bank of India (RBI) may consider a similar move, potentially announcing a rate cut by February 2025, according to a report by SBI Research.
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2024, driven primarily by higher food and beverage prices.
While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
Retired government employees in Pakistan-occupied Kashmir's (PoK's) Muzaffarabad town took to the streets demanding a rise in pension and medical allowance as inflation has taken a heavy toll on their everyday lifestyle.
According to The News International, Consumer Price Index (CPI) inflation in January 2023 accelerated to 27.55 per cent from 24.47 per cent a month earlier, as the unprecedented surge in food items' prices in the month jacked up the general inflation.
New Delhi [India], May 13 (ANI): The Consumer Price Index (CPI) Inflation for April 2022 is 7.79 per cent higher as against 6.95 per cent in March this year and 4.23 per cent in April last year, according to the government data.
New Delhi [India], May 12 (ANI): India's retail inflation surged to eight-year high of 7.79 per cent in April due to a sharp jump in fuel and edible oil prices, the government data showed on Thursday.
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 5.3 per cent for the financial year 2022.
Mumbai (Maharashtra) [India], Aug 6 (ANI): The Reserve Bank of India (RBI) on Friday projected consumer price index (CPI) inflation at 5.7 per cent during 2021-22.
Mumbai (Maharashtra) [India], June 16 (ANI): Driven by several global and domestic factors, inflation may remain elevated in the coming months, State Bank of India's research division said on Wednesday.
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday cut its forecast of real GDP growth at 9.5 per cent in the current financial year (2021-2022).