Wholesale inflation in India likely turned positive in August 2025, rising to 0.45 per cent year-on-year after recording a contraction of -0.58 per cent in July, according to a report by Union Bank of India (UBI).
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda.
LG Chem has secured a shareholder structure to comply with U.S. Inflation Reduction Act (IRA) rules by bringing Japan's Toyota Tsusho in as the second-largest shareholder of its Gumi cathode plant, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
Costs of home-cooked vegetarian and non-vegetarian thalis declined 7% and 8% year-on-year in August, respectively, in line with moderate commodity prices, according to Crisil Intelligence's latest Roti Rice Rate (RRR) report.
Samajwadi Party (SP) president Akhilesh Yadav on Sunday criticized the Centre's recent Goods and Services Tax (GST) reforms, terming them inadequate to address inflation and accusing the government of enabling select groups to profit under the guise of the tax regime.
"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's econo
Torrential floods in Pakistan's Punjab have destroyed crops, livestock, and homes, affecting over 2 million people. UN and farmers warn of a looming food crisis and inflation, with 70% of the rice crop lost and more rain expected, while floodwaters threaten Sindh downstream.
Short-term inflation in Pakistan, measured through the Sensitive Price Index (SPI), climbed 3.57 per cent year-on-year for the week ending August 28, primarily driven by a sharp rise in prices of perishable food items, Dawn reported, citing official figures released on Friday.
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
The current inflation band in India can be narrowed to 1 to 1.5 per cent compared to the existing 2 per cent to improve its effectiveness, according to a report by JM Financials.
The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the U.S. economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).