The slaries of Members of Parliament are adjusted by the Centre every five years based on the Cost Inflation Index, thereby preventing 'arbitrary increase' in their remunerations. The notification, issued on March 24, 2024, in ths manner, revises the monthly salary of MPs from Rs 1 lakh to R
The rising income levels and ever-increasing rural consumption in India are key factors shaping the paint industry's growth, pointed out Kuldip Raina, Director of Shalimar Paints.
India's inflation hit a low of 3.6 per cent in February with many states seeing high inflation. According to SBI research report, Kerala reported the highest inflation rate of 7.3 per cent among states in February, followed by Chhattisgarh at 4.9 per cent.
President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.
However, external risks will require close monitoring, the global economy is facing significant turbulence due to an ongoing tariff war, causing fluctuations in growth, inflation, and financial markets, however, despite these challenges, Indian firms have shown improvement in sales and profi
In a post on X, Kharge accused the government of exploiting the public, claiming that while crude oil prices have dropped by 34% since May 2014, the prices of fuel remain unchanged.
Wholesale inflation in India edged marginally higher in February, rising to 2.38 percent, according to data released by the commerce ministry on Monday. In January, it was 2.31 percent.
Residents of Pakistan-occupied Jammu and Kashmir (PoJK) are struggling with soaring prices of essential goods during Razdan, as government efforts to control inflation have failed. Rising costs of food and household items have left many unable to afford basic necessities, sparking frustratio
Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said.
"With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive rate cuts in next policy April and June 2025. With an intervening gap in Aug'25, the rate cuts cycle could restart from Oct'25, says the repo
Core inflation edged higher in February, mainly due to a surge in gold prices, but the stabilization of global edible oil prices and expectations of a normal monsoon suggest a favourable food inflation trend in the coming months.
The much-awaited inflation data of United States (US) signals cooling in headline Consumer Price Index (CPI) standing at 2.8 per cent year-on-year, as per the data released by U.S. Bureau of Labor Statistics.