The market players say that persistant inflation has impacted the sales and margin in both urban and rural areas, however, the they have witnessed a rise in demand as the festive season is already on its peak.
Taking to his social media handle on X, Rahul Gandhi said that the barber Ajit's four words 'Kuch Nahi Bachta Hai' speak the story of every hard-working poor and middle-class person of India today.
India cannot risk another bout of inflation and the best approach would be to remain flexible and wait for more evidence of inflation aligning durably with the target, Reserve Bank Governor Shaktikanta Das observed in the last meeting of MPC while also noting that the Indian economy presents
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
Easing inflation, favourable monsoon conditions, and increased government social spending are expected to boost household demand. Additionally, healthy corporate balance sheets are playing a vital role in supporting the recovery of private investment.
National Conference leader Sheikh Bashir Ahmad on Wednesday said that the new government in Jammu and Kashmir will fulfill people's expectations. He stated that unemployment and inflation are major issues in the valley and that Article 370 must be restored.
Bangladesh's post-Covid recovery continues to be impacted by high inflation, balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth, especially women and educated youth, says the World Bank in its twice-yearly-update, released
The soaring figures of retail inflation in September could force the Reserve Bank of India (RBI) to continue with neutral stance for a longer duration, stated SBI research, adding that "first rate cut could be based on growth, and need not be inflation."
India's Consumer Price Index (CPI)-based inflation rate for September reached 5.49 per cent from 3.65 per cent in August, reflecting an uptick primarily due to higher food prices
Reacting to Congress president Mallikarjun Kharge's "terrorist party" remarks on the Bharatiya Janata Party, Delhi Minister Saurabh Bharadwaj on Monday said that "such debates" only benefits the ruling party at the Centre as they could avoid "talk about unemployment, inflation, poverty".
In terms of the overall WPI, the index for all commodities reached 154.6 in September 2024, registering a modest monthly increase of 0.06 per cent from the 154.5 recorded in August.