Search For "inflation"
Stock market to focus on global cues in coming week: Experts
Updated : 1 year, 7 months ago IST
The stock market in the upcoming week will be looking at global happenings such as international market performance, anticipations of recession in the US, and domestic macroeconomic indicators such as IIP, CPI, and WPI inflation data, said market analysts.
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Recovery in global market supports India stocks, Sensex closes over 800 po
Updated : 1 year, 7 months ago IST
Going ahead, inflation data for July will be widely eyed, scheduled to be released early next week.
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SBI projects GDP growth of 7 pc in FY25, lower than RBIs forecast of 7.2 p
Updated : 1 year, 7 months ago IST
The State Bank of India in a report projects that India's real GDP will grow by 7.0 per cent year-on-year in FY25, which is slightly lower than the RBI's forecast of 7.2 per cent.
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High food prices raise concerns but improved monsoon offers hope for RBI:
Updated : 1 year, 7 months ago IST
The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.
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A rate cut is unlikely before December, it may even be pushed back furthe
Updated : 1 year, 7 months ago IST
BOB also cautioned that the rate cut could be further delayed if inflationary pressures persist. With the Monetary Policy Committee (MPC) voting 4-2 in favour of maintaining the current policy stance, the decision underscores a growing divide among its members regarding the direction of mone
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Economists & Industry welcomed RBI's decision of no rate cut amid conc
Updated : 1 year, 7 months ago IST
Economists and Industry bodies have welcomed RBI's move to keep the policy repo rate unchanged they said that maintaining the repo rate provides stability and predictability in the financial markets.
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RBI Governor Shaktikanta Das projects 7.2 pc GDP growth for 2024-25, repor
Updated : 1 year, 7 months ago IST
Das added, "Assuming a normal monsoon and taking into account the 4.9 per cent inflation print, Q1 CPI inflation for the current financial year (2024-25) is projected at 4.5 per cent, with q2 at 4.4 per cent, Q3 at 4.7 per cent and Q4 at 4.3 per cent. CPI inflation for the first quarter of n
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RBI expected to hold repo rate steady in upcoming MPC meeting: Care Edge
Updated : 1 year, 7 months ago IST
Adding the reasons behind its anticipation, the credit agency further emphasized factors such as the inflation and, overall risk of food inflation due to the above-normal monsoon will influence the decision of the monetary committee.
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CPI for Industrial workers surged marginally, inflation declined to 3.67 P
Updated : 1 year, 7 months ago IST
The Consumer Price Index for industrial workers surged marginally in June by 1.5 points to 141.4 however, the consumer price inflation for industrial workers declined marginally to 3.67 per cent in June from 3.86 per cent in May 2024.
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No rate cut on Thursday MPC meeting, RBI may cut rate in October policy re
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting in Mumbai on Tuesday.
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SBI report cautions food price rise over possible crop loss due to excess
Updated : 1 year, 7 months ago IST
With La Nina getting precedence going ahead, excess rainfalls could result in crop loss and thus a negative impact on food prices, SBI Research report, authored by Soumya Kanti Ghosh, Group Chief Economic Advisor, said.
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RBI unlikely to cut repo rate on August 8 monetary policy: Experts
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6.
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