RBI Closer to Its Inflation Mandate Than Other Central Banks
Central banks worldwide have been raising interest rates frantically to curb inflation. The Reserve Bank of India (RBI) is closer to its inflation target than...
Tag : Retail Inflation
India’s Unemployment Rate Rises To 7.83% In April, Haryana Tops List: CMIE
India’s unemployment rate rose to 7.83 per cent in April from 7.60 per cent in March, data from the Centre for Monitoring Indian Economy (CMIE)...
India’s Retail Inflation Rises To 6.95% In March
India’s annual retail inflation surged to a 17-month high in March, while factory output contracted month-on-month in February, complicating the central bank’s policy choices. Data...
Government Held Inflation at 6.2%, Says FM
Finance Minister Nirmala Sitharaman said that the retail inflation was contained at 6.2 per cent even after the Indian economy suffered the most significant contraction...
Government is Unlikely to Cut Fuel Taxes: CEA Subramanian
Chief Economic Adviser (CEA) Krishnamurthy Subramanian informed that the government would likely not cut fuel taxes, even after petrol and diesel rates are a record...
UBS Securities Up Average Inflation Print to 5%
After the consumer price index (CPI) jumped the 6.3 per cent mark in May and wholesale inflation reached a record of 12.94 per cent, economists...
India Retail Inflation Likely Rose to 5.30%
India’s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve...
Retail Inflation Rate Down To The Lowest In 17 Months
The retail inflation rate in India has declined to a 17-month low in the month of November whereas factory output grew to an 11-month high...