MUMBAI, Sept 2 – India’s inflation has peaked and is expected to moderate to around 5% by the April-June quarter of next year, Reserve Bank of India Governor Shaktikanta Das said in an interview with television channel Zee Business on Friday. Inflation has remained above RBI’s 2% to […]
NEW DELHI, Feb 14 – India’s central bank is committed to its inflation mandate and the likely uptick in January inflation towards the upper end of its target band should not create any panic, central bank chief Shaktikanta Das said on Monday. “Today’s inflation print is expected to […]
Summary CPI data due Jan. 12 at 1200 GMT BENGALURU, Jan 10 (Reuters) – Higher telecommunications charges, along with a comparatively low base one year ago, likely drove Indian retail inflation to a six-month high in December, a Reuters poll found, keeping alive expectations for an interest rate […]
Hyderabad, Oct 24: The Telangana government on Saturday decided to sell onions at Rs 35 per kilo at the government-run ‘Rythu Bazaars’ here in the wake of a sharp rise in the price of the edible bulb in the open market. The subsidised sale beginning today would be available […]
New Delhi, Dec 27: Onion literally brought tears to the eyes of consumers as retail prices touched Rs 200 per kilogram and tomato too turned pricier in the last quarter of 2019, leaving many scurrying for changes in dietary ways as costly food items pushed retail inflation to a […]
NEW DELHI/BENGALURU – India’s retail inflation breached the central bank’s medium-term target of 4% in October for the first time in 15 months, on the back of higher food prices. Most economists, however, expect the Reserve Bank of India’s Monetary Policy Committee (MPC) to look past the inflation […]
open view web desk The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of October, 2018 rose by 0.7 percent to 121.7 (provisional) from 120.8 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 5.28% (provisional) […]
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