Core inflation, which is calculated by excluding ‘‘food and beverages’’ and ‘‘fuel and light’’ from the overall inflation, shot up to 6.8 per cent in Ap...
Retail inflation rate as measured by the consumer price index rose to 5.59 per cent in December from 4.91 per cent a month ago. Retail inflation has been rising since October 2021. In July too the rat...
The bad loan headache is not going away anytime soon for banks.
Stress tests of the Reserve Bank of India (RBI) show the ratio of gross non-performing assets to total assets (gross NPA ratio) will ri...
Retail inflation accelerated to a three month high of 4.91 per cent in November because of a sharp rise in fruits and vegetable prices but remained within the tolerance limit of the Reserve Bank of In...
The Reserve Bank remains focused on bringing back retail inflation to 4 per cent over a period of time in a non-disruptive manner, governor Shaktikanta Das stressed while voting for status quo in inte...
Industrial production grew 11.9 per cent in August mainly due to a low-base effect and good performance by manufacturing, mining and power sectors that surpassed the pre-Covid level.
Retail inflation...
Subdued prices of food items such as vegetables pulled down retail inflation for the third month in a row to 5.3 per cent in August, which is within the RBI’s comfort zone.
While the Consumer P...
The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report.
The c...
Retail inflation remained above the RBI's comfort level for the second consecutive month despite slipping slightly to 6.26 per cent in June while the factory output recorded a growth of 29.3 per c...
Retail inflation accelerated in May to a six-month high of 6.30 per cent as fuel and food prices rose at a higher pace, putting pressure on the central bank to tame prices amid a faltering economic re...