Finance Minister Nirmala Sitharaman said she was not worried about the current high level of inflation as it is seasonal in nature. “Rise in prices in commodities are largely seasonal.&nbs...
High food inflation has made the Reserve Bank of India (RBI) “helpless” in taking measures to boost the economy that is now technically in the midst of a recession.
With inflation restrict...
India is in the midst of a serious health crisis not only in society but also in the economy. The widespread pandemic has aggravated the decline of the economy, which was already discernible before th...
A spike in potato prices pushed the wholesale price index to an eight month high of 1.48 per cent in October. Potato prices have leapt 107 per cent year-on-year.
WPI inflation was 1.32 per cent in Se...
The Reserve Bank of India is in a bind on whether to check prices or kickstart recovery with retail inflation at its highest since May 2014 while the economy is now in “technical recession&rdquo...
The monetary policy committee (MPC) has retained its growth focus on hopes that the high rate of inflation will recede in the second half of this fiscal thereby giving it more space for further rate c...
The Sensex plunged 1066 points on Thursday as a 10-session rally got upended by negative global cues and profit booking with the selloff wiping out Rs 3.25 lakh crore of investor wealth in a single da...
A spike in the prices of food items pushed wholesale price inflation to a seven-month high of 1.32 per cent in September, after turning positive in August for the first time since March.
The WPI-base...
The Centre has asked the RBI to consider July as the starting month for inflation targeting as there was a break in the inflation series in April and May, meaning the apex bank will not have to submit...