Food inflation dropped sharply to 0.99 per cent in May, compared to 1.78 per cent in April, lowest since October 2021. The moderation was largely driven by a decline in the prices of vegetables, pulses, cereals, fruits, and sugar products.

India’s retail inflation eases to 2.82% in May, lowest in 75 months

Business & Economy, Nestle, along with other brands, is focusing on strategic stock management and cost efficiencies before resorting to price hikes.

Commodity inflation hits India: Nestle plans 'marginal' price hikes to offset costs

Business & Economy: The Reserve Bank of India is expected to cut interest rates for the first time in five years. This will come under new governor Sanjay Malhotra's first monetary policy review on Friday.

India's RBI seen cutting rates for the first time since 2020

The Indian rupee plunged to an all-time low on November 4, reaching 84.1150 against the US dollar, as continued foreign investment outflows from Indian stocks overshadowed a weaker dollar that supported other regional currencies according to a report by Reuters.

Rupee hits record low amid equity outflows and US election uncertainty

India's Central Bank governor, Shaktikanta Das, said an interest rate cut at this stage would be "very, very risky." He added that the Reserve Bank of India (RBI) is in no hurry to join the wave of easing by global policymakers.

RBI Governor: India's inflation to moderate, but risks remain

Despite global rate reductions, the RBI maintained its policy rate at 6.5 per cent, citing concerns over food inflation and strong GDP growth. Watch for more details!

RBI Keeps Borrowing Rates Steady at 6.5%, Flags High Inflation

The Reserve Bank of India (RBI) declared in its monthly bulletin on Tuesday that India's aggregate demand momentum is improving, owing to a recovery in rural expenditure.

India's aggregate demand grows as rural spending rebounds: RBI

India's Consumer Price Index (CPI) remained unchanged in February, registering a 5.09 per cent inflation rate, mirroring the previous month's figure of 5.1 per cent.

India's inflation holds steady in February at 5.09 pc, core inflation declines

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. India's inflation prospects stabilise, economy poised for growth: RBI Bulletin The Reserve Bank of India (RBI) has released its February bulletin, painting a picture of stabilising inflation and promising economic prospects for India in 2024.

WION Business Wrap | India’s inflation prospectus, Paytm’s nodal account shift, Walmart’s Q4 results and more

India’s retail inflation has hit a four-month low, inching closer to the reserve bank of India's coveted 4% target. Retail inflation for the month of October clocked in at 4.87%. This marks a decline from the previous month's 5.02%, aligning with the Reserve Bank of India's objective of bringing inflation firmly within the 4% target range.

Relief for Indian consumers: India's retail inflation hits four-month low | World News | WION

India's retail inflation has taken a welcome dip, falling from 6.83% in August to 5.02% in September. The drop can be attributed to a substantial easing in food prices, which had surged to nearly 10% in the previous month.

India inflation dips tp 5.02% | India's retail inflation sees significant September dip | WION

With retail inflation rising again in July-August due to a surge in vegetable prices, the Reserve Bank of India's rate-setting council has emphasised on the importance of closely monitoring the situation given the danger of El Nino and uneven rainfall.

RBI MPC meeting minutes reveal resurfacing inflation concerns

Indian officials are contemplating reallocating as much as 1 trillion rupees ($12 billion) from ministry budgets to curb food and fuel prices without compromising the government deficit objective. That is based on a Bloomberg report quoting sources.

India contemplating reallocating $12 billion to curb food and fuel prices: Report

Indian officials are contemplating reallocating as much as $12 billion (1 trillion rupees) from ministry budgets to curb food and fuel prices without compromising the government deficit objective, according to a Bloomberg report quoting sources.

India aims to allocate $12 billion to address inflationary pressures: Report

Is it time for India to reevaluate its inflation and monetary policy trajectory? Are the markets and central bank underestimating the inflation risk, just like they did in 2021?

India's inflation outlook: Does the central bank need to re-evaluate its monetary policy?

The Consumer Price Index (CPI) indicates that retail inflation in India is set to fluctuate between 5.6 and 6.6 percent for July, primarily due to the surge in expenses within the food sector.

India's retail inflation projected to fall between 5.5% and 6.6%

India’s retail inflation jumped to a three-month high of 4.81 per cent on account of higher food prices, but remains within the tolerable range of the Reserve Bank of India (RBI), the government data showed on Wednesday.

India’s retail inflation jumps to three-month high of 4.81% due to higher food prices

Food prices, constituting almost half of the inflation index, have climbed steeply, contributing to the overall increase. Alongside this, clothing and footwear prices have seen a substantial jump, further exacerbating the situation. With housing costs also on the rise, the inflationary pressure is mounting.

India’s retail inflation hits 4.81% | World Business Watch

Country's wholesale price inflation WPI has come down for first time in four months, wholesale inflation has marginally declined to 15.18 % in June compared to 15.88% in May.

India's wholesale inflation in negative zone

India's annual retail inflation eased to 5.72 per cent in December from 5.88 per cent in the previous month, government data showed on Thursday. The inflation contracted by 0.

India's retail inflation shrinks to 5.72 per cent for December 2022 as food prices dip

The wholesale price-based inflation rose marginally to 11.39 per cent in August, mainly due to higher prices of manufactured goods, even as prices of food articles softened.

India's WPI inflation rose in August over costlier manufactured goods

According to data released by the Centre for Monitoring Indian Economy(CMIE), India's unemployment rate jumped to 8 per cent in April. Watch: Last month the second wave became more contagious impacting many parts of Asia's third-largest economy.

India suffers record job losses in April amid second wave

India's annual retail inflation picked up in September to 7.34% from a year ago as food prices surged ahead of the festival season, government data showed on Monday.

India's September inflation picks up to 7.34%

The retail inflation in January accelerated to 7.59 per cent due to higher prices of food items, government data showed on Wednesday. In December, the consumer price index (CPI) stood at 7.

India's January inflation rises to 7.59 per cent

india-inflation

India Inflation, News on India Inflation, stories on India Inflation, articles on India Inflation, India Inflation stories at Wion, India Inflation news, India Inflation latest news

india inflation