The consumer price index based retail inflation spiked to a 15-month high of 7.44 per cent in July 2023
The BSE Sensex surpassed the 66,000 mark for the first time as it gained more than 600 points on gains in State Bank of India, HDFC Bank, Reliance Industries and IT majors
Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and fuel items
Dairy inflation has been elevated for some time due to several supply chain-related problems. However, while there has been some moderation, experts aren't sure about possibility of substantial price cuts in the coming months
Following the MPC meeting earlier this month, RBI had continued with its pause on repo rate hike
The Bureau of Labour Statistics said that increasing housing prices accounted for about half of the monthly rise
CPI inflation has crossed the tolerance band of RBI
High prices of crude and edible oils, pulses and vegetables were among the main factors behind the high inflation during the year.
FICCI President Sanjiv Mehta said the RBI's policy action hiking the repo rate by 35 bps was widely anticipated as the war against inflation is still far from...
The Consumer Price Index (CPI) based retail inflation has remained above the 6 per cent target since January this year
The retail inflation based on CPI has remained above 6 per cent since January 2022, and it was 7.41 per cent in September. The MPC factors in retail inflation...
India's retail inflation rose to 7.41% in September
RBI expects retail inflation to come under control at 5.2 per cent in the next financial year beginning April, down from 6.7 per cent it has forecast for the...
The all-India CPI-IW (consumer price index for industrial workers) for June 2022 increased by 0.2 points and stood at 129.2 points. CPI-IW was 129 points in...
A report found that Indian wheat prices jumped to a record high, despite a ban on exports, amid strong demand and dwindling supply from a crop damaged by heat...
The difference in inflation, according to experts, can be attributed to factors like transport costs, tax policies of state governments, and supply chain...
Consumer prices soared 9.1 per cent compared with a year earlier, the government said Wednesday, the biggest yearly increase since 1981, and up from an 8.6 per...
Her remarks came hours after official data showed that retail inflation in June stood at 7.01 per cent. The print was lower than 7.04 per cent recorded in May...
Forty per cent of U.S. adults specifically name inflation in an open-ended question as one of up to five priorities for the government to work on in the next...
The all-India consumer price index numbers for agricultural labourers and rural labourers for the month of May, 2022 increased by 11 points and 12 points to...
"So, I don't see any adverse impact of that (rate hike by Fed) because Reserve Bank of India, in the two previous cycles, has already taken adequate measures,"...
SBI has a nugget of advice for the US Federal Reserve on how to tackle rising inflation. Says the Reserve Bank of India has been ahead of the curve in tackling...
This is the 14th consecutive month that the WPI Inflation has remained in double-digits.
It's the fifth consecutive month in which inflation has been above the 6 per cent upper band of the Reserve Bank of India's (RBI) tolerance band
