Representative image (Picture credit: ANI) NEW DELHI: Retail inflation plummeted to a 75-month low in May as food prices eased sharply. It is expected to moderate further in June, which may prompt the Reserve Bank of India (RBI) to hit a pause in its rate-cutting cycle after undertaking a “jumbo” cut earlier this month to…
May CPI Data: भारत की रिटेल महंगाई दर मई में 2.82 परसेंट रही, जो अप्रैल में 3.16 परसेंट थी. यानी कि यह पिछले एक महीने में 34 बेसिस पॉइंट कम हुआ है. फरवरी, 2019 के बाद मई में रिटेल महंगाई सबसे कम हो गई है. वहीं, अक्टूबर में रिटेल महंगाई 14 महीने के हाई लेवल 6.21…
NEW DELHI: Retail inflation slowed to a more than 5-year low in March on the back of sharply moderating food prices, paving the way for the Reserve Bank of India (RBI) to cut interest rates in the months ahead to support growth against the backdrop of global uncertainty.Data released by the National Statistical Office (NSO)…
Retail inflation or Consumer Price Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. This is well within the Reserve Bank of India (RBI’s) comfort zone and will likely encourage the Monetary Policy Committee (MPC) to cut repo rate in the April review to boost GDP growth.The All India…
Retail Inflation: नया साल 2025 देश की आम जनता के लिए खुशियों का पैगाम लेकर आया है. पहले सरकार ने बजट में बड़ी राहत देते हुए 12 लाख तक के इनकम को टैक्स फ्री कर दिया. फिर भारतीय रिजर्व बैंक (RBI) ने भी रेपो रेट 25 बेसिस प्वाइंट घटाकर 6.5 परसेंट से 6.25 परसेंट कर…
Retail inflation eased to a five-month low at 4.31 per cent in January primarily due to declining food costs, as per the official data released on Wednesday. The Consumer Price Index-based retail inflation stood at 5.22 per cent in December and 5.1 per cent in January 2024Additionally, food inflation stood at 6.02 per cent, showing…
NEW DELHI: Retail inflation eased in November from a 14-month high in the previous month on the back of moderating food prices, while industrial output growth displayed a modest upturn in October.Data released by the National Statistical Office (NSO) on Thursday showed inflation, as measured by the consumer price index (CPI), rose an annual 5.5%…
Retail inflation: रिटेल महंगाई दर का आंकड़ा आ गया है और ये अक्टूबर के मुकाबले कुछ घटकर आई है जो राहत दे सकती है. महंगाई दर के मोर्चे पर खुदरा महंगाई दर का आंकड़ा नवंबर में कुछ नीचे रहा है. नवंबर में रिटेल महंगाई दर 5.48 फीसदी पर रही है और इससे पिछले महीने यानी…
NEW DELHI: The Reserve Bank of India (RBI) on Friday marginally increased its inflation forecast for the current fiscal year to 4.8 per cent from the earlier projection of 4.5 per cent, attributing the adjustment to a sharp rise in September and October 2024, fueled by an unexpected spike in food prices and weakened consumption…
India’s economic growth requires “far more affordable” bank interest rates, the finance minister said on Monday, adding New Delhi was committed to measures to ensure the economy remained on course. “At a time when we want industries to ramp up and build capacities, bank interest rates will have to be far more affordable,” the minister,…