Inflation in India

Growth important, but not at cost of inflation: RBI Governor Urjit Patel

Growth important, but not at cost of inflation: RBI Governor Urjit Patel

The slowdown had sparked some calls for lower interest rates, but with inflation rising the RBI left rates unchanged at a review by the monetary policy committee (MPC) last week.

Oct 09, 2017, 11:22 AM IST
Scope for RBI rate cut; fiscal stimulus 'less likely': ADB

Scope for RBI rate cut; fiscal stimulus 'less likely': ADB

The committee is scheduled to come out with next bi-monthly monetary policy decision on October 4.

Sep 26, 2017, 18:26 PM IST
'Easing crude prices good for India's inflation, GDP growth'

'Easing crude prices good for India's inflation, GDP growth'

Average crude oil prices will be around USD 45 for the next half of this year and this, coupled with positive macro fundamentals, could translate into better growth numbers for the country, says a report.

 

May 11, 2017, 13:40 PM IST
Inflation under control, GDP unhurt by note ban: PM Modi

Inflation under control, GDP unhurt by note ban: PM Modi

Prime Minister Narendra Modi on Tuesday said his government has been able to tame inflation which had gone out of control before 2014 and no political party could raise the issue during the polls in five states.

Mar 07, 2017, 19:48 PM IST
Interest rate cycle bottoming out: Ind-Ra

Interest rate cycle bottoming out: Ind-Ra

 Inflation has bottomed out leaving the Reserve Bank of India (RBI) with less room to undertake further rate cuts, India Ratings and Research (Ind-Ra)  said.

Sep 15, 2016, 18:03 PM IST
0.50% cut in policy rate by March quarter: Morgan Stanley

0.50% cut in policy rate by March quarter: Morgan Stanley

Inflation in India is expected to fall to 4.5 percent by the quarter ended March 31, and this in turn would give Reserve Bank space to cut key policy rates by 50 basis points this fiscal, says a Morgan Stanley report.

Jul 21, 2016, 15:22 PM IST
Costlier food items push June WPI inflation to 1.62%

Costlier food items push June WPI inflation to 1.62%

Costlier vegetables, pulses and sugar pushed WPI inflation for the third straight month in June to 1.62 percent, queering the pitch for the Reserve Bank to reduce rates in its August policy meet.

Jul 14, 2016, 19:21 PM IST
Global cues, jewellers' buying push gold prices up by Rs 200

Global cues, jewellers' buying push gold prices up by Rs 200

Gold prices rose for the second straight day today, gaining ₹ 200 to ₹ 30,550 per 10 grams 

Jul 01, 2016, 15:02 PM IST
Economy may expand by 7.8% in 2017-18: UN report

Economy may expand by 7.8% in 2017-18: UN report

Indian economy is projected to expand by 7.6 percent in 2016-17 and accelerate to 7.8 percent in 2017-18, mainly on the back of domestic consumption demand aided by steady employment and a relatively low inflation, a UN report for the Asia-Pacific said Thursday.

Apr 28, 2016, 15:55 PM IST
Watching inflation, monsoon to decide interest rate: Raghuram Rajan

Watching inflation, monsoon to decide interest rate: Raghuram Rajan

RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan has said.

Apr 19, 2016, 15:00 PM IST

Industry pitches for more rate cuts as WPI remains negative

With inflation continues to be in the negative zone, India Inc today pitched for further easing of policy rates during the current year by Reserve Bank.

Apr 18, 2016, 18:58 PM IST
Inflation stays negative for 15 straight month; slips to (-)0.9% in January

Inflation stays negative for 15 straight month; slips to (-)0.9% in January

This is the 15th straight month since November 2014 that deflationary pressure persisted and wholesale inflation has remained in the negative zone.

 

Feb 15, 2016, 12:40 PM IST
Industrial output growth in negative territory for 2nd month, CPI inflation hardens

Industrial output growth in negative territory for 2nd month, CPI inflation hardens

Remaining in the negative zone for the second month, industrial output in December shrank 1.3 percent while retail inflation in January edged up to a 16-month high, prompting the industry to call for urgent policy action in the forthcoming Budget to spur revival.

Feb 12, 2016, 21:18 PM IST
RBI Governor Raghuram Rajan goes with panel on rate status quo

RBI Governor Raghuram Rajan goes with panel on rate status quo

Four of the five external members of RBI's Technical Advisory Committee had favoured status quo in interest rate and Governor Raghuram Rajan went along with them while deciding the bi-monthly policy earlier this month.

Dec 22, 2015, 20:58 PM IST
Inflation completely under control in India: CEA

Inflation completely under control in India: CEA

Inflation is completely under control and it is well within the target of the Reserve Bank, Chief Economic Adviser Arvind Subramanian said Wednesday.

Nov 18, 2015, 18:47 PM IST

Pulses' prices shoot up to Rs 200 per kg

India at present is facing a 20 lakh ton deficit in pulses and the price is reaching heights with more than ₹200/ kg

Oct 15, 2015, 11:23 AM IST

Inflation expected to remain within RBI's indicative trajectory: FICCI

Dr. Suri said the wholesale price index based inflation rate remained unchanged at (-) 2.4 percent in June 2015.

Jul 14, 2015, 16:54 PM IST

Another 0.5% of rate cut in 1st half of 2015 likely: Experts

The ongoing slowdown in inflation momentum has given room for the Reserve Bank to adopt a more accommodative monetary policy and cut policy rates by 50 basis points in the first half of this year, experts believe.

Feb 17, 2015, 16:40 PM IST

Lower oil prices to spur economic growth in India: Moody's

Global credit rating agency Moody`s Investors Service Wednesday said the lower oil prices is expected to alleviate India`s high inflation and spur economic growth.

Feb 11, 2015, 11:17 AM IST
India's war on inflation still not won: Raghuram Rajan

India's war on inflation still not won: Raghuram Rajan

The Reserve Bank of India (RBI) still has a way to go in fighting inflation and it is important that the central bank has the credibility to bring down inflation if it picks up, Governor Raghuram Rajan said.

Feb 05, 2015, 09:14 AM IST