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Inflation

Retail tomato prices drop 22% after October surge as supply strengthens

Retail tomato prices drop 22% after October surge as supply strengthens

Mon, Nov 18, 2024

Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement.

Onion prices will remain high in November says a research report of ICICI Bank

Onion prices will remain high in November says a research report of ICICI Bank

Thu, Nov 14, 2024

The report attributed this price surge to heavy rains in August and September, which disrupted supply chains, leading to a 28 per cent drop in mandi arrivals over the past two months and pushing up tomato prices by 49 per cent month-on-month in October.

RBI's 7.2% GDP growth estimate 'overly optimistic', India has entered cyclical growth slowdown: Nomura

RBI's 7.2% GDP growth estimate 'overly optimistic', India has entered cyclical growth slowdown: Nomura

Mon, Oct 28, 2024

Nomura said it sees "rising downside risks" to its GDP growth estimates of 6.7 per cent in the ongoing FY25 and 6.8 per cent in FY26.

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WATCH: Top 5 stories of this evening; From RBI stating high inflation dims rate cut hope to Airtel lowering 3G, 4G data rates

WATCH: Top 5 stories of this evening; From RBI stating high inflation dims rate cut hope to Airtel lowering 3G, 4G data rates

Mon, Aug 29, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments Top five stories of this evening: 1. High inflation dims interest rate cut hope: RBI

Growth, bank lending rates, inflation main concerns for RBI

Growth, bank lending rates, inflation main concerns for RBI

Mon, Aug 29, 2016

While several policy actions led by outbound RBI Governor Raghuram Rajan are showing their results slowly but surely, there are still a number of areas where work is still in progress, the RBI said.

India to be hit by economic crisis if oil price crosses $60 per barrel: Swamy

India to be hit by economic crisis if oil price crosses $60 per barrel: Swamy

Mon, Aug 29, 2016

India will be hit by an economic crisis if crude oil price crosses $60 per barrel, BJP MP Subramanian Swamy said on Monday. "Given the state of our economy, if crude oil price per barrel rises above $60 then we will be hit by an economic crisis," he tweeted on Monday.

RBI Governor Raghuram Rajan welcomes appointment of Urjit Patel as his successor

RBI Governor Raghuram Rajan welcomes appointment of Urjit Patel as his successor

Fri, Aug 26, 2016

Reserve Bank of India (RBI) Governor Raghuram Rajan welcomed the appointment of Urjit Patel as his successor, saying it would ensure continuity in meeting the country`s inflation objectives.

Is Cyrus Mistry planning to sell Tata Global's China operations?

Is Cyrus Mistry planning to sell Tata Global's China operations?

Thu, Aug 25, 2016

TGBL (formerly known as Tata Tea) had entered into a JV with Zhejian Tea Import and Export to manufacture and market green tea and other value added products

Will 4% inflation target change with Urjit Patel as RBI governor?

Will 4% inflation target change with Urjit Patel as RBI governor?

Tue, Aug 23, 2016

The analysts at CARE Ratings in a report dated August 22, said there will be no change in the policies with the new Governor taking over.

Wholesale and retail inflation are drawing close to each other again?

Wholesale and retail inflation are drawing close to each other again?

Wed, Aug 17, 2016

Definitional differences are due to composition of the commodities and also due to types of prices used in compilation.

Fed rate hike unlikely as US inflation decelerates

Fed rate hike unlikely as US inflation decelerates

Tue, Aug 16, 2016

U.S. consumer prices were unchanged in July as the cost of gasoline fell for the first time in five months and underlying inflation moderated, which could further diminish the prospect of a Federal Reserve interest rate increase this year.

Full text: Here's PM Modi's speech on the 70th Independence Day

Full text: Here's PM Modi's speech on the 70th Independence Day

Mon, Aug 15, 2016

He spoke on various topics from the Goods and Service Tax (GST) to India's investment ranking, rural roads, inflation, passports and intelligence.

'WPI inflation data, progress of monsoon rains to drive markets'

'WPI inflation data, progress of monsoon rains to drive markets'

Mon, Aug 15, 2016

Indian markets would take cues from wholesale inflation data, progress of monsoon rains and investment trend by overseas investors for further movement in a holiday-shortened week ahead, say experts.

Independence Day: Key things PM Modi said in his speech

Independence Day: Key things PM Modi said in his speech

Mon, Aug 15, 2016

Prime Minister Narendra Modi while delivering his third speech on 70th Independence Day on Monday from the Red Fort in New Delhi touched upon several issues right from GST to inflation to his government's work in the last two-and-half-years to terrorism.

Independence Day: From GST, investment, rural roads to inflation, this is what PM Modi said

Independence Day: From GST, investment, rural roads to inflation, this is what PM Modi said

Mon, Aug 15, 2016

So far, he said, 13 crore such bulbs had been distributed and the target was 77 crore bulbs. "These 70 crore LED bulbs can save 20,000 MW of electricity worth Rs 1.25 lakh crore."

Middle class families scared of Income Tax authorities, I will change that: PM Modi

Middle class families scared of Income Tax authorities, I will change that: PM Modi

Mon, Aug 15, 2016

Prime Minister Modi said in the last 60 years, 14 crore people were given gas connections, while the present government provided gas connections to over four crore people in 60 weeks."We have connected 70 crore Indians to Aadhaar and social security schemes. We are working to bring in social change. In such a short span of time we have built two crore toilets. Over 70,000 villages are free from open-defecation," he added.

PM Narendra Modi backs new CPI target in Independence Day speech

PM Narendra Modi backs new CPI target in Independence Day speech

Mon, Aug 15, 2016

Prime Minister Narendra Modi gave his backing to a new inflation target in a major speech on Monday, saying his government had brought down consumer price growth from double digits under the last government.

India's economic recovery to accelerate; inflation seen below 5%: Morgan Stanley

India's economic recovery to accelerate; inflation seen below 5%: Morgan Stanley

Sun, Aug 14, 2016

RBI Governor Raghuram Rajan in his last monetary policy review on August 9 left interest rates unchanged citing "upside risks" to inflation.

Retail inflation crosses 6%; at near two-year peak

Retail inflation crosses 6%; at near two-year peak

Fri, Aug 12, 2016

Retail inflation in India, or consumer price index (CPI), has risen to its 23-month peak and stood at 6.07%in July.

India's July retail inflation likely to stay above RBI's target

India's July retail inflation likely to stay above RBI's target

Fri, Aug 12, 2016

July will be the fourth straight reading that tops the RBI`s target of 5% by March 2017.

Indian inflation seen picking up in July on higher food prices

Indian inflation seen picking up in July on higher food prices

Wed, Aug 10, 2016

"The current episode of high food inflation is different ... as it is driven by a surge in a few commodities - pulses, sugar and vegetables. During the financial year 2013-14, India had witnessed double-digit inflation in nearly all food items - including cereals," wrote Jay Shankar, chief India economist at Religare Capital Markets.

'Oil prices' role in India's disinflation relatively modest', IMF says

'Oil prices' role in India's disinflation relatively modest', IMF says

Wed, Aug 10, 2016

Nothing that the bulk of the disinflation (45 per cent), however, can be attributed to a moderation in the historical dynamics of inflation that influence contemporaneous inflation, the paper said, "We also find an important role for forward-looking expectations... Almost 35 per cent of the disinflation can be attributed to this."

Here's why Raghuram Rajan did not cut repo rate

Here's why Raghuram Rajan did not cut repo rate

Tue, Aug 09, 2016

Kotak Securities said, RBI to remain focused on achieving an inflation rate closer 4%, which will lead to limitation in scope for rate cuts, even though the liquidity channel will likely remain accommodative as RBI continues to keep liquidity closer to neutral on average.

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