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.
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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.
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.
Mon, Oct 31, 2022
Monetary Policy Committee (MPC) Meeting: The Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters beginning January 2022.
Indian markets were riding on the strength it derived from the global markets, analyst Nilesh Jain said. Favourable global cues did the trick for local equities, he added. On Friday, US markets ended strongly with Dow 30 taking the lead and closing with 800-point gains
Sun, Oct 30, 2022
The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
The RBI`s Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation.
Fri, Oct 28, 2022
Cabinet approved $26,000 crore relief package to deal with inflation in Japan. Japan's PM announced $26,000 crore relief package.
Mon, Oct 17, 2022
This festive season Government can take action against hoarding, plan is ready to control inflation. Know full news from Ambarish Pandey.
Fri, Oct 14, 2022
How much will the Fed raise interest rates now? How much inflation in which country? Anil Singhvi Shares 'Formula' for the right time of invest, Watch this video.
Thu, Oct 13, 2022
US Inflation data made local markets nervous on Thursday at the opening time as S&P 500 and Nasdaq Composite traded in the red. As the trading session progressed, the Wall Street recovered with Dow 30 trading at 29,533.70. It was up 322.88 points or 1.11%
Gold fell more than Rs 500 Whereas, Silver fell more than Rs 1400 from the upper level. In the international market, Gold fell more than $ 20. Know full details from Mrituenjay Kumar Jha.
Core inflation in US remained at a four decade high at over 8 per cent in September and would likley trigger further interest rate hikes by the Federal Reserve. In effect US Dollar will likley strengthen against other currencies, denting the prospects of yellow metal
Official data released on a showed that the retail inflation based on Consumer Price Index (CPI) was at 7.41 percent in September. It was at 7 percent in August and 4.35 percent in September 2021
Tue, Oct 11, 2022
IMF data shows the fall was highest in the last 20 years recording more than a 6 per cent fall (Q-o-Q) in 2022, as it touched $12 trillion. The forex reserve fell by $4.85 billion to $532.66 billion for the week ending September 30.
Sat, Oct 08, 2022
Inflation in India has been on the rise consistently for the past several months and various reasons can be attributed to it such as soaring food and oil prices, among others
Fri, Oct 07, 2022
Dow 30 was trading at 29,541.50, down by 385.40 points or 1.29% from the Thursday closing level. Meanwhile, S&P 500 was lower by 81.69 points or 2.18% and trading at 3,662.83 around this time. Nasdaq Composite was trading at 10,742.30, down by 330.96 points or 2.99%
Tue, Oct 04, 2022
UN warned central banks on raising interest rates. The world will be stuck in recession due to rising rates. Watch UN report on global economy. Know the full details of the report from Varun Dubey.
Sun, Oct 02, 2022
Persistently high inflation remains a key policy concern for the Reserve Bank, which has raised rates aggressively so far this year, but the pressure might ease next fiscal assuming normal rains and further normalisation of global supply chains without any exogenous shocks, according to an RBI report.
Fri, Sep 30, 2022
Today RBI has increased the repo rate by 50 basis points to 5.9%. This is the fourth time since May that the RBI has increased the repo rate. Home loan, personal loan and car loan will become expensive after the repo rate hike. On the other hand, the interest paid by banks to customers on FDs will also increase. This will have an impact on all types of home loans in the coming days. Will there be a relief from inflation now? Watch this special report of Aapki Khabar Aapka Fayda.
Repo Rate hiked by 0.5% as expected? What is the guidance in monetary policy in terms of banking sector? What is the situation regarding inflation on food items? Know from Federal Bank's ED Ashutosh Khajuria.
What is special about RBI Governor's commentary? How much interest rates will increase further? What is the outlook on inflation? What is the concern about wheat? Will the Indian rupee fall further? Know the opinion of Atul Joshi, Oyster capital on RBI's monetary policy.
Notably, inflation has remained above the central bank's tolerance level of 4 per cent plus/minus 2 per cent (upper limit 6 per cent, lower limit 2 per cent) for the past 8 months.
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