Mon, Aug 12, 2019
Retail inflation data is announced during 12th of every month usually, however, on Monday, there it was not done on account of a public holiday, Eid-al-Adha or Baqreid, being celebrated across India.
Wed, Dec 12, 2018
If this month CPI eases further, it will give relief to RBI, which can either decide to stick with the status quo or, as the NDA government wants, announce an interest rate cut in the upcoming policy.
Thu, Feb 22, 2018
Union Finance Ministry has reportedly set a panel to take a final call on demands of these employees by April this year.
RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%, raised CPI inflation target
Mon, Feb 19, 2018
The Union Cabinet had earlier examined 197 allowance, recommending abolition of 53 allowance and subsuming 37 in others.
Thu, Feb 15, 2018
WPI inflation in December 2017 was at 3.58%, lower 3.93% to November 2017, and higher 2.10% in comparison with the same period a year ago.
Mon, Feb 12, 2018
The current CPI was higher if compared with 3.17% of the corresponding month in the previous year.
The IIP data will be announced for December 2017 today, while CPI data will also be released for the month of January 2018.
Wed, Feb 07, 2018
RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%.
RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.
Tue, Feb 06, 2018
The Finance Minister also decided to increase food subsidy by 21% or Rs 29,041 crore to Rs 1.69 lakh crore.
Mon, Feb 05, 2018
Analysts have already predicted that inflation is going to shoot higher than the RBI’s trajectory for FY18.
Tue, Jan 23, 2018
Finance Ministry remains firm on its borrowing and fiscal deficit targets for this financial year.
Mon, Jan 22, 2018
Clocking over 5% mark, the CPI is now at 17-month high, mainly driven by primarily by vegetables, house rent and fuel.
Fri, Jan 12, 2018
This month the Consumer food price index (CFPI) stood at 4.96% compared to 4.35% of November 2017 and 1.37% of December 2016.
The retail inflation in November reached 15-month high, whereas the factory output decelerated in October 2017 to 2.20%.
Wed, Jan 10, 2018
The CPI inflation, which has been rising for two consecutive months in November, was higher than market expectations for the third time.
Wed, Dec 13, 2017
Surge in inflation was led by a sharp rise in vegetables inflation, which shot up to a four-year high of 22.5% in Nov’2017 from 7.5% in the preceding month.
Tue, Dec 05, 2017
In the last policy announcement, the monetary policy committee headed by RBI governor Urjit Patel kept repo rate unchanged at 6% with a neutral stance citing that rising consumer prices will threaten their trajectory for inflation.
Sun, Dec 03, 2017
The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will meet on December 5 and 6 for the Fifth Bi-monthly Monetary Policy Statement for 2017-18. The resolution of the MPC will be made public on December 6.
Price pressures has been relatively subdued in the early part of the calendar year, as weak demand conditions and demonetisation program weighed on inflation. However, going forward, Consumer Price Index (CPI) based inflation is expected to rise in a cyclical form, they said.
Rating agency Icra said although the CPI inflation for October is lower than the range of 4.2-4.6% for the second half of FY18 that the MPC had forecast in its previous review, and the recent revision in GST rates would ease price pressures, certain inflation risks persist.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.