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3 mins read
Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead
In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…
ANI
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
2 mins read
Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards, notes UBI report
On the monsoon front, the cumulative rainfall over the country has turned from a deficit to an 8 % …
ANI
3 mins read
RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you
Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…
2 mins read
WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables
New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…
PTI
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
2 mins read
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
4 mins read
With Fed rate cuts imminent, what can you expect from the Indian markets next week?
Experts now believe a 25-basis point reduction in interest rates is imminent, since some positive c…
1 min read
Economic Survey pegs growth at 6.5-7%; solidifying India's strong macroeconomic fundamentals: CBRE
Inflation is anticipated to moderate around 4.5 per cent and it reflects a 'well-balanced' economic…
PTI
2 mins read
PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…
ANI
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
1 min read
Retail inflation eases marginally to 1-year low of 4.75% in May: Govt data
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items de…
PTI
2 mins read
Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…
ANI
1 min read
Inflation declines to five-year low of 3.54% in Jul: Govt data
The last time inflation was below 4 per cent was in September 2019. The government has tas…
PTI
2 mins read
Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD
The restaurant industry faced temporary headwinds such as high food inflation and people dining out…
PTI
2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
2 mins read
Confused by the newly introduced Unified Pension Scheme? Here’s all you need to know about how it will work
The Indian government has approved the Unified Pension Scheme, due to become effective by April 1, …
3 mins read
Market salutes Modi's third term: Sensex-Nifty open at all-time high
Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…
ANI
2 mins read
Rupee rises 11 paise to 83.84 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 83.88 against the greenback, then gained…