July 22, 2024 16:32 (IST)
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Supreme Court stays Yogi govt's Kanwar Yatra diktat given to eateries | 'They tried to silence me': PM Modi slams Opposition on day 1 of Parliament's Budget session | 'Serious problem in our examination system': Rahul Gandhi slams Dharmendra Pradhan over NEET in Lok Sabha | NEET row: Education Minister Dharmendra Pradhan says, 'No evidence of paper leak in past 7 years' | Budget will set tone and trajectory for next 5 years: PM Modi as Parliament's Monsoon Session begins today

Retail inflation jumps to 7.44 pc in July; crosses RBI's upper tolerance band

New Delhi: India's retail inflation measured by the consumer price index (CPI) shot up to 7.44% year-on-year in July 2023 driven primarily by high food prices.

India: Wholesale inflation remains in negative zone

New Delhi: India's wholesale inflation continued to be in the negative zone but increased to (-) 1.36% in July 2023 from (-) 4.12% in June, data released by Ministry of Commerce and Industry showed on Monday.

Lower Kharif sowing due to erratic rainfall likely to push inflation up in near term: Report

New Delhi: Lower rainfall in the eastern and northeastern region has resulted in much lower Kharif sowing this year which is expected to translate into higher inflation in the near term, according to an economic report by Bank of Baroda.

After tomatoes, skyrocketing chilli and ginger prices drain consumers' pockets

New Delhi: A cause of heatwaves, heavy rainfall, and disruptions in the supply chain has led to soaring prices of various vegetables across the country, media reports said.

Inflation affecting consumer spending and personal consumption; attaining price stability key to revival: RBI

Mumbai: Inflation is impacting personal consumption expenditure and reducing consumer spending, according to the Reserve Bank of India (RBI)'s bulletin for June.

WPI maintains the declining trend; falls to -3.48% in May 2023

New Delhi: The provisional Wholesale Price Index (WPI) for May 2023 shows an annual inflation rate of (-) 3.48% compared to (-) 0.92% in April 2023, data released by the Commerce and Industry Ministry showed on Wednesday.

India's CPI inflation eases to 4.25 pct in May, lowest figure in 25 months

India's retail inflation in May stood at a 25-month low point of  4.25 per cent, as per data released by the Indian government on Monday.

RBI keeps repo rate unchanged: Here’s what the banking and finance industry has to say

Mumbai: As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), after three days of deliberation, on Thursday kept the repo rate unchanged at 6.5%.

India's wholesale inflation slips into negative territory in April

New Delhi/UNI: India's Wholesale Price Index (WPI) based inflation fell into the negative zone in April 2023.

US Federal Reserve hikes policy rate by 25 bps

The United States Federal Reserve has increased the policy rate by 25 basis points, resulting in a new range of 4.75% to 5%.

India's wholesale inflation dips to 3.85 pc in February

New Delhi: India's wholesale inflation dipped to  3.85 percent in the month of February against  4.73 percent recorded in January, official data released on Tuesday revealed.

India's retail inflation drops marginally to 6.4 pct in February

New Delhi: India's annual retail inflation rate eased marginally to touch 6.44 per cent in February from 6.52 per cent in January, as per data released by the Indian government on Monday.

Pakistan govt hikes fuel prices to historic high

Islamabad: Pakistan on Thursday raised the fuel prices to a historic high in a bid to meet the conditions set by the International Monetary Fund (IMF) to release a tranche of a bailout package, media reports said.

Pakistan likely to reel under very high inflation in the H1 of 2023

There seems to be no respite for Pakistan at least in the near future as the country’s economy is likely to reel under very high inflation for quite some time.

India’s WPI inflation eases to 4.73 pc

New Delhi: The Wholesale Price Index (WPI)-based inflation eased to 4.73 percent in January on an annual basis, data shared by the Ministry of Commerce showed on Tuesday.