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Retail inflation hits 21-month high in May on rising food prices

The retail inflation measured on Consumer Price Index (CPI) for April has been revised upwards to 5.47 per cent from the earlier 5.39 per cent, government data showed on Monday.

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Inflation edges up to to 5.76% in May on costly food items

Inflation in the vegetable basket more than doubled to 10.77 per cent in May as compared to 4.82 per cent in the previous month.

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Rajan leaves policy rates unchanged: What will decide future policy steps?

The RBI said while a good monsoon and introduction of an electronic national agriculture market should moderate any sharp rises in food prices, there were upside risks to the inflation forecasts too.

BJP, NDA government, Narendra modi, UDAY, modi government, modi government schemes, GST bill, FDI, indian express columns

Indian economy set to retain fastest growing tag: Survey

India’s growth rate at 7.5 per cent between January and March, contrasts with neighbouring China, where growth has slipped to 6.7 per cent in the first quarter – the slowest in seven years.

Agriculture Produce Market Committee, APMC, Onion prices, Falling onion prices, Onion bumper crop, Farmer suicides, Drought Maharashtra, Pune, Pune onions, Pune onion prices

Onions: Govt buys 20,000 tonnes for buffer stock, exceeds target

Onion production is estimated to be increased to 20.33 million tonnes in 2015-16 from 18.92 million tonnes in the previous year, as per government data.

Read more: Inflation, onions
Retail pulses prices, pulse prices, food inflation, food price, Price Stabilization Fund, National Food Security Law

Centre, state food ministers to meet, discuss rising prices of essential commodities

The day-long meeting will be chaired by Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh and Commerce Minister Nirmala Sitharaman besides senior officials of the central and state departments.

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Wholesale inflation reverses gear, ticks up to 0.34 pc in April

Dearer food items like pulses, potato and sugar pushed up WPI inflation for April into the positive zone for the first time in 18 months to 0.34 per cent.

Read more: business, Inflation, WPI
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Retail inflation hits 5.4%on high food prices; IIP growth dips to 0.1%

Economists surveyed by Reuters had forecast retail inflation to inch up to 5.0 per cent in April from 4.83 per cent in March.

Read more: Inflation
A passerby walks outside a restaurant, the day Hong Kong government releases its latest consumer price index (CPI) figures in Hong Kong, China March 21, 2016,       REUTERS/Bobby Yip/File Photo         GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD MAY 9'  FOR ALL IMAGES

China April consumer inflation less than expected, producer deflation eases

Inflation appeared to be driven largely by higher food prices, rather than an improvement in broader economic activity which many global investors had been hoping for.

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Retail inflation is overstated

After adjustment, consumer price index-based inflation in 2015-16 was 3.8 per cent — a full 1.10 percentage points below the official estimate of 4.9 per cent.

Read more: GDP, Inflation
wholesale inflation india, wholesale inflation rate, wholesale inflation index, wholesale price inflation, wholesale price inflation data, wholesale price inflation India, news, Economy news, business news

Inflation in negative zone for 17th month, at -0.85 per cent in March

Food inflation stood at 3.73 per cent in March compared with 3.35 per cent in February.

wholesale inflation india, wholesale inflation rate, wholesale inflation index, wholesale price inflation, wholesale price inflation data, wholesale price inflation India, news, Economy news, business news

Improving economy: Retail inflation hits 6-month low, IIP rises after a quarter

Economists expect the RBI’s policy stance to remain accommodative in June.


Rajan prunes repo by 25 bps, seeks transmission by banks

The Reserve Bank of India on Tueday cut its policy interest rate by a quarter percentage point, lowering it to a more than five-year low while dangling the prospect of another cut later this year if inflation trends stay benign.

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Inflation could rise on bad monsoon, currency decline: Moody’s

Moody’s said a moderate growth in India, spare capacity in industry and low global commodity prices will help maintain inflation around the current levels.

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No achche din: PM Modi under fire as middle class hit hard due to rising prices

While national elections are three years away, the BJP’s popularity faces earlier tests, with ballots in states including West Bengal and Assam months away, and the key battleground of Uttar Pradesh due next year.