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Retail Inflation Eases To 5-Month Low In January
Retail inflation slowed to 4.31 per cent in January mainly due to lower food prices, according to official data released on Wednesday.
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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
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Government Report Suggests Food Inflation May Ease In Months Ahead
"A bumper kharif (summer crop) harvest is expected to lower food inflation in the coming months," the report said.
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"Education No More Affordable:" Bengaluru Man Reacts To Rs 3.7 Lakh Kindergarten Fee
A Bengaluru-based investor raised alarms over the steep increase in lower kindergarten (LKG) school fees in Hyderabad, saying that real inflation has happened in education, not real estate.
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Sensex, Nifty Reach All-Time High As Inflation Cools Off
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI.
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Amul Milk Price Hiked By Rs. 2/Litre, Here's The New Price List
"The increase of Rs. 2 per litre translates to the range of 3-4 per cent increase in MRP which is much lower than the average food inflation," reads a statement by GCMMF.
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Opinion | Road To 2024: Can Economic Performance Affect A Party's Winnability?
A government in India is likely to be voted out whenever GDP growth under it is lower compared to its predecessor's. This happened six times, in 1977, 1980, 1991, 1996, 2004 and 2014.
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Share Market In Red As US Inflation Raises Rate Cut Worries
The share markets opened lower on Wednesday, tracking Asian peers after hotter-than-expected US inflation fuelled concerns of further delay in the easing rates and weighed on sentiment.
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Next Print Of Inflation Likely To Be Lower Than 4.7%: RBI Governor
Reserve Bank Governor Shaktikanta Das today said inflation has moderated, and the next print is expected to be lower than 4.7 per cent though there is no room for complacency and the war on inflation will continue.
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Nifty, Sensex Close Lower After US Fed Rate Hike
Shares settled lower today, dragged by information technology stocks and financials, after the U.S. Federal Reserve reiterated its fight against inflation with a quarter-point rate hike even as it signalled that a pause in policy tightening could be near.
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Stock Indexes Open Lower On Mixed US Cues
Shares opened lower on Thursday, led by IT stocks, after the Federal Reserve reiterated its fight against inflation even as it signalled it might soon pause interest rate hikes.
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Rishi Sunak's 5 Promises To Get Britain Economy Back On Track
UK Prime Minister Rishi Sunak has listed reducing the national debt and lowering inflation among his priorities for the coming year.
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Sensex, Nifty Open On Lower Note, Ahead Of November Inflation Data Release
The 30-share BSE Sensex declined 495.53 points to 61,686.14 after a weak beginning.
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Zoom Annual Revenue Forecast Lowered Amid Decline in Online Business, Rising Inflation
Zoom on Monday stated that it had cut its annual revenue forecast amid a decline in online business. The company's CFO Kelly Steckelberg said that Zoom's online business would decline nearly 8 percent during the year. The easing of pandemic-related restrictions across the world is also weighing on its business as people started spending less time o...
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Rupee Rises Slightly To 81.19 Per Dollar From Previous Close Of 81.26
The rupee held its ground on Tuesday driven by a lower inflation reading and cues an overnight pullback in oil prices
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Retail Inflation Eases To 5-Month Low In January
Retail inflation slowed to 4.31 per cent in January mainly due to lower food prices, according to official data released on Wednesday.
-
RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
-
Government Report Suggests Food Inflation May Ease In Months Ahead
"A bumper kharif (summer crop) harvest is expected to lower food inflation in the coming months," the report said.
-
"Education No More Affordable:" Bengaluru Man Reacts To Rs 3.7 Lakh Kindergarten Fee
A Bengaluru-based investor raised alarms over the steep increase in lower kindergarten (LKG) school fees in Hyderabad, saying that real inflation has happened in education, not real estate.
-
Sensex, Nifty Reach All-Time High As Inflation Cools Off
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI.
-
Amul Milk Price Hiked By Rs. 2/Litre, Here's The New Price List
"The increase of Rs. 2 per litre translates to the range of 3-4 per cent increase in MRP which is much lower than the average food inflation," reads a statement by GCMMF.
-
Opinion | Road To 2024: Can Economic Performance Affect A Party's Winnability?
A government in India is likely to be voted out whenever GDP growth under it is lower compared to its predecessor's. This happened six times, in 1977, 1980, 1991, 1996, 2004 and 2014.
-
Share Market In Red As US Inflation Raises Rate Cut Worries
The share markets opened lower on Wednesday, tracking Asian peers after hotter-than-expected US inflation fuelled concerns of further delay in the easing rates and weighed on sentiment.
-
Next Print Of Inflation Likely To Be Lower Than 4.7%: RBI Governor
Reserve Bank Governor Shaktikanta Das today said inflation has moderated, and the next print is expected to be lower than 4.7 per cent though there is no room for complacency and the war on inflation will continue.
-
Nifty, Sensex Close Lower After US Fed Rate Hike
Shares settled lower today, dragged by information technology stocks and financials, after the U.S. Federal Reserve reiterated its fight against inflation with a quarter-point rate hike even as it signalled that a pause in policy tightening could be near.
-
Stock Indexes Open Lower On Mixed US Cues
Shares opened lower on Thursday, led by IT stocks, after the Federal Reserve reiterated its fight against inflation even as it signalled it might soon pause interest rate hikes.
-
Rishi Sunak's 5 Promises To Get Britain Economy Back On Track
UK Prime Minister Rishi Sunak has listed reducing the national debt and lowering inflation among his priorities for the coming year.
-
Sensex, Nifty Open On Lower Note, Ahead Of November Inflation Data Release
The 30-share BSE Sensex declined 495.53 points to 61,686.14 after a weak beginning.
-
Zoom Annual Revenue Forecast Lowered Amid Decline in Online Business, Rising Inflation
Zoom on Monday stated that it had cut its annual revenue forecast amid a decline in online business. The company's CFO Kelly Steckelberg said that Zoom's online business would decline nearly 8 percent during the year. The easing of pandemic-related restrictions across the world is also weighing on its business as people started spending less time o...
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Rupee Rises Slightly To 81.19 Per Dollar From Previous Close Of 81.26
The rupee held its ground on Tuesday driven by a lower inflation reading and cues an overnight pullback in oil prices
