[ad_1] Ms. Gupta also spoke about initiatives brought in by the RBI to disseminate data. She said that the balance of payments (BoP) data is soon expected to be released on a monthly basis. Photo: X/@PIBMumbai “There is no systemic bias in the central bank’s inflation forecast,” said Poonam Gupta, Deputy Governor of RBI, adding that […]
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[ad_1] The retail inflation data for October once again underscore the fact that the update of the Consumer Price Index (CPI) cannot happen fast enough. The data show that the rate of overall inflation fell to just 0.25%, the lowest it has been since at least January 2012. On the face of it, this would […]
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[ad_1] The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate cut. The October policy comes within weeks of a cut in Goods and Services Tax (GST) and at a time when demand is likely to be created in the domestic market amid […]
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[ad_1] “An increase in headline inflation and food inflation during the month of August, 2025 is mainly attributed to an increase in inflation of vegetables, meat and fish, oil and fats, personal care and effects, and eggs,” the National Statistics Office said. Representational file image. | Photo Credit: Reuters Retail inflation in August rose slightly […]
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[ad_1] The July 2025 inflation is the lowest since June 2017 when it was at 1.46%. The year-on-year food inflation rate in July was (-) 1.76%. Image used for representation purpose only. | Photo Credit: Sushil Kumar Verma Retail inflation slipped to an eight-year low of 1.55% in July mainly due to subdued prices of […]
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[ad_1] Image for representational purposes only. | Photo Credit: Sushil Kumar Verma Retail inflation eased to a 75-month low of 2.8% in May 2025, driven downwards by falling food inflation, according to data released on Thursday. Inflation as measured by the Consumer Price Index was last lower than this in February 2019, more than six […]
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[ad_1] Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Winter Session of the Parliament, in New Delhi, on December 21, 2022. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on December 21 said the government is keeping an eye on inflation which is purely “extraneous” nowadays because of the fuel and fertilizer […]
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[ad_1] The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough), husked (brown rice) and semi-milled or wholly-milled rice. The measures do not affect export of basmati or parboiled rice. The Secretary […]
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[ad_1] Rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like IIP and CPI for further cues. Rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like IIP and CPI for further cues. The rupee depreciated 4 paise to close at ₹79.66 (provisional) against the […]
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[ad_1] India’s services sector growth hit a four-month low as demand weakened amid inflation pressures, as per the S& S&P Global India Services Purchase Managers’ Index (PMI) which moderated to 55.5 in July from an 11-year high of 59.2 in June. A reading of 50 on the PMI indicates no change in business activity levels. […]
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