Wholesale price inflation turns negative in June at (-) 0.13%

[ad_1] As per WPI data, food articles saw a deflation of 3.75% in June, as against a deflation of 1.56% in May, with vegetables seeing a sharp drop. File. | Photo Credit: Reuters Wholesale price inflation (WPI) declined to (-) 0.13% in June as prices of food articles and fuel saw deflation, along with easing […]

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Markets bounce back in early trade as inflation cools to 6 year low in April

[ad_1] Representative image | Photo Credit: PTI Equity benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (May 14, 2025) as retail inflation eased to a nearly six-year low of 3.16% in April, creating enough room for the Reserve Bank to go for another round of rate cuts in the June monetary policy […]

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S&P keeps India’s economic growth forecast unchanged at 6% in FY24

[ad_1] Photo used for representational purpose only. S&P expected the Reserve Bank of India to raise its already high policy rate further following a recent upside surprise to inflation. File | Photo Credit: Sushil Kumar Verma S&P Global Ratings on Monday kept its forecast for India’s economic growth unchanged at 6% in the fiscal year […]

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Measures announced in Budget to promote jobs, spur economic growth: Finance Ministry

[ad_1] Union Finance Minister Nirmala Sitharaman addresses a press conference on Union Budget 2023-24, in Jaipur on February 20, 2023. | Photo Credit: PTI The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the […]

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Year in Review | Indian economy amid global headwinds

[ad_1] Multiple headwinds at varied points of time impacted the Indian economy’s thorough economic revival in the calendar year 2022. The year started with the threat emanating from the Omicron variant which settled towards the later end of the succeeding month. This was followed by the Russian actions in Ukraine and the ensuing disturbances in […]

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Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

[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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Jobs increased, inflation tamed in India, says Labour Secretary

[ad_1] Image used for representational purposes only. | Photo Credit: AFP India played a major role in the four-day Asia Pacific Regional Meeting of the International Labour Organisation (APRM of ILO), which concluded here on Friday, by intervening in various discussions on the report by ILO Director-General Gilbert F. Houngbo. Union Labour Secretary and Vice […]

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RBI soft-pedals on rate hikes, but may not have hit the brakes yet

[ad_1] The Reserve Bank of India (RBI) on Wednesday raised the policy repo rate by 35 basis points (bps) to 6.25%, downshifting gears from consecutive increases of 50 bps, and scaled down GDP growth hopes for the year to 6.8% from 7%, even as Governor Shaktikanta Das exuded confidence about the economy being resilient and […]

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No prospect of recession in India, economy to grow 6%-7% in next fiscal: Rajiv Kumar

[ad_1] Former Niti Aayog vice-chairman Rajiv Kumar. File | Photo Credit: Sandeep Saxena India will still grow at 6%-7% in the next 2023-24 fiscal even as the economy may be affected by uncertain global conditions, former Niti Aayog Vice-Chairman Rajiv Kumar has said amid growing fears of the world slipping into a recession. Mr. Kumar further […]

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No prospect of recession in India, economy to grow 6%-7% in next fiscal: Rajiv Kumar

[ad_1] Former Niti Aayog vice-chairman Rajiv Kumar. File | Photo Credit: Sandeep Saxena India will still grow at 6%-7% in the next 2023-24 fiscal even as the economy may be affected by uncertain global conditions, former Niti Aayog Vice-Chairman Rajiv Kumar has said amid growing fears of the world slipping into a recession. Mr. Kumar further […]

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