Easing food prices push retail inflation down to six-year low of 2.8% in May

Easing food prices push retail inflation down to six-year low of 2.8% in May

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 years […]

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Retail inflation declines to six-year low of 3.16% in April: Government data

Retail inflation declines to six-year low of 3.16% in April: Government data

The data shows that inflation in the food and beverages category came in at 2.14%, with vegetable prices contracting 10.98%, pulses contracting 5.23%, and meat and fish prices contracting 0.35% over their levels in April last year. File | Photo Credit: Reuters Retail inflation in India cooled for the sixth consecutive month in April 2025, […]

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First time in many years, fixed deposit rates turn positive at 8%

First time in many years, fixed deposit rates turn positive at 8%

Image for representation purpose only. As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and State-run banks led by Punjab & Sind Bank tops the chart offering 8-8.50% per annum deposit rate. Banks are forced to offer inflation-beating deposit […]

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Year in Review | Indian economy amid global headwinds

Year in Review | Indian economy amid global headwinds

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 global […]

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Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

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 prices. […]

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Rupee declines 20 paise to 82.71 against U.S. dollar in early trade

Rupee declines 20 paise to 82.71 against U.S. dollar in early trade

A customer hands Indian currency notes to an attendant at a fuel station in Mumbai. | Photo Credit: Reuters The rupee depreciated 20 paise to 82.71 against the U.S. dollar in early trade on Tuesday due to unabated foreign fund outflows from domestic capital markets. However, a positive trend in equity markets and a weak […]

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Retail inflation cools to 6.77% in October from 7.41% in September

Retail inflation cools to 6.77% in October from 7.41% in September

A scene at wholesale vegetable market Azadpur Mandi, in New Delhi. File | Photo Credit: Sushil Kumar Verma India’s retail inflation cooled to 6.77% in October from 7.41% in September, slipping below the 7% mark for the first time in three months and only the second time since April’s eight-year high mark of 7.8%. This […]

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