Page 31 - Latest Updates on Inflation
Congress to protest against fuel price hike, rising inflation on June 11
The Congress will stage protests across Rajasthan on June 11 against fuel price hike and rising inflation, as part of a countrywide agitation call.
 "Congress to protest against fuel price hike, rising inflation on June 11")
Wholesale price index makeover on the cards, base year to be 2017-18
Green tea, sanitisers among items in bigger basket
 "Wholesale price index makeover on the cards, base year to be 2017-18")
Targeting growth
RBI should not underestimate risks
 "Targeting growth")
Monetary policy: Inflation trend not persistent at this time, says RBI
On petrol and diesel prices, coordinated action by the states and the Centre is needed, says Governor Das
 "Monetary policy: Inflation trend not persistent at this time, says RBI")
RBI monetary policy: Pursuing growth in times of high inflation
The RBI officials stated the MPC believes that inflation is 'not persistent' and that there is 'no thinking' about policy normalisation
Monetary policy: RBI keeps rates unchanged, cuts growth forecast
Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2
A monetary policy of continuity with change
This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it
 "A monetary policy of continuity with change")
Havells India confident of demand revival, says CMD Anil Gupta
The company is working on product development and emerging consumer trends
 "Havells India confident of demand revival, says CMD Anil Gupta")
RBI MPC highlights: 2nd wave has moderated; expect demand to pick up
RBI Monetary policy highlights: Governor Shaktikanta Das announced decisions on key rates after the MPC concluded its three-day meeting today. Stay tuned for all the LIVE updates
 "RBI MPC highlights: 2nd wave has moderated; expect demand to pick up")
Govt considering edible oil import tax cut to lower prices, says report
The government will make a final decision to cut the taxes sometime this month
 "Govt considering edible oil import tax cut to lower prices, says report")
Growth forecast, rates: 5 key things to look for in RBI monetary policy
Monetary Policy Committee expected to hold rates and continue with an accommodative stance to encourage growth
 "Growth forecast, rates: 5 key things to look for in RBI monetary policy")
Oppn party PML-N slams Imran Khan govt for rising inflation in Pakistan
PML-N lashed out at the Imran Khan-led government for the rising inflation in the country and reiterated that the party will not let the PTI pass the 'anti-people budget' in the National Assembly
 "Oppn party PML-N slams Imran Khan govt for rising inflation in Pakistan")
ECB to keep policy loose this year despite high inflation risks: Poll
The poll showed headline inflation would pick up sharply to average 1.8% this year
 "ECB to keep policy loose this year despite high inflation risks: Poll")
Pakistan inflation at 10.9% in May 2021 due to hike in energy, food prices
Pakistan's inflation remained in double digits for second successive month due to increase in energy, food prices and stood at 10.9% in May
 "Pakistan inflation at 10.9% in May 2021 due to hike in energy, food prices")
Tikait slams Centre for inflation, punishing people for raising voice
Rakesh Tikait said that if someone raises its voice against the government, they are punished
 "Tikait slams Centre for inflation, punishing people for raising voice")
Japan may see inflation perk up in post-coronavirus era: Bank of Japan
The BOJ currently caps long-term interest rates around zero, and buys huge amounts of government bonds and assets to achieve its elusive 2% inflation target
 "Japan may see inflation perk up in post-coronavirus era: Bank of Japan")
At Rs 105.52 a litre, faraway depots make Sri Ganganagar's petrol costliest
High VAT, freight costs push petrol up to Rs 105.52/ litre, diesel Rs 98.32/ litre
 "At Rs 105.52 a litre, faraway depots make Sri Ganganagar's petrol costliest")
Prioritising expenditure
Govt must focus on providing relief to the needy at this point
 "Prioritising expenditure")
Gold scales near 5-month peak on weaker dollar, inflation worries
Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session
 "Gold scales near 5-month peak on weaker dollar, inflation worries")
Retail inflation for industrial workers eases to 5.14% in April
The maximum upward pressure in current index came from Food & Beverages group contributing 0.43 percentage points to the total change.
 "Retail inflation for industrial workers eases to 5.14% in April")
